Business Overview:
Its situated in a nice residential neighborhood. That location draws many customers from boat owners, especially summer time. They provide wash & fold services to many businesses in the area.Furnace & boiler are in good condition. All equipment will be in good condition at settlement.
Gas & electricity: $1,000 per month.
Water: $1,000 per quarter. There are 26 washers & 17 dryers. 11 of the washers are just 33 months old. 1 big commercial Unimac washer, speed queen flatwork finisher, steam iron, 2 big pressing tables, 9 laundry carts, 3 T.V.'s, 3 vending machines, coin changer, chairs, and much more!
Monthly payroll: $1,280 per month for 1 Full Time employee. Hours of operation: Monday-Friday from 8am-8pm; Saturday & Sunday 8am-6pm. Owner works Part Time only! Great location! Great potential! 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 located laundromat within an upscale Baltimore harbor area. Its 3,660 square feet.
Rent: $3,200 per month. Current lease expires on 12/30/2014 with additional 5 years option to renew.
Market Competition and Expansion:
Competition: Only game in town!
Growth and Expansion: There is an on-going proposal to use a section of the laundromat as a satellite post office location.
Reason for Selling:
Owner is relocating
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.