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29830608

121 S 5th St, Reading, PA 19602

JT
PA RS333622
Pagoda Realty & Property Management
Listed by Pagoda Realty & Property Management
$550,000
108 days on market
Updated 6 days ago
Opportunity zone

Sunrise Laundromat | 121 S 5Th St, Reading, PA 19602

Details
Property Type Mixed Use, Special Purpose (+1)
Sub Type Business and Building
Square Footage 3,484
Price per SqFt $158

Mixed Use | 3,484 SqFt

Marketing description

Prime opportunity to acquire Sunrise Laundromat, an established laundry business at 121 S 5th St, in Reading, PA. The sale includes everything: the real estate, the business and equipment. Situated in a dense populated corridor, within the city of Reading, this location benefits from strong walkability, consistent neighborhood demand, and limited in-home laundry access in the immediate trade area. The business has history of strong customer base and on-site equipment in place. The layout is designed for efficient customer flow and ease of maintenance. offering a mix of washers and dryers suitable for everyday residential use and larger loads. The property is positioned to support steady year-round traffic and provides opportunity for continue cash flow with upside through operation enhancements. This offering is ideal for owner-operator seeking hands on management or an investor looking to add a stable service-based business to their portfolio. There is potential to increase revenue through extended hours, pricing adjustments, wash and fold services, vending additions, or modernization/upgrades of existing equipment (buyer to verify). Financial information, equipment details and operating metrics available upon request.

Investment highlights

Prime opportunity to acquire Sunrise Laundromat, an established laundry business at 121 S 5th St, in Reading, PA. The sale includes everything: the real estate, the business and equipment. Situated in a dense populated corridor, within the city of Reading, this location benefits from strong walkability, consistent neighborhood demand, and limited in-home laundry access in the immediate trade area. The business has history of strong customer base and on-site equipment in place. The layout is designed for efficient customer flow and ease of maintenance. offering a mix of washers and dryers suitable for everyday residential use and larger loads. The property is positioned to support steady year-round traffic and provides opportunity for continue cash flow with upside through operation enhancements. This offering is ideal for owner-operator seeking hands on management or an investor looking to add a stable service-based business to their portfolio. There is potential to increase revenue through extended hours, pricing adjustments, wash and fold services, vending additions, or modernization/upgrades of existing equipment (buyer to verify). Financial information, equipment details and operating metrics available upon request.

Ownership has been making updates to this location and plans on reopening soon. Showings are still available upon request. Buyers responsibility to verify square footage along with business financials. Sale includes real estate, laundromat business and equipment. Can be purchased alone or with package deal which includes following locations: The Missing Sock Laundromat 1170 Perkiomen Ave, Reading PA 19602, tax id # 03-5316-22-19-5699, Jake's 9th St Laundromat 1501 N 9th St, Reading PA 19604 Tax ID # 17-5317-29-08-1409 and Sunrise Laundromat 121 S 5th Street, Reading PA 10602 Tx ID # 04-5306-27-79-9342

Listing Contacts

JT
PA RS333622
Pagoda Realty & Property Management
Listed by Pagoda Realty & Property Management

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Additional Information

Name
Jimmy Thelusca
License
RS333622
Brokerage
Pagod Realty
Brokerage Phone
610-927-7466
Title
Pagoda Realty
Brokerage Address
2208 Quarry Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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