$1,600,000.00
2345 WARFEL Ave, ERIECITY PA 16503
| 13091 ft2
Business Opportunity Service
Jan. 14, 2026, 3:40 p.m.
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.
Listed by: Sherry Bauer (814) 453-2000, SBRE - Sherry Bauer Real Estate Services (814) 453-2000
Source: MLS#: 189334; Originating MLS: Greater Erie Board of Realtors
| Directions | Main industrial facility: Bayfront Connector/Rte 290 to Broad St to 2345 Warfel. Retail location at 2826 State Street across from Collegiate Academy. |
| Year Built | 1964 |
| Area | 4 - Erie Southeast |
| Water | Public |
| School Districts | City-Erie |
| Building Information | Existing Structure |
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