Well-Known Laundromat in Anne Arundel County, MD!

Not Disclosed, MD
Anne Arundel County


Asking Price: Annual Revenue:
$95,000 $100,000

Services: Dry Cleaning & Laundry


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RE: Well-Known Laundromat in Anne Arundel County, MD! Broker: Alan Horn

Quick Facts

Asking Price: $95,000
Annual Revenue: $100,000
Net Profit: Not Disclosed
Cash Flow: $37,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1995
Employees: Not Disclosed
BBN Listing #: 193832377
Broker Reference #: HZ489AH

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Business Overview:

Great opportunity to take over an established neighborhood laundromat that's located in Anne Arundel County, Maryland. The laundromat occupies roughly 1950 square feet of space and is situated in a small retail strip center. The rent is reasonable at $2,837/month (including NNN) and the lease runs through late 2022.

There are 20 Washers and 12 dryers on site. There are 4 other top load washers that are out of service and sold "as is." The equipment is top of the line Dexter brand and has been well-maintained. The laundromat is popular in the community and has a great reputation in the area which is backed up by countless positive online reviews. Don't miss this chance to buy a turn-key laundromat with a loyal customer base.

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Property Features and Assets:

The laundromat occupies roughly 1,950 square feet of space and is situated in a small retail strip center with ample parking. The rent is reasonable at $2,837/month (including NNN) and the lease expires in late 2022.

Market Competition and Expansion:

Competition: There is limited competition in around the business. There is one other laundromat about a mile away, but aren't any others in the immediate area. Growth & Expansion: A new owner could expand services and hours or grow the wash 'n fold business.

Reason for Selling:

Owner is retiring.

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.

Relevant Links:

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