Laundromat

Laurel, MD (Howard County)

Laundromat
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Asking Price: Get Financing: $145,000

Cash Flow: $42,000

Gross Revenue: $132,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Laundromat

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Business Description

This beautiful and clean laundromat is located in a strip shopping center on an extremely busy highway accessible from TWO directions! Ample free parking. Monthly gross sales average about $11,500 per month. $10,000 is generated from the washers and dryers. Video games and the ATM machine generates about $1,000 per month. Wash dry and fold service generates about $500 per month. Rent is very reasonable at $4,180 (3% increase per year) for 2,200 square feet, and that amount includes cam charges! The attendant earns about $2,000 per month working 35 hours per week.This laundromat is open 9:30 a.m. to 7 p.m. seven days per week. Utility expense is very reasonable at $1,000 per month plus an additional $500 for water and sewage services.

Equipment: 30 Dexter washers - 22 stacked dexter dryers (42 units)

Note: This laundromat listing will begin selling Lottery by September 1st, 2018.

Price is firm.

No brokers please.

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(from currently available funds)
 
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David Peter

Business Listed By:
David Peter

Liberty Business Brokerage

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