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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