Sell a Laundromat in Scranton, PA
To sell a laundromat in Scranton, PA, prepare store-level revenue, lease and equipment evidence before choosing an asking price. The local figures below help explain the market around your store. They are dated demographic estimates and employer records, not local sale comparables or a forecast of buyer demand.
Key takeaways
- Scranton, PA: 15,164 renter households at a 50.1% renter share (Source: ACS 2020–2024).
- Store financials and lease rights determine what can be represented to a buyer.
- Local industry counts do not establish an asking price or forecast a sale.
- Current permits, tariffs and transfer rules require transaction-specific confirmation.
Which local records should sellers prepare in Scranton, PA?
Assemble a confidential utility bridge separating volume, rate and fixed-charge changes. Keep original bills and the meter/EDU explanation in the post-NDA deal room, rather than publishing an identifying account number. Provide occupancy and improvement records separately from the business's financial history; neither is a substitute for the other. The buyer can then investigate an apparent expense change without treating it automatically as an earnings adjustment.
Authority findings and limits
- The utility's current rate index identifies August 13, 2026 rates. In the linked wastewater tariff, Supplement 69, printed page 12.1 (PDF page 28), Rate Zone 2a identifies the Scranton Sewer combined system. The nonresidential schedule lists $40.00 monthly service charge per EDU and $2.4385 per 100 gallons. The tariff describes billing from water usage or sewage flows at the utility's discretion. These are wastewater charges, not drinking-water prices or a complete account quote. Sources: Pennsylvania American Water; Pennsylvania American Water.
Sources checked 2026-09-25. The opening paragraph is our transaction-preparation analysis; the cited findings describe the authorities' published guidance. This focused review does not establish a property's compliance, account classification or transaction clearance. Have the relevant authority and your advisers confirm current terms for the actual entity, address and proposed work.
What evidence describes Scranton, PA?
| ACS 2020–2024 estimate | Scranton, PA | Published margin of error |
|---|---|---|
| Population | 76,033 | ±54 |
| Renter-occupied households | 15,164 | ±632 |
| Renter share of occupied households | 50.1% | Derived ratio; no combined margin calculated |
| Median household income (2024 dollars) | $50,739 | ±$2,359 |
Source: ACS 2020–2024 five-year estimates via Census Reporter. Keep the estimate and its margin together when sharing the Scranton, PA market summary. Do not present these household characteristics as measured customers or substitute household income for payroll evidence.
What is distinctive in the Scranton, PA disclosure evidence?
Scranton, PA accounts for 19.8% of the Scranton--Wilkes-Barre, PA Metro Area renter households and 13.3% of its residents in ACS 2020–2024. A sale memorandum should distinguish the city's 15,164 renter households from the metro's 76,419. A regional audience description cannot establish where your store's customers live.
Within this site's 80-city coverage set, Camden, NJ is closest to Scranton, PA in estimated renter-household count: 16,025 versus 15,164. Yet five-plus-unit buildings represent 18.5% of its housing, compared with 15.3% here. A similarly sized renter base is not a matched sale comparable. Use this contrast to explain why the buyer still needs your property's actual competition and laundry-access evidence.
Of the three other housing measures compared, the largest percentage-point difference is renter households without a vehicle: 24.0% in Scranton, PA and 37.8% in Camden, NJ. In the disclosure file, document walking access, safe crossings and realistic parking alternatives instead of asserting what the statistic implies about customers. These are estimates, and this comparison does not test statistical significance.
87.5% of the housing units in Scranton, PA were built before 1980. Prepare records of the laundromat property's own plumbing, electrical and hot-water work. Regional housing age cannot substantiate the condition of the leased space or support a representation that nearby homes lack washers.
Sources: ACS 2020–2024, Census CBP 2023, ZIP Business Patterns 2023 where shown, and BLS QCEW 2024. The linked geography extracts below reproduce the demographic comparisons. Read the methodology before using them in a transaction.
How does Scranton differ from its surrounding metro?
| Measure | Scranton | Scranton--Wilkes-Barre, PA Metro Area |
|---|---|---|
| Population estimate | 76,033 | 569,788 |
| Renter-household share | 50.1% | 32.6% |
| Median household income | $50,739 | $65,158 |
| CBP 2023 employer establishments | Not measured at city level by this table | 12 |
Source: ACS 2020–2024 and Census CBP 2023, NAICS 812310. Scranton's renter share differs from the metro by 17.5 percentage points. Disclose which boundary supports each figure in your memorandum. Label both in a sale package so a buyer does not mistake a regional count for competitors around your address.
Which housing facts belong in a Scranton, PA sale package?
| Housing measure | Scranton, PA |
|---|---|
| Housing units | 35,512 |
| Units in buildings with at least five units | 15.3% |
| Units in buildings with two to four units | 25.2% |
| Units built before 1980 | 87.5% |
| Renter households without a vehicle | 24.0% |
| Median gross monthly rent | $1,048 |
Source: ACS 2020–2024, tables B25024, B25034, B25044 and B25064. For a Scranton, PA buyer, these figures raise specific questions about your customer catchment. Pair them with anonymized customer origins and observed visits before making a demand claim.
How should Pennsylvania payroll benchmarks be disclosed?
| BLS QCEW 2024 measure | Pennsylvania |
|---|---|
| Covered NAICS 812310 establishments | 2 |
| Average weekly wage per covered employee | Not published |
| Establishment location quotient | Not calculated for combined counties |
| Change in establishments from prior year | +0 |
Source: BLS QCEW 2024 annual averages, NAICS 812310, private ownership. Wage coverage: 0 of 1 counties; the remainder are not included in the wage average. A buyer of a store in Pennsylvania needs your hours, roles, pay rates and employer costs. This industry average combines different jobs and working hours, so it cannot validate a payroll add-back or an unattended-store saving.
Which Pennsylvania utility evidence should be ready?
Pennsylvania's 2024 all-sector average retail electricity price was 12.51 cents per kWh (Source: EIA State Electricity Profiles, 2024). Keep this statewide average separate from the property's commercial tariff and effective billed rate. Provide original electric, gas, water and sewer bills and the service-address tariff before discussing utility savings.
Related seller markets in Pennsylvania
Cities can share county or metro statistics. Compare the city household and housing tables before treating the pages as independent market observations.
What should a Scranton, PA seller prepare next?
| Seller decision | Evidence to assemble |
|---|---|
| Asking price | Reconcile tax returns, deposits, card settlements and collection records |
| Transferable lease | Obtain the signed lease, options, landlord-consent terms and infrastructure responsibilities |
| Equipment adjustment | Record models, age, repair history and installed replacement quotes |
| Confidential disclosure | Approve a blind summary and qualify buyers before releasing identifying records |
Start with the seller document checklist and confidential sale process. Local zoning, use, fire, plumbing, accessibility, tax clearance and brokerage requirements depend on the address and transaction. This page has not verified a permit status, local tariff, legal exemption or broker license. Check the responsible authority with counsel before representing a conclusion to a buyer.
The Next Step If You Are Thinking About Selling
Frequently Asked Questions
What is my Scranton, PA laundromat worth?
No verified Scranton, PA closed-sale sample is published on this page. Value requires normalized earnings, a transferable lease, equipment condition and relevant completed transactions. Use the local data to describe the surrounding population, not to manufacture a local multiple or justify an asking price.
Does Scranton, PA's renter share prove demand for my store?
The ACS estimate is 50.1% for this geography (Source: ACS 2020–2024). It does not measure in-unit laundry, building laundry rooms or your customers. Revenue records and a specific catchment survey are needed before claiming that renter households support your store's volume.
Can I list a Scranton, PA store without revealing its identity?
An initial summary can omit the name, address and other identifying details. Approve disclosures before distribution, screen buyers and use an NDA before releasing sensitive records. Small-market descriptions can still identify a business, so a confidentiality process reduces exposure but cannot promise secrecy.
What local facts are still unverified in Scranton, PA?
The research does not establish a property's permit status, utility tariff, current transfer-tax treatment or the parties' licensing requirements. Obtain the property file and current guidance from the responsible agencies. Employer counts and ACS estimates are dated context and cannot substitute for those records.
Sources
- Census Reporter, ACS 2020–2024 place/state estimates and margins of error — https://api.censusreporter.org/1.0/data/show/acs2024_5yr?table_ids=B01003,B25003,B19013&geo_ids=16000US4269000
- Census Reporter, ACS 2020–2024 housing characteristics — https://api.censusreporter.org/1.0/data/show/acs2024_5yr?table_ids=B25024,B25034,B25044,B25064&geo_ids=16000US4269000
- U.S. Census Bureau, County Business Patterns 2023 — https://www.census.gov/data/datasets/2023/econ/cbp/2023-cbp.html
- BLS QCEW, 2024 annual averages, NAICS 812310 — https://data.bls.gov/cew/data/api/2024/a/industry/812310.csv
- Census, 2022 NAICS 812310 definition — https://www.census.gov/naics/?input=812310&year=2022&details=812310
- Census Reporter, ACS 2020–2024 Scranton--Wilkes-Barre, PA Metro Area — https://api.censusreporter.org/1.0/data/show/acs2024_5yr?table_ids=B01003,B25003,B19013&geo_ids=31000US42540
- Pennsylvania American Water, Current rates introduction and wastewater tariff link; reviewed 2026-09-25 — https://www.amwater.com/paaw/rates
- Pennsylvania American Water, Supplement 69; printed page 12.1, PDF page 28; Rate Zone 2a combined sewer system, Scranton Sewer; reviewed 2026-09-25 — https://www.amwater.com/paaw/Resources/PDF/Rates/Pennsylvania%20American%20Water%20Wastewater%20Tariff.pdf
- Census Reporter, ACS 2020–2024 comparison geography Camden, NJ — https://api.censusreporter.org/1.0/data/show/acs2024_5yr?table_ids=B25003,B25024,B25034,B25044,B25064&geo_ids=16000US3410000
- EIA, State Electricity Profiles 2024 — https://www.eia.gov/electricity/state/
This page is general information about laundromat transactions, not legal, tax, or investment advice, and not a guarantee of sale price, timing, or financing approval. Verify current rules with your own CPA, attorney, lender, and the relevant state or municipal agency before acting.