Did you know that BusinessBroker.net provides a large Franchise & Business Opportunity Directory that allows our users to search through hundreds of full color web brochures and to request free additional information via email? Visit our Franchise Directory today or take a look at our Featured Franchise & Business Opportunities. Buy a franchise today!

Business For Sale

Laundromat **REDUCED**

Montgomery County, MD, USA

Services: Dry Cleaning & Laundry

Owner Financing is Available
Owner is willing to finance 50% of this transaction.
Asking Price:
Year Established:
Employees:
Listing Number:
$300,000
Not Disclosed
0
647727200
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$480,000
$150,000
Not Disclosed
Not Disclosed

Business for Sale Overview:

This is the laundromat you have been looking for! Located near apartment buildings and on a main road, this laundromat is a money maker! Monthly Payroll: 3000. Lease: 3360 + 460 CAM with 9 year lease. Utilities: Water is 5000/month, Gas is 4000/month, Electric is 1000/month, Other: 1000/month. Building Size: 3200 sq ft. 2 Employees. Store Hours: 7 to 10:30 7 days Machine sales: $29,000/month. Wash dry and fold service $4000/month. Soap and inventory $4000/month. Phone Cards Gross $8,000/month at 20% profit. Size of Building- 1,600 sq feet upstairs/1,600 sq feet storage downstairs Water Heater is only 3 years old! 1 Wall Mounted Change Machine w/ 2 bill changers Washers both Speed Queen and Wascomat/ Washers & Dryers all excellent condition, average age is 5 years old. 26 dryers. 16 of them are 7 years old Speed Queens. The remaining 10 dryers are 5 years old. They are also Speed Queens. 7, 20 lbs. Speed Queen Washers are 5 years old. 3 Speed Queen washers are 30 lbs. and they were purchased 3 years ago. 6, 30 lbs. washers are Washcomats, 10 years old. 2, 40 lbs Speed Queen washers are 3 years old. Water heater is only 2 years old. Water tank is 3 months old. Expansion tank was newly installed in 2008.

For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Contact the Seller:

To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.

Additional Information

Laundromat **REDUCED**
Business Listed By:
Liberty Business Brokerage
Liberty Business Brokerage
contact the seller
Good Business at a Great Price
Franchises That May Interest You!
Have you ever wanted to be your own boss? Now there is an opportunity to own a winning franchise in a protected market!
Interface franchisees provide short term working capital for small business through an innovative and proven invoice discounting program. The Interface franchise puts capital to work not franchisees.

 

Please Note: The Business for Sale listings, including any franchise opportunities, business opportunities, and franchises for sale advertised on this web site are not to be considered an "offering" or purchase recommendation by BusinessBroker.net. The individual content of these business for sale listings are submitted to us by business owners, representing business brokers, or other intermediaries and we rely entirely on the accuracy of the information they provide. BusinessBroker.net recommends seeking the advice of a lawyer, financial consultant or accountant before purchasing a franchise opportunity, business for sale, business opportunity, or franchise for sale. Part of the BusinessBroker.net Network. Please review our full Disclaimer for more details.