Newly Built Laundromat in Prince William County VA

Not Disclosed, VA
Prince William County

Asking Price: Annual Revenue:
$725,000 $245,404

Services: Dry Cleaning & Laundry

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RE: Newly Built Laundromat in Prince William County VA Broker: Alan Horn
Owner Financing is Available!
Available depending on the final purchase price, terms, and qualifications of the buyer.

Quick Facts

Asking Price: $725,000
Annual Revenue: $245,404
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $653,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 1
BBN Listing #: 180232377
Broker Reference #: HZ517AH

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Business Overview:

Excellent opportunity to own a newly built, state-of-the-art, fully automated 4,000 Square Feet laundromat located in its own free-standing building. The location enjoys great visibility with its own dedicated parking situated on a major thoroughfare in Prince William County with a traffic count of over 40,000 cars per day. The has been a complete interior and exterior buildout that was recently completed that also included a new roof, new HVAC, and a newly resurfaced parking lot. The machines are all new top of the line Dexter brand laundry equipment with new plumbing, electrical, hot water supply system, venting and modern interior redesign.

The renovation was completed in 2017 at cost for equipment and interior of $653,000. The same install and buildout at today’s cost is estimated at more than $1.4MM. There is potential for the addition or improvement of other traditional laundry income streams such as drop off, wash n fold, pick up / delivery, vending, convenience item sales, check cashing, money transfer, and more. There are currently subtenants that lease some interior space and parking that yields an additional $900/month in revenue. The business is currently run by an active owner operator and one part time employee. Contact us today to learn more about this rare opportunity to own a newly built laundromat in the much sought after Northern Virginia location!

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Property Features and Assets:

The 4,000 square foot space is currently leased for $6,800/month (plus NNN) with no CAM fees. There will be a new 10 year lease (plus 5 year option) available to the owner of the business.

Market Competition and Expansion:

Competition: There is standard competition for the industry and market. Growth & Expansion: There is room to grow and expand the business through a number of avenues.

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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