Newly Built Laundromat Near Baltimore, Maryland
Not Disclosed, MD Baltimore County
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- RE: Newly Built Laundromat Near Baltimore, Maryland
- Contact: Alan Horn
Quick Facts
| Asking Price: | $695,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $900,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2021 | |
| Employees: | 2 | |
| BBN Listing #: | 209132377 | |
| Broker Reference #: | HZ488AH |
Business Overview:
Motivated seller. Make your highest and best offer. All offers considered and must be submitted by September 27th 2024. This is a tremendous opportunity with the FF&E alone being valued at $900,000 and full start-up cost with build out was over $1.2 million.
Fantastic opportunity to own a recently built laundromat near Baltimore, Maryland. The concept is completely turnkey and ready for a new owner. The location was carefully chosen as the demographics and area needs are ideal for a laundry facility.
The space is bright, with a clean design/layout and the parking lot has ample spaces with good lighting. The location is safe and inviting and surrounded by complimentary businesses. The 42 washers and 26 dryers are all state of the art and energy efficient Dexter equipment.
All advance work is completed including demographic profile, site selection and prep, construction build out, equipment selection and installation with new electrical, new HVAC, new ductwork, new hot water heater, new holding tank, new lighting, new ceiling, new trim, new paint, new alarm system/CCTV, new vending machines, new credit card/token changer, new carts and accessories. This facility is ready for a new or experienced operator. Expand your current laundry enterprise with this new location or get started with a new state of the art laundry center.
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Property Features and Assets:
Recently built 4,000 square foot coin laundromat facility located in a shopping center on a prominent thoroughfare near Baltimore, MD. The site was carefully chosen for the ideal demographics for a laundromat.
Market Competition and Expansion:
Competition: There is standard competition for the industry and market. Growth & Expansion: The business has only been established for several months, so there's no limit to what a new owner could do when owning and operating the laundromat.
Reason for Selling:
Owner looking to pursue other business interests.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
Documents:
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