HomeSOLD – Established & Profitable Neighborhood Laundromat in Baltimore, Maryland

SOLD – Established & Profitable Neighborhood Laundromat in Baltimore, Maryland

  • Business Type: Drycleaning/Laundry Services
  • Asking Price: 95000.00
  • Gross Revenue: 104000.00
  • Cash Flow: 35000.00
  • FF&E Value: 100000.00
  • FF&E Included in Sale: Yes
  • Inventory Value: 500.00
  • Inventory Included in Sale: Yes
  • Real Estate Value: $
  • Real Estate Included in Sale: No
  • State: Maryland
  • City/County: Baltimore
  • Year Established: 2002
  • Employees:
  • Listing Number: HZ495AH
  • Listing Broker: Alan Horn
  • Broker Contact: 240-394-5089
  • Broker Email: alan@horizonbrokers.com
  • Business Summary: Great opportunity to own an established laundromat in a large shopping center in Baltimore, Maryland. The business occupies a bright corner location with lots of free parking. The area is densely populated with many apartments and homes nearby and located just off I-95 with great visibility and access. The business has served the community for many years with lots of loyal customers.

    The 1400 square foot space is leased for $2800/month (including NNN). There are 22 washers and 23 dryers onsite. There is no water bill as water is included in the monthly rent as well, but this should be confirmed with the lease assignment. This business is suitable to be run as an unattended laundromat.

  • Description of Facilities: The 1400 square foot space is leased for $2800/month (including NNN). There are 22 washers and 23 dryers onsite.
  • Competition: There is standard competition for the industry and market.
  • Growth & Expansion: There is room to grow and expand the business.
  • Seller Financing Available: Yes
  • Seller Financing Terms: Seller is willing to provide financing based on the final purchase price, terms and qualifications of the buyer.
  • 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.
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Great opportunity to own an established laundromat in a large shopping center in Baltimore, Maryland. The business occupies a bright corner location with lots of free parking. The area is densely populated with many apartments and homes nearby and located just off I-95 with great visibility and access. The business has served the community for many years with lots of loyal customers.
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