Listing Expired

Business For Sale

Services: Dry Cleaning & Laundry

Profitable Laundromat with Side Income!

Not Disclosed, MD

Asking Price: Annual Revenue:
$200,000 $168,000

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!

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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.

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Contact the Seller

RE: Profitable Laundromat with Side Income! Broker: Omar Alhariri Global Business Brokerage, LLC.
Owner Financing is Available!
Up to 25% owner financing is available

Quick Facts

Asking Price: $200,000
Annual Revenue: $168,000
Net Profit: Not Disclosed
Cash Flow: $96,000
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 1964
Employees: 3
Listing Number: 732722954

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