Downtown Laundromat in Great Location - 8816 Business Type: dry cleaning/ laundry services,laundromats
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $155,000 | Down Payment | $155,000 |
| Gross Revenues | $173,580 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $62,679 | Number of FT Employees | Register Free to View |
Financing
$155,000 Down and
Business Description
Downtown Laundromat in great location. Currently has many outside commercial clients and a great drop off business, but could be increased even more. Only community-based laundromat serving established community in Baltimore City. This is a great opportunity for an owner/operator to earn over $70,000 a year or a 40% ROI for savvy investor. 38 stainless steel, top-of-the line, Belgium-made, IPSO Washers and 30 IPSO Stack Dryers. Most equipment is less than 5 years old. 950 lb total capacity. Video Securtiy System, 2 TVs, Vending Machines, Website and new Change Machine all convey with sale.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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