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Laundromat Now For Sale
Location: United States -> Maryland -> Laurel
Industry: Business Services > Laundry



Business Summary

We are located in a busy strip mall in Laurel, across from Contee Road.
Store Address: 13318 Laurel-Bowie Rd., Laurel, MD 20708

Current Lease: 5-year lease with two additional 5-year options

Weekly Earnings: $8000 (+/-)
Rent: $5000 monthly
Water Bill: $3500 monthly
Gas and Electric Bill: $1000 (+/-) monthly
Insurance Bill: $300 monthly
Garbage Disposal: $100 monthly
Phone, TV, and Internet Service: $180 monthly
Alarm Services: $150 monthly
Repair Costs: $300 monthly

*totals are estimated

Financials
Asking Price Range:  $500K - $1.0M
Gross Revenues:   $8,000
Cash Flow:   $11,000
Cash Flow Type:  EBITDA
Inventory:  Washers and dryers are mostly 6 years old
Seller Financing:  Yes

About The Business
Year Established:  2009
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale
Management Training and Support:  Training available if needed
Reason For Selling:  Other business

Photos

View Larger Photo(s) Of Business
Laundromat Now For Sale Photo 1 Laundromat Now For Sale Photo 2




Print Listing Id: 700239280


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Also See: Franchise Opportunities > Franchise Resales > Maryland Businesses For Sale > Maryland Franchises For Sale > Maryland Business Brokers



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