Seller's Contact Information

  • RE:  Coin Laundromat In Frederick County MD
  • Contact:  Erik Woodworth
Listing Update!
Update: Coin Laundromat In Frederick County MD is no longer available. We’ve included some similar active listings below that you may be interested in. You can also explore similar listings in the Services: Dry Cleaning & Laundry Industry.

Business Overview:

Profitable and growing laundromat / coin laundry in Frederick County. Easily reachable from Baltimore or DC area. Staff in place. Opportunity to grow wash-and-fold business. Includes regular commercial clients. Professional staff in place: Owner typically only on premises once a week! Call soon as this one won't last long! Buyers must be well-qualified. Serious inquiries only.

Property Features and Assets:

Monthly Rent:$4,100.00 Square Units (Foot, Meter):1,410 Lease Expiration Date:April 29, 2023

Reason for Selling:

Health issues

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Relevant Links:

Listing Update!

Update: Coin Laundromat In Frederick County MD is no longer available. We’ve included some similar active listings below that you may be interested in. You can also explore similar listings in the Services: Dry Cleaning & Laundry Industry. You may also be interested in signing up for Email Alerts for listings that match your search criteria.

Similar Active Listings That May Interest You:

Asking Price: $769,000

Self- and Full-Service Laundry: Out of State Owner

Williston, ND
Williams County

Strategically located in Williston, ND, which is a temporary home for over 100,000 laborers who migrate to the region for work in the agriculture, fields, and energy industries, and reside in temporary homes who need the access to do laundry. This 3,600 sq ft facility offers self-service laundry, shower facilities and drop-off services where employees will wash, dry and fold laundry for the customer. The owner lives out of state and only visits a few times a year. The business has 1 general manager along with 4-5 laundry techs. This spacious laundromat was established in 2012 and competition in the area is very low. The pay-per-load machines utilize a card service as opposed to cash and coin which is much more secure and safe, especially for the out of-state owner. Included in the purchase price is over $474,000 in hard assets. An SBA lender has pre-approved this deal structure. North Dakota is ranked 2nd, after Texas, as the highest oil producing state. Due to this fact, many oil companies will send swathes of contractors to this area and this business is noted as a preferred laundromat for their employees. Priced at $769,000, a 15% down payment of $115,350returns $108,294 in the first year after debt payments! Plus, the owner is offering a 10% promissory note and 6 months of training, as a sign of good faith. This activity has brought the business to a 41% profit margin. A new owner could boost revenue by offering starching and dry-cleaning services or by offering pick up services in the area and nearby towns.

Cash Flow $213,170
Revenue $519,267
$ Owner Financing Available

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