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Listed price in listed location currency (USD).
$1,600,000

000

MLS® 189334

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Business Opportunity
Size 13091 sqft
Garage No
HOA Fees 
Taxes $9,902
Days Active 0
Approx. Age 1964
Avg. Price Per Sqft $122
MLS® Number 189334

Property Address: 2345 Warfel Ave, Erie, PA, 16503-2532

Average square foot calculated using Size range provided by listing agent.

Description

This dry cleaning & laundry business offers immediate cash flow, reduced operational risk, & proven stability. Operating since 2004, Grapevine generates consistent multi-year profitability with an average NOI over $165k for a ~24% margin (industry averages are ~10-20%), driven by recurring revenue & a diversified revenue stream. Services span dry cleaning, wash & fold, alterations, household textiles, & commercial linen, allowing resilience across cycles. The sale includes all operating assets, equipment, goodwill, & 5 parcels of real property for operational control & long-term value. Established systems, customer mix, & trained staff reduce transition risk leaving clear upside through marketing optimization, commercial account expansion, subscriptions, & route development. Positioned in a dense residential area, the business is well suited for an owner-operator or investor seeking a proven opportunity with scalability. Full financials available with signed confidentiality agreement.
MLS® Number189334
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1964
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 14, 2026List Date
$1,600,000List Price
  • Commute

Commute

Starting Address
Destination Address
2345 Warfel Ave, Erie, PA

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