Grapevine Laundry & Linens

For Sale

2345 Warfel Avenue, Erie, PA 16503

This Erie property for sale is located at 2345 Warfel Avenue. The current listed sale price for Grapevine Laundry & Linens is $1,600,000. Grapevine Laundry & Linens is situated on a lot that is 0.59 acre in size.

Contacts

Sherry Bauer

SBRE - Sherry Bauer Real Estate

Property Details

  • Property Type Industrial - Manufacturing
  • Property Size 13,091 SF
  • Lot Size 0.59 Acre
  • Property Tenancy Single Tenant
  • Date Updated Jun 6, 2026
  • HVAC None
The main industrial facility building located on Warfel Avenue, minutes from the Bayfront Connector & I-90, major commuter corridors. The State Street building, just a few blocks from Peach Street, is used for pick up and drop offs and adds visibility and operational flexibility for counter service or routes.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.
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Highlights

  • Ample growth opportunities in digital and direct marketing, expanding commercial accounts, subscriptions, and additional revenue streams.
  • Conservative real estate indication approximately $977,000± for buildings only with additional land value not included.
  • Dense residential area that supports steady weekday and weekend demand.
  • Diversified customer mix of individuals and businesses.
  • Diversified service lines including dry cleaning wash and fold alterations household textiles commercial linen and route capability.
  • Documented procedures preventative maintenance and service history that support quality consistency and lower redo risk.
  • Equipment included in sale - list available and included in Section 2.
  • Established in 2004 with trained staff and owner transition support available.
  • Full financials with signed confidentiality - financial summary in Section 1.
  • Multi-year positive NOI of 24% on average, above industry averages (~10-20%) with strong multi-year sales averages from recurring business.
  • Recurring revenue from strong customer relationships and commercial contracts.
  • Sale includes business assets, equipment, goodwill and real property across 5 parcels providing visibility, access, and on-site parking.

Attachments

Getting around

  • 66/100

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  • 32/100

    Transit Score ®

  • 75/100

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Location

  • City Erie, PA
  • Zip Code 16503

Points of Interest

  • Erie Zoo Train Station

    2.45 miles

  • L. Ruth Express

    5.82 miles

  • Citgo

    0.50 miles

  • Pacific Pride

    0.76 miles

  • Kwik Fill

    0.95 miles

  • Tesla Supercharger

    4.13 miles

  • Wash Kingdom

    0.14 miles

  • Kenny's Garage

    0.23 miles

  • Mr Suds

    0.98 miles

  • New Concept Car Wash

    1.18 miles

  • Niagara Car Wash

    1.25 miles

  • Grandview Car Wash

    1.41 miles

  • Denny's Touchless Auto Wash

    1.50 miles

  • South Shore Limousine

    1.58 miles

  • Nancy Clark's Car Wash

    1.67 miles

  • Enterprise

    1.68 miles

  • Burger King

    0.13 miles

  • Francisco’s Mexican Taqueria

    0.14 miles

  • McDonald's

    0.18 miles

  • Chicken Tzatziki

    0.43 miles

  • Fit Style Nutrition

    0.52 miles

  • Gurkha Grill

    0.92 miles

  • Subway

    0.98 miles

  • Marco's Pizza

    0.98 miles

  • New York Lunch

    1.00 miles

  • Clancy's Pub & Pizza

    1.03 miles

Contact Listing Broker
Sherry Bauer

SBRE - Sherry Bauer Real Estate

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