HomeSOLD – Well-Known Neighborhood Laundromat in Anne Arundel County, Maryland

SOLD – Well-Known Neighborhood Laundromat in Anne Arundel County, Maryland

  • Business Type: Drycleaning/Laundry Services
  • Asking Price: 95000.00
  • Gross Revenue: 100000.00
  • Cash Flow: 37000.00
  • FF&E Value:
  • FF&E Included in Sale: Yes
  • Inventory Value:
  • Inventory Included in Sale: No
  • Real Estate Value: $
  • Real Estate Included in Sale: No
  • State: Maryland
  • City/County: Anne Arundel
  • Year Established: 1995
  • Employees:
  • Listing Number: HZ489AH
  • Listing Broker: Alan Horn
  • Broker Contact: 240-394-5089
  • Broker Email: alan@horizonbrokers.com
  • Business Summary: Great opportunity to take over an established neighborhood laundromat that's located in Anne Arundel County, Maryland. The laundromat occupies roughly 1950 square feet of space and is situated in a small retail strip center. The rent is reasonable at $2837/month (including NNN) and the lease runs through late 2022.

    There are 20 Washers and 12 dryers on site. There are 4 other top load washers that are out of service and sold "as is." The equipment is top of the line Dexter brand and has been well-maintained. The laundromat is popular in the community and has a great reputation in the area which is backed up by countless positive online reviews. Don't miss this chance to buy a turn-key laundromat with a loyal customer base.

  • Description of Facilities: The laundromat occupies roughly 1950 square feet of space and is situated in a small retail strip center with ample parking. The rent is reasonable at $2837/month (including NNN) and the lease expires in late 2022.
  • Competition: There is limited competition in around the business. There is one other laundromat about a mile away, but aren't any others in the immediate area.
  • Growth & Expansion: A new owner could expand services and hours or grow the wash 'n fold business.
  • Seller Financing Available: No
  • Seller Financing Terms:
  • Reason For Sale: Owner is retiring.
  • Seller Support & Training: Seller 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 neighborhood laundromat that’s located in Anne Arundel County, Maryland. The laundromat occupies roughly 1500 square feet of space and is situated in a small retail strip center. The rent is reasonable at $2100/month and the Dexter equipment has been well-maintained.
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