Laundromat for Sale in Prince George's County, MD
Business Description
Established Laundromat Business Opportunity - Prince George's County, Maryland
This well-established coin laundry operation presents an exceptional investment opportunity in the stable and recession-resistant laundromat industry. The business has demonstrated consistent performance with a proven track record of generating substantial revenue and strong cash flow.
Facility Overview:
The operation features a comprehensive equipment portfolio consisting of 50 commercial washing machines and 47 dryers, housed within a strategically located 3,400 square foot facility. This equipment configuration provides optimal capacity to serve high-volume customer demand while maintaining efficient operational flow.
Financial Performance:
The business generates gross annual sales of $650,000, demonstrating strong market penetration and customer loyalty. With an owner's net income of $300,000, the operation maintains healthy profit margins typical of well-managed laundromat businesses. The monthly lease obligation of $8,648 represents a reasonable occupancy cost relative to revenue generation.
Location Advantages:
Situated in an excellent location within Prince George's County, the facility benefits from favorable demographics and accessibility that drive consistent customer traffic. The strategic positioning contributes significantly to the business's sustained revenue performance.
Investment Highlights:
• Turnkey operation with established customer base
• Substantial equipment inventory providing immediate operational capacity
• Strong financial performance with documented revenue history
• Recession-resistant business model with consistent cash flow
• Prime location ensuring continued market presence
The owner is divesting due to other business interests, creating an opportunity for qualified investors to acquire a profitable, fully operational laundromat business. The asking price of $1,399,000 reflects the substantial asset base, established market position, and proven earning potential of this enterprise.
This investment opportunity offers immediate cash flow generation with potential for continued growth under dedicated ownership and management.
This well-established coin laundry operation presents an exceptional investment opportunity in the stable and recession-resistant laundromat industry. The business has demonstrated consistent performance with a proven track record of generating substantial revenue and strong cash flow.
Facility Overview:
The operation features a comprehensive equipment portfolio consisting of 50 commercial washing machines and 47 dryers, housed within a strategically located 3,400 square foot facility. This equipment configuration provides optimal capacity to serve high-volume customer demand while maintaining efficient operational flow.
Financial Performance:
The business generates gross annual sales of $650,000, demonstrating strong market penetration and customer loyalty. With an owner's net income of $300,000, the operation maintains healthy profit margins typical of well-managed laundromat businesses. The monthly lease obligation of $8,648 represents a reasonable occupancy cost relative to revenue generation.
Location Advantages:
Situated in an excellent location within Prince George's County, the facility benefits from favorable demographics and accessibility that drive consistent customer traffic. The strategic positioning contributes significantly to the business's sustained revenue performance.
Investment Highlights:
• Turnkey operation with established customer base
• Substantial equipment inventory providing immediate operational capacity
• Strong financial performance with documented revenue history
• Recession-resistant business model with consistent cash flow
• Prime location ensuring continued market presence
The owner is divesting due to other business interests, creating an opportunity for qualified investors to acquire a profitable, fully operational laundromat business. The asking price of $1,399,000 reflects the substantial asset base, established market position, and proven earning potential of this enterprise.
This investment opportunity offers immediate cash flow generation with potential for continued growth under dedicated ownership and management.
Listing Info
- ID
- 2538312
- Listing Views
Listing ID: 2538312 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.
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