HomeEstablished & Profitable Laundromat in Anne Arundel County, Maryland

Established & Profitable Laundromat in Anne Arundel County, Maryland

  • Business Type: Drycleaning/Laundry Services
  • Asking Price: 550000.00
  • Gross Revenue: 429670.00
  • Cash Flow: 118000.00
  • FF&E Value: 250000.00
  • FF&E Included in Sale: Yes
  • Inventory Value: 1000.00
  • Inventory Included in Sale: No
  • Real Estate Value: $
  • Real Estate Included in Sale: No
  • State: Maryland
  • City/County: Annapolis
  • Year Established: 2004
  • Employees: 7
  • Listing Number: HZ516AH
  • Listing Broker: Alan Horn
  • Broker Contact: 240-394-5089
  • Broker Email: alan@horizonbrokers.com
  • Business Summary: Rare gem of a laundromat in Anne Arundel County, Maryland with near new machines from top of the line brands, Huebsch and Dexter. The business is situated in clean and well-maintained strip center in close proximity to a major thoroughfare. This is an ideal location for a laundromat as it's a shopping and services destination along side other national brand retail. The location is commonly bustling with activity and sees a significant amount of daily vehicle and pedestrian traffic. The business is well-run with solid financials and loyal customers (both established self-service and drop off and pick up/delivery clients).

    The owner has decided it's time to retire after many successful years of running the business. The laundromat has an excellent reputation in the community and this goodwill was built up by many years of hard work. Please contact us today to learn more as we don't expect this opportunity to last long!
  • Description of Facilities: The 2,241 sq ft facility is situated in clean and well-maintained strip center in close proximity to a major thoroughfare. The monthly lease is $4,300 (including NNN) and the current lease runs through June of 2024. The location is ideal for a laundromat as it's a shopping and services destination along side other national brand retail.

    Here is a summary of all laundry equipment on site:
    34 Washers & 37 Dryers in total
    Dexter (15) 20Lb Washers
    Huebsch (14) 30Lb Washers
    Huebsch (4) 60Lb Washers
    Dexter (1) 80Lb Washer
    Dexter (2) 50Lb Stack Dryers (4 Total Pockets)
    Huebsch (3) 45Lb Stack Dryers (6 Total Pockets)
    Continental (9) 30Lb Stack Dryers (18 Total Pockets)
  • Competition: There is standard competition for the industry and market.
  • Growth & Expansion: There is room for growth and expansion through a number of avenues.
  • Seller Financing Available: No
  • Seller Financing Terms: N/A.
  • Reason For Sale: Owner is retiring.
  • Seller Support & Training: Seller will provide necessary training and support.
  • 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.
  • Download:

Rare gem of a laundromat in Anne Arundel County, Maryland with near new machines from top of the line brands, Huebsch and Dexter. The business is situated in clean and well-maintained strip center in close proximity to a major thoroughfare. This is an ideal location for a laundromat as it’s a shopping and services destination along side other national brand retail. The business is well-run with solid financials and loyal customers (both established self-service and drop off and pick up/delivery clients).
Share listing on:
Back to Results Start a New Search

Contact Form