Established & Well-Known Laundromat/Dry Cleaner

Falls Church, VA
Falls Church City County


Asking Price: Annual Revenue:
$165,000 $166,400

Services: Dry Cleaning & Laundry


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RE: Established & Well-Known Laundromat/Dry Cleaner Broker: Alan Horn

Quick Facts

Asking Price: $165,000
Annual Revenue: $166,400
Net Profit: Not Disclosed
Cash Flow: $48,000
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2001
Employees: 3
BBN Listing #: 439832377
Broker Reference #: HZ405AH

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Business Overview:

Great opportunity to own an established laundromat and dry cleaner that's situated in a high traffic shopping center in Northern Virginia with many loyal customers. There is approximately $85,000 in new equipment that is less than two years old.

The business is located just off the beltway and next to major chain grocery and many national retail brands. Newly redeveloped high density mixed-use retail/residential make this the perfect opportunity for a solo owner operator or as part of a family business. The owner has decided it's time to retire, so don't miss this as it's priced to sell!

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Property Features and Assets:

The laundromat is ideally located just off the beltway in a strip mall near many well-known anchor stores and retail establishments. The business is in an established section of Fairfax County near major residential and commercial centers. The 2,400 square foot space is leased for $7,600/month with 10 years remaining on the lease with a 5 year option.

Market Competition and Expansion:

Competition: There is standard competition for the industry and market, but this laundromat is established and located just off a major thoroughfare. The business has been established for over 25 years with a loyal client base. Growth & Expansion: There is ample room to grow as this is a well-established laundromat that could benefit from fresh management with a focus on online advertising, direct mail, local print promotions, and other advertising to the nearby rental market.

Reason for Selling:

Owner wishes to pursue other business interests.

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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