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sales rep | Brivity IDX

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309 S 48th St , Philadelphia, PA 19143
$750,000
Est. Payment: $4,051.63/mo
23600 Sqft
0.74 Acres
Status: active | Days on site: 81
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55916 - 3193902
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House Description

BUSINESS ONLY SALE – ESTABLISHED LAUNDROMAT NEAR UNIVERSITY CITY / UPENN Rare opportunity to acquire an established, large-scale laundromat business in a highly desirable West Philadelphia location near the University of Pennsylvania and University City. Business and assets only – real estate is NOT included in the sale. The buyer will assume/take over the existing lease, subject to landlord approval and lease terms. The approximately 6,000 SF laundromat offers an impressive operation with 100+ commercial washers and dryers, providing substantial capacity to serve the surrounding residential community, students, faculty, staff and neighborhood customers. The property also offers the benefit of large customer parking lots, an important amenity for a laundromat business and a significant convenience for customers handling larger loads. The sale includes the business equipment, laundry equipment, fixtures and goodwill, providing an incoming owner with the opportunity to step into an established operation rather than start from scratch. The business has demonstrated strong cash flow, and the current owner is offering the business for sale due to retirement. Situated in the University City/West Philadelphia area, the location benefits from a dense surrounding population and proximity to major educational institutions, residential neighborhoods and public transportation. University City is home to major institutions including the University of Pennsylvania and Drexel University, creating a substantial customer base in the surrounding area. This is an excellent opportunity for an experienced laundromat operator, investor or entrepreneur seeking an established, cash-flowing business with significant existing equipment, a large footprint, abundant parking and an established customer base. BUSINESS SALE ONLY – REAL ESTATE NOT INCLUDED. Buyer to assume/take over lease. Sale is subject to landlord approval and applicable lease terms. Financial information, equipment list and additional business details available to qualified buyers upon execution of a confidentiality agreement and/or proof of funds, as appropriate.

Highlights

Listed by Greg Lin , 2674381887 Better Homes Realty Group , 2159387800. Bright MLS

Property Type

Business Opportunity

Lot/Acreage
0.74

Year Built

1940

County

Philadelphia

Area

19143 (19143)

Neighborhood

None Available

School District

The School District Of Philadelphia

Listing ID

PAPH2658274

Questions about this listing?

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Interior Features

Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Zoning:C2
Sewer:Public Sewer
Principal Interest
$4,052
Taxes
$2,459

Home Price

$750,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$150,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,051.63

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,051.63 $2,459.33 $0.00 $6,510.96
Yearly $48,619.56 $29,512.00 $0.00 $78,131.56
Total $1,458,586.73 $885,360.00 $0.00 $2,343,946.73
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T21:11:33.000Z

© 2026 Bright MLS