Profitable Laundromat With Side Income
Location Maryland,United States
Asking Price Range < $250K
Gross Revenues $168000
Net Profit / Cash Flow $96000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1964
Number of Employees 1 - 3
Inventory 100000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks training.
Reason for Sale Long commute/family reasons.
Description A well established free standing laundromat building that comes with plenty of parking. All machines operate smoothly. There are 23 washers & 20 dryers. Models being used are Dexter & Speed Queen models. Laundromat also has other sources of income such as snack vending machines, soda & energy drinks, soap vending machines. This is a very nice looking laundromat with drop off service that comes with 2 flat screen TV's as well as a security system. Don't miss it!
A well laid out 2,800 sq/ft laundromat facility. Equipment are in excellent condition. Total rent: $1,922/mo including all pass thru charges. 5 years left on current lease.
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