Well-established laundromat for sale in a high-traffic area of Greensburg PA—and you get to own the real estate! No more paying rent to someone else—pay it to yourself. Looking to stop paying rent and start building equity? This is your chance to own both a long-standing, 4,000 sq ft laundromat and the property it sits on! Established in 1962, this laundromat has been a reliable cornerstone of the community for decades.

Key Features:

Prime Location: A 4,000 sq ft laundromat that has been a community staple since 1962, located in a bustling area with strong customer loyalty.

Spacious Facility: Equipped with 38 washers and 35 dryers of various makes and conditions. In 2022, 11 new washers and 8 new dryers were installed by Pittsburgh Laundry Systems.

Greensburg PA Building Upgrades:

• New roof installed in 2019
• New HVAC system installed in 2023

Revenue Potential:

• Annual revenue: $130,000
• Annual expenses: $80,000 (including $36,500 in payroll; owner is the sole employee)
• Net profit: $50,000 (before accounting for rent you’d pay yourself)

Growth Opportunity in Greensburg PA:

Some older equipment is not currently operational, and the laundromat is being sold “as is,” offering the potential to improve profits with equipment upgrades. Additionally, vending machines are not included in the sale, leaving room for new owners to explore other income-generating services.

Why This Opportunity is Unique:

• Own the Property: This is a rare chance to not only run a business but also own the real estate, giving you control over your costs and the ability to build equity over time. 
• Solid Financials: With a strong customer base and a net profit of $50,000 before factoring in what you’d pay yourself in rent, this laundromat is primed for growth under new ownership.

This is an ideal opportunity for buyers looking to grow their investment by taking over a beloved community business and its real estate.”