Hot Listing

Unattended & Absentee Laundromat -Montgomery County, MD $379,000

Asking Price$379,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$150,000

InventoryNot Disclosed

FF&ENot Disclosed

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Hot Listing

Unattended & Absentee Laundromat -Montgomery County, MD $379,000


Asking Price$379,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$150,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Great location and well appointed store in well maintained plaza with 5 stores.

Excellent and convenient Parking.

Laundromat does approx. $11,500 plus month in self serve and vending.

Their is a check cashing business that subleases pat of the laundromat for $800 a month. This person/business not only helps bring in traffic but also helps customers when needed. Almost like a free attendant.

22 washers ranging from 5 to 15 years old.
24 Dryers ranging 5-10 year sold.

This is an unattended store and run absentee. Seller has a cleaning person that he pays $175 a week. Cleaner comes in daily from 8-9 PM to clean and closes store.

Seller opens each morning with a key but Buyer might want to look at auto lock doors.

Open 6AM to 10PM.

Seller purchased last year but his wife works for government and converting to a remote position so they will be moving back to the Northeast. He recently installed some newer refurbished equipment in Aug 2026

Approx. 1500 sq ft and rent is $3300 month including CAM. # years left on lease but landlord will extend.

List Price = $379,000
Cash Offers ONLY
NO SBA, Seller or Bank financing.


______________________________________________________________________

BROKER'S NOTE ON ABSENTEE: This store is truly run absentee but as a former laundromat owner and broker who does 20 plus laundromats a year, the more time you spend at a store and manage it, the better. Most times when you see absentee, it just means that the owner has no set hours working the store, BUT, they need to be there weekly checking inventory, collecting cash, checking on maintenance, reviewing operations, managing work flow, managing staff, etc. Thus, you should always plan and on being at any store, even if marketed as "Absentee" for 10-15 hours a week minimum. Just my 2 cents but there is so much misleading info on laundromats in Social Media today. I tell all of my clients, "Laundromats are always more work than you think." Great business but if time is a concern, it may not be right for you.
About the Business
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,500
Rent
$3,300 per month
Listing Info
ID
2545452
Listing Views
1272

Listing ID: 2545452 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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