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Asking Price$110,000
Revenue$180,000 Established1999
Cash FlowUndisclosed Employees2 full-time
FF&E$50,000* FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Great opportunity to own an established laundromat. The business is situated in a retail strip mall with national anchor stores on a major thoroughfare in Prince George's County. The business is currently run on an absentee basis with good lease terms with many years remaining.

Perfect for owner operator or as part of your family business. An excellent demographic profile of neighborhood laundromat users suggest many more years of dependable cash flow. Fresh eyes and contemporary marketing methods can take this solid business to the next level!
Facilities:Situated in a high density area of Prince George's County in a strip mall with major national anchors. The space is large with approximately 3000 sq ft with 47 washers and 35 dryers.
Competition:There is standard competition for the industry and market, but this laundromat is established and located on a major thoroughfare. The business does a good job attracting new customers along with building a loyal base of regulars.
Growth Potential:The large 3000 sq ft spcae can absorb dramatic increase in usage without pressure on available interior space or parking in this laundry. Adding services like wash and fold or pick up/delivery would be an easy way to see immediate growth. In addition to that, new services can be added to boost the revenue stream like check cashing, money transfer, lottery, phone cards, etc.
Training/Support:Seller will offer necessary training and support.
Seller Financing:Not available.
Sale Reason:Owner wants to pursue other interests.
Ad #92671
Seller Reference #HZ293AH
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Horizon Business Brokers, LLC
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