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Business For Sale

Profitable Laundromat with Side Income!

Not Disclosed, MD

Services: Dry Cleaning & Laundry

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$200,000
$168,000
Not Disclosed
$96,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
$100,000
Not Disclosed
1964
3
732722954
Owner Financing is Available!
Up to 25% owner financing is available

Business Overview:

A well established free standing laundromat building that comes with plenty of parking. All machines operate smoothly. There are 23 washers & 20 dryers. Models being used are Dexter & Speed Queen models. Laundromat also has other sources of income such as snack vending machines, soda & energy drinks, soap vending machines. This is a very nice looking laundromat with drop off service that comes with 2 flat screen TV's as well as a security system. Don't miss it!

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

Property Features and Assets:

A well laid out 2,800 sq/ft laundromat facility. Equipment are in excellent condition. Total rent: $1,922/mo including all pass thru charges. 5 years left on current lease.

Market Competition and Expansion:

Competition: Prime location on a very busy road. Growth/Expansion: Possible by doing marketing which the current owner is not currently doing. Also, adding lottery & phone cards as well.

Reason for Selling:

Long commute/Family reasons

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.