Established & Well-Run Laundromat in Culpeper, VA

Culpeper, VA
Culpeper County

Asking Price: Annual Revenue:
$180,000 $160,000

Services: Dry Cleaning & Laundry

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RE: Established & Well-Run Laundromat in Culpeper, VA Broker: Alan Horn

Quick Facts

Asking Price: $180,000
Annual Revenue: $160,000
Net Profit: Not Disclosed
Cash Flow: $40,000
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 530032377
Broker Reference #: HZ453AH

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Business Overview:

Excellent opportunity to take over a large and roomy laundromat located in Culpeper, Virginia. The laundromat occupies roughly 2100 square feet of space and is situated in a small and well-maintained retail strip off a main thoroughfare. The owner usually works 2 days a week and an employee covers the other 5 days. The business has been owned by the same family for over 10 years and is ready for a new owner!

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Property Features and Assets:

Clean and roomy 2,100 square feet laundromat with lots of parking. The rent is $3,800/month including NNN and the lease runs through 2024.

Market Competition and Expansion:

Competition: There is limited direct competition in the area. Growth & Expansion: Business is family-run for over 10 years with loyal laundry drop off and self-service customers. A new owner could implement new strategies to grow and expand the business.

Reason for Selling:

Owner is retiring.

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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