Large, Semi-Absentee Operated Laundromat

Riverdale, MD
Prince George's County


Asking Price: Annual Revenue:
$195,000 $269,000

Services: Dry Cleaning & Laundry


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RE: Large, Semi-Absentee Operated Laundromat Broker: Alan Horn

Quick Facts

Asking Price: $195,000
Annual Revenue: $269,000
Net Profit: Not Disclosed
Cash Flow: $36,000
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 1995
Employees: 3
BBN Listing #: 678132377
Broker Reference #: HZ451AH

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Business Overview:

Great opportunity to own a LARGE laundromat in Prince George's County, MD. The laundromat is ideally situated next to a grocery store and with several other complimentary businesses. The location is ideal as it is just off a major thoroughfare and near many apartment complexes/residential centers. The total space measures 4,300 square feet with 80+ washers and dryers on site!

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Property Features and Assets:

The laundromat is located in a large 4,300 square feet space with 80+ washers and dryers. The laundromat is ideally situated in a shopping center alongside several other complimentary businesses. The location is ideal as it is just off a major thoroughfare and near the intersection of another main artery.

Market Competition and Expansion:

Competition: There is standard competition for the industry and market. Growth & Expansion: The current set up supports growth and expansion. There are a large number of washers and dryers onsite. The owner currently works roughly 20 hours a week on a part time basis. A more active owner/operator might want to consider adding ancillary services like: check cashing, money transfer, phone sales, jewelry, and convenience store items.

Reason for Selling:

Please inquire with the broker.

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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