Established & Well-Known Laundromat in Manassas VA

Manassas, VA
Prince William County

Asking Price: Annual Revenue:
$130,000 $110,000

Services: Dry Cleaning & Laundry

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RE: Established & Well-Known Laundromat in Manassas VA Broker: Alan Horn

Quick Facts

Asking Price: $130,000
Annual Revenue: $110,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2001
Employees: 2
BBN Listing #: 814932377
Broker Reference #: HZ503AH

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Business Overview:

Excellent opportunity to own an established well-known laundromat situated just off a major thoroughfare in Manassas, Virginia that has been serving the local community for over 20 years. The business is in an ideal location for a laundromat with a high percentage of renters within a 1 mile radius. The business is situated in a popular retail strip center. The space has a neat and clean appearance with top of the line Dexter equipment. The building is air conditioned and has free Wi-Fi for customers. There have been numerous other upgrades in recent years including a video surveillance system, charging outlets, comfortable seating, and televisions/entertainment, and other ancillary services. There is an attendant on site to ensure excellent customer service is provided to all customers. A full list of all equipment is available upon inquiry. Please don't hesitate as we don't expect this opportunity to last long!

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Property Features and Assets:

The business is located in prominent shopping center just off a major thoroughfare. The space is approximately 1,460 square feet with a rent of $2,902/month (including CAM). The current lease runs through April 2026 and a 5 year option is available.

Market Competition and Expansion:

Competition: There is standard competition for the industry and market, but this laundromat stands out from many competitors due to its clean interior, excellent location, and top of the line equipment. Growth & Expansion: There is room to grow and expand the business. A new owner might consider a targeted advertising/marketing campaign to nearby residents and businesses along with trying to bring in more recurring commercial accounts.

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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