UNDER THE CONTRACT , Good Condition Coin Laundromat - Business for Sale

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Coin Laundromat with Modern Equipment in Baltimore, MD

Baltimore, MD, US
Added 29 days ago
Laundromat / Laundry Service
10 years in business
Under ContractAbsentee / Semi-Absentee

Coin laundromat in Baltimore, MD with 5,000 sq ft facility, built in 2018, equipped with commercial washers and dryers, and currently operated absentee.

Key Information

Asking

$969K

Revenue

$430K

Earnings

$120K

Multiple

8.1x

Key Highlights

  • Business was established 10 years ago
  • 5,000-square-foot laundromat built in 2018 with over $1 million invested in equipment and build-out
  • Located in Baltimore, MD
  • Approximately $500,000 of the existing SBA loan may be assumable by a qualified buyer, subject to SBA approval
  • Sale is pending

Contact Info

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