Neighborhood Laundromat - 27852

Prince George's County, MD
Prince George's County

Asking Price: Annual Revenue:
$185,000 $216,000

Services: Dry Cleaning & Laundry

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RE: Neighborhood Laundromat - 27852 Broker: Nicholas Amandos

Quick Facts

Asking Price: $185,000
Annual Revenue: $216,000
Net Profit: Not Disclosed
Cash Flow: $60,000
Total Debt: Not Disclosed
FF&E: $2,500
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 36814447
Broker Reference #: 27852

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Business Overview:

This busy neighborhood Laundromat offers multiple sources of cash revenue in a thriving shopping center, located in a busy Maryland suburb of DC. Parking is ample. The nearest coin laundry competitor is miles away. The attractive long term lease on this 3000 sq ft location runs through 2020 with an option to renew. Business grosses over 200,000 with a cash flow of over 60,000 completely absentee.This is a great opportunity for the right person, someone who does not want to work too hard for a healthy income. Please call us for further information.

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Reason for Selling:

Selling due to other business pursuits.

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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