Established & Profitable Baltimore Laundromat


Attn: Moises Zuniga
Baltimore, Maryland
Listing Number: 1111






Asking Price: 125000
Industry: Established & Profitable Baltimore Laundromat
Reason for Selling: Other Interest
Year Established: 2003
# of Employees: 2
Yearly Revenues: 150,000
Yearly Net Profit: 52,000



Overview:
A tremendous opportunity for a new owner to step in and take over an well-known laundromat in Baltimore, Maryland. The business has been established for over 15 years and has excellent reviews . Located in a strip mall shopping center on a main thoroughfare. The space is approximately 2000 sq feet with 40 Washers and 30 Dryers. Competition: There is no standard competition for the industry and market, but this laundromat is a well-known and established business. There is a high density of apartments and renters enabling this laundromat to attract new customers. The business is located in a captive shopping center in center of neighborhood. Also provide wash and fold, pick up and delivery, dry cleaning drop getting 50% commission , Increase revenues would offering check cashing, money transfer, lottery, phone cards, etc.




Additional Details:
  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise opportunity.
  • This is not a distressed business or bankruptcy situation.