Laundry business for sale

Secane, PA (Delaware County)

Laundry business for sale
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Asking Price: $429,000

Cash Flow: $98,000

Gross Revenue: $234,000

EBITDA: N/A

FF&E: $300,000

Inventory: N/A

Rent: $0.00

Established: N/A

Laundry business for sale

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Business Description

Very good area ,PK PROPERTY INC
753 West Cheltenham Ave. Melrose Park, PA 19027
Tel: 215-668-1666 / Office: 215-635-5100, Fax: 215-494-0483 , Text Msg: 215-668-1666
Peter Han / Email: pkbroker@comcast.net

Details for the Business

General information

Business Name: Business Type: laundry Contact Name: stuart herman
Address: , Pa 19018 Corp.Name
Present Owner for 5 yrs County: Delware Lease Expired:
Business Hours: M-T: 7a-11p Fri: 7a-11p Sat: 7a-11p Sun: 7a-11p
Employees: Full 1 Part 2
Bldg.Size: Lot Size: Parking: many cars Lic.No
Direction: Shopping Center

*All Expenses (yearly total) *Annual Gross Sales Total 234,000.00
License & Dues: 300.00 (1) average 4500week
Rent: 45,600.00 (2)
Electricity: 10,714.00 (3)
Gas: 13,000.00 *Mark Up
Water: 9,600.00 (1)
Trash: 1,000.00 (2)
Wages: 20,000.00 (3)
Insurance: 4,200.00 *Total Gross Incomes 234,000.00
Alarm: 250.00 *Total Expenses 110,364.00
C.P.A: 1,000.00 *Net Profit 100,000.00
Advertising: NA *Other Incomes
Repair: 2,000.00 (1)
Office Expenses: 500.00 (2)
Supplies: 1,000.00 (3)
Termini: 0.00 *Total Net Profit 98,000.00
Card Fee: 1,200.00 *Asking Prices
Sales Tax: 0.00 Business 450,000.00
Property Tax: Included on rent Property NA
"Use &
Occupancy Tax:" Total Price
Inventory
Payroll Tax: Down
Other Expenses: machine co loan
(1) additional 7,000.00
(2) *Other Information
(3) 540 Washers , 50 Dryers

Total Expenses: 110,364.00

All information pertaining to business and NA was provided from the seller,
The company & agent ,Peter Hahn does not hold any responsibility for misinformation or numerical errors.
The Buyers will be responsible for checking & investgating about all above informations.

Detailed Information

Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Large shopping center with more than 20 units, parking lot for many cars,3000sf, 50 Washers and 50 Dryers , total 100 Machines, use card , not coin or qurter , office , 1 card machine, lots of potential ,rent 3900/month
Competition:
Carry more other items such as more detergent , Lotto machine...
Support & Training:
2 weeks
Reason for Selling:
Personal
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Contact the Seller

(from currently available funds)
 
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Peter (Kun) Han

Business Listed By:
Peter Han

PK Property

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