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Large, Semi Absentee Operated Laundromat In Prince George's County For Sale

Prince George's County, Maryland, US
Asking Price:
$195,000 Furniture / Fixtures included
Sales Revenue:
$269,000
Cash Flow:
$36,000

Great opportunity to own a Large laundromat in Prince George's County, MD. The laundromat is ideally situated next to a grocery store and with several other complimentary businesses. The location is ideal as it is just off a major thoroughfare and near many apartment complexes/residential centers. The total space measures 4300 sq ft with 80+ washers and dryers on site!

Property Information

Real Estate:

Lease

Location:

The laundromat is ideally situated in a shopping center alongside several other complimentary businesses. The location is ideal as it is just off a major thoroughfare and near the intersection of another main artery.

Premises Details:

The laundromat is located in a large 4300 sq ft space with 80+ washers and dryers.

Business Operation

Expansion Potential:

The current set up supports growth and expansion. There are a large number of washers and dryers onsite. The owner currently works roughly 20 hours a week on a part time basis. A more active owner/operator might want to consider adding ancillary services like: check cashing, money transfer, phone sales, jewelry, and convenience store items.

Competition / Market:

There is standard competition for the industry and market.

Reasons for selling:

Please inquire with the broker.

Trading hours:

Seller will provide necessary training and support.

Employees:
3
Years established:
26

Other Information

Furniture / Fixtures value:
$150,000 - included in the asking price

Contact Horizon Business Brokers, LLC

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