Profitable Coin Operated Laundromat in Prime High-Density Location,
Asking Price: | $1,750,000 |
EBITDA: | $420,000 |
Gross Revenue: | $1,200,000 |
Established Year: | 2000 |
Situated in one of Maryland's most densely populated areas, this exceptional coin-operated laundromat presents a unique and rare investment opportunity. Boasting a spacious interior of approximately 6,000 square feet, the property benefits from its prime location, drawing in significant foot traffic and offering high visibility.
Prime Location:
The laundromat is strategically positioned within a neighborhood characterized by a population density of over 22,000 people per square mile. This ensures a consistent and high demand for laundry services, making it a reliable income source.
Stable Revenue Streams:
This investment is further strengthened by the presence of four sub-tenants whose rents contribute to covering one third of the occupancy costs. This diversified income approach enhances the stability of the investment and mitigates risk.
Investment Highlights:
Exceptional location in the most densely populated area in Maryland
Revenue stability through diversified income streams
Annual Revenue: $1,200,000 (Based on historical data)
Net Operating Income: $420,000 (After accounting for expenses)
Sub-Tenants Contribution: Covers one third of the occupancy costs
Don't Miss Out:
Seize this rare opportunity to invest in a well-established coin-operated laundromat located in the heart of a thriving Maryland community. With a solid history of income generation, prime location, and stable sub-tenant contributions, this investment offers both immediate and long-term potential.
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