A tremendous opportunity for a new owner to step in and take over an established laundromat in Baltimore, Maryland. The business has been established for over 25 years, but is currently run on an absentee basis. The owner recently invested in upgrading the equipment to top of the line Dexter brand, so there are many years of remaining service life on laundry machines. The business is located in a small neighborhood shopping center off a major thoroughfare with a loyal customer base. Along with reasonable rent of $1600/month, there are good lease terms with many years remaining.
Perfect for an owner-operator or as part of a family business. There is an excellent demographic profile of neighborhood laundromat users that suggest many more years of dependable cash flow. Fresh eyes and contemporary marketing methods can take this solid business to the next level.
Seller Reference #HZ291AH
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