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Coin operated laundromat - a simple business to run

Baltimore, Maryland (Baltimore County)

Services - Drycleaning/Laundry | Services - Other Personal Services

Asking Price $140,000 Inventory $1500** 
Gross Income Not Disclosed Real Estate  
Cash Flow Not Disclosed Year Established 2003
FF&E $120,000* Employees 1 pt

* included in the asking price

** not included in the asking price

This business has been opened less than 5 years and is located in a shopping center with plenty of parking. There are 23 washers and 23 gas dryers. Twelve 24 pound washers, Eight 35 pound washers, Three 50 pound washers. This is a great business that is not complex and does not require the individual to be on location 24-7, to maintain control of the business. This business would do well if there was "hands on" business owner.

Facilities: 1400 square foot building with 3 years left on lease and 1 five year option. Rent is $2470 per month and includes water.

Growth/Expansion: This business could easily expand with a hands on owner. One could increase the bottom line by adding wash and fold as well as picking up contracts to provide laundry services.

Support/Training: Two weeks

Reason Selling: Owner lives too far away from the business

Business For Sale By

Sondra Yarbrough

301-758-8128

Baltimore Washington Buisness Brokerage LLC

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Contact the seller about this Coin operated laundromat - a simple business to run

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