Profitable Dry Cleaning & Laundry Business with Real Property - Business for Sale

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Dry Cleaning and Laundry Business with Real Estate in Erie, PA

Erie, PA, US
Added today
Dry Cleaning & Laundry Services
22 years in business

Established dry cleaning and laundry business in Erie, PA offering services including dry cleaning, wash and fold, alterations, household textiles, and commercial linen, with five parcels of real property included in the sale.

Key Information

Asking

$1.4M

Revenue

$768K

Earnings

$231K

Multiple

6.1x

Key Highlights

  • Business has operated since 2004 (22 years in operation).
  • Average NOI is approximately 27%.
  • Sale includes all business assets, equipment, goodwill, and real property across five parcels.
  • Conservative real estate indication is approximately $820,000 for buildings only, with additional land value not included.
  • Business offers diversified services: dry cleaning, wash and fold, alterations, household textiles, commercial linen, and route capability.
  • Located in a dense residential area in Erie, PA.

Contact Info

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