SOLD – Established Laundromat with Real Estate in Washington County, Maryland
Business Type:
Drycleaning/Laundry Services
Asking Price: 240000.00
Gross Revenue:
60000.00
Cash Flow:
FF&E Value:
FF&E Included in Sale: Yes
Inventory Value:
Inventory Included in Sale: Yes
Real Estate Value: $
Real Estate Included in Sale: Yes
State: Maryland
City/County: Williamsport
Year Established: 1960
Employees: 2
Listing Number: HZ455AH
Listing Broker: Alan Horn
Broker Contact:
240-394-5089
Broker Email:
alan@horizonbrokers.com
Business Summary:
Great opportunity to take over an established community laundromat with real estate located in Williamsport, Maryland. The laundromat occupies roughly 1000 square feet of space and is situated in a standalone building with plenty of parking. The laundromat has been in operation since 1960 and is the only laundromat in town. There is a part-time attendant on premise about four hours each day.
There are 26 Washers and 8x2 (16) stack dryers on site. The laundromat is popular with local residents as well as C&O Canal Trail travelers. Don't miss this chance to buy a turn-key laundromat with plenty of opportunity to improve operations, expand services, and grow the business!
Description of Facilities:
The laundromat occupies roughly 1000 square feet of space and is situated in a standalone building with plenty of parking.
Competition:
This is the only laundromat in a relatively small town so there is no real competition.
Growth & Expansion:
There is opportunity for growth with the addition of more attended hours by an owner/operator or employee and by adding wash 'n fold service.
Seller Financing Available:
No
Seller Financing Terms:
N/A.
Reason For Sale:
Owner is retiring.
Seller Support & Training:
Owner will provide training and support to transition the business to the next owner.
Get More Information:
To learn more about this business including the name, location, and financial information please complete and return our Buyers Package, which can also be downloaded here, and returned to us at admin@horizonbrokers.com.
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Great opportunity to take over an established community laundromat with real estate located in Williamsport, Maryland. The laundromat occupies roughly 1000 square feet of space and is situated in a standalone building with plenty of parking.