LISTING DETAILS
Listing Status: Available
Asking Price: $995,000
Real Estate Asking Price: N/A
Inventory: $500
FFE Included in Sale: Yes
Year Established: 2021
Description
Business Summary:
Fantastic opportunity to own a recently built laundromat in 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 owner is willing to provide financing to qualified buyers with a down payment of as little as $150,000.
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.
Description of Facilities: Recently built (2021) 4000 square foot coin laundromat facility located in a shopping center on a prominent thoroughfare in Baltimore, Maryland. The site was carefully chosen for the ideal demographics for a laundromat.
Competition: There is standard competition for the industry and market.
Growth & Expansion: The business has recently been built out, so there's no limit to what a new owner could do when owning and operating the laundromat.
Seller Financing Available: Yes
Seller Financing Terms: The owner is willing to provide financing to qualified buyers with a down payment of as little as $150,000.
For more information on this listing, please complete our Non-Disclosure Agreement
