Business For Sale

Coin Laundromat for Sale

Not Disclosed, VA


Asking Price: Annual Revenue:
$85,000 $75,000

Services: Dry Cleaning & Laundry


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RE: Coin Laundromat for Sale Broker: Frank Chebalo

Quick Facts

Asking Price: $85,000
Annual Revenue: $75,000
Net Profit: Not Disclosed
Cash Flow: $12,700
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 3
BBN Listing #: 58054955
Broker Reference #: 2007-13786

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Business Overview:

Operating since 2012 this laundromat delivers consistence performance with an established customer based. Located on a major roadway in a primary city in Hampton Roads the location has great visibility with easy access. The facility generates just under $6,500 per month with an operating expense base of approximately $4,000. Staffing costs are currently $2,000 per month but can be adjusted depending upon a buyer’s approach to operation. The current owner is absentee. The facility operates in 3,000 square feet with 24 washers in varying sizes along with 24 dryers. This is a coin operation and very competitive. And the facility includes an alarm and camera monitoring system. The seller will provide training and a transition and for the right buyer will consider some level of financing.

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Property Features and Assets:

Assets: $76,000

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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