**Price Reduced** Turnkey Laundromat for Sale in Essex

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Growing & Profitable Laundromat (Financing available)
Asking Price:

Gross Revenue:
Cash Flow:
(Seller's Discretionary Earnings)

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Business Description

Price reduced from $920 to $690,000!
Completely renovated laundromat for sale. Recent interior retooling and renovation with brand-new Huebsch 200g Galaxy 600 machines. Ideal location in Essex,MD with chain grocery anchor, excellent demographics and loyal customer base (8+ years). Washer controls display in both English and Spanish. Accepts both cash and credit card directly at the control for customer payment flexibility. Fully attended, drop-off service, turnkey operation.

About the Business

Real Estate:
Building Sq. Ft.:
$1.34 Per Month
This store has been completely renovated with top of the line energy efficient equipment and remote card system. Ownership involvement at this time is once a week to collect money from the card system.
Growth & Expansion:
Since store has been renovated, there has been no advertising or marketing effort at all and profit has still increased 26.08% organically. This increase will undoubtedly continue to maintain and increase into the following year without any involvement from the owner.

This location is fully attended and does not currently offer Wash Dry Fold Service. If owner involvement were to increase, marketing effort put into place and additional revenue sources instituted, growth will increase bottom line dramatically, thus allowing for quicker note pay off and quicker return on initial investment. The overall return on investment over the life of this equipment will therefore increase substantially.
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Listing Info

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Business Listed by

Yuri Kovalenko

Transworld Business Advisors of Baltimore

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U.S. Census Data for Baltimore County, MD



Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Baltimore County, MD


Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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