Established Coin/Card Laundromat Near College Park – Owner Operator
Share on Facebook 
Post to X 
Share on LinkedIn 
Share on Reddit Business Description
Established laundromat for sale in College Park, Maryland. The business includes Speed Queen commercial washers and dryers, SpyderWash digital payment system installed on all machines, folding tables, laundry carts, signage, customer area, and related fixtures/equipment.
The store generated approximately $190,000 in total income last year based on SpyderWash reporting, with seller-prepared cash flow/SDE of approximately $73,753.
Growth opportunities include wash-and-fold, pickup and delivery, commercial laundry accounts, vending, local marketing, loyalty promotions, and pricing optimization using SpyderWash reporting.
Seller will provide transition training after closing. Detailed financials, lease information, and equipment list available to qualified buyers after NDA and proof of funds or lender pre-approval.
The store generated approximately $190,000 in total income last year based on SpyderWash reporting, with seller-prepared cash flow/SDE of approximately $73,753.
Growth opportunities include wash-and-fold, pickup and delivery, commercial laundry accounts, vending, local marketing, loyalty promotions, and pricing optimization using SpyderWash reporting.
Seller will provide transition training after closing. Detailed financials, lease information, and equipment list available to qualified buyers after NDA and proof of funds or lender pre-approval.
About the Business
- Years in Operation
- 7
- Employees
- 3 Part-time
- Facilities & Assets
- The business operates from a leased retail laundromat facility in Prince Georges County, Maryland. Assets include Speed Queen commercial washers and dryers, SpyderWash digital payment system installed across the machine base, folding tables, laundry carts, customer seating/waiting area, signage, utility connections, and related laundromat fixtures and equipment. Real estate is leased and not included in the sale. Final asset list to be provided to qualified buyers during due diligence.
- Market Outlook / Competition
- College Park is a strong local market with a mix of renters, students, working professionals, multifamily housing, and nearby residential communities that create ongoing demand for laundromat services. The business serves a practical daily-need customer base and benefits from being in an established neighborhood market.
- Opportunities for Growth
- The business has multiple growth opportunities for a new owner-operator or experienced laundromat operator. Potential expansion areas include increasing wash-and-fold service, adding pickup and delivery, building commercial laundry accounts, improving Google and local marketing, adding loyalty promotions, optimizing washer/dryer pricing, increasing vending revenue, and partnering with nearby apartments, student housing, salons, gyms, Airbnb/short-term rental operators, and small businesses.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,000
- Rent
- $2,416.00 per month
- Lease Expiration
- 12/31/2035
About the Sale
- Seller Motivation
- Moving out of the area
- Transition Support
- Seller will provide 2 weeks of training and transition support after closing, including operations, SpyderWash system overview, vendor contacts, staffing workflow, supply ordering, and basic equipment troubleshooting. Additional support may be negotiated.
Listing Info
- ID
- 2512897
- Listing Views
Attached DocumentsAttachment Disclaimer
Listing ID: 2512897 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleMaryland Businesses for SaleMaryland Personal Product & Service Businesses for SaleMaryland Coin Laundry & Laundromat Businesses for Sale
Similar Listings
