HS Listing ID-72095

Asking Price: $800,000 (business + real estate, package)

Annual Figures:
Gross Revenue: $181,320
SDE: $114,169

Business Highlights

Absentee Operation with Electronic Payments: Fully self-service, unattended laundromat run on a true absentee basis — no on-site staff, with the current owner managing it hands-off from roughly two hours away. A modern card-based electronic payment system handles all transactions and supports reliable, system-recorded sales tracking. Exceptionally well suited to a buyer seeking passive or semi-passive cash flow.

Real Estate Included in the Sale: Unlike most laundromat offerings, the package conveys the underlying real estate — a freestanding building of a little over 3,000 sq ft. The buyer controls occupancy with no landlord or lease risk, captures the property's value directly, and gains expansion optionality.

Established, Long-Tenured Operation: Operated as a stable, revenue-generating laundromat for over a decade under current ownership, giving a buyer a meaningful, proven operating track record rather than an unproven concept.

Consistent Revenue: Generates roughly $3,400–$3,600 in weekly sales (averaging ~$3,500/week), for approximately $181,000 in annual gross revenue, with steady year-round demand. Current-year figures are tracking in line to slightly ahead.

Strong Seller's Discretionary Earnings (SDE): Approximately $114,000 in annual SDE on a combined business + real estate basis, reflecting strong owner-benefit cash flow for a near-passive operation with essentially no labor cost.

Verifiable Sales Data: A LaundryWorks/Cents electronic payment and management system tracks all sales, giving a buyer real, system-recorded revenue to validate during due diligence rather than relying on estimates alone.

Equipment: 16 Continental Girbau washers and 20 dryers (36 total), approximately 12 years old with useful life remaining. High-efficiency soft-mount washers, a dryer-heavy mix for fast turnaround, and a recently installed card payment system with video-screen kiosk.

Recent Capital Improvements: Meaningful reinvestment within the last year — a new roof, a freshly re-paved parking lot, and the new card machine, reducing near-term capital expenditure for a buyer.

Minimal Labor, Nothing to Manage: No employees to inherit or replace — the only labor is a local contract cleaner at night. This keeps overhead low and eliminates the payroll, scheduling, and turnover burden typical of attended stores.

Built-In Expansion Upside: The building includes an additional ~1,000 sq ft vacant retail storefront — lease it out (estimated a couple thousand dollars/month potential) or expand the laundromat into it. Blueprints and building-permit work are already done to add a restroom. A buyer can also layer in wash-and-fold or attended services for incremental revenue.

High-Density, Renter-Heavy Market: Located in a compact, densely populated borough (~5,300 residents within ~1.4 sq mi, near 3,700 people per square mile) with an above-average, renter-heavy demographic and older housing stock that often lacks in-unit laundry — the core customer base that drives consistent, repeat laundromat demand year-round.

Reason for Sale: After many years of ownership, the owners are nearing retirement and looking to sell the operation together with the real estate.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Listed By SFR Realty Jason Green Pennsylvania License #RMR005310