Established Washington, DC Neighborhood Laundromat

Washington, DC

Asking Price: Annual Revenue:
$300,000 $252,000

Services: Dry Cleaning & Laundry

Request More Information
Contact the Seller

RE: Established Washington, DC Neighborhood Laundromat Broker: Alan Horn

Quick Facts

Asking Price: $300,000
Annual Revenue: $252,000
Net Profit: Not Disclosed
Cash Flow: $45,000
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 1964
Employees: 2
BBN Listing #: 554432377
Broker Reference #: HZ434AH

Email, Print & Share

Request More Information
Contact the Seller

Business Overview:

Excellent opportunity to own an established laundromat in Northwest DC. The business has been established for over 50 years and has been family owned since day one. The laundromat features top rated Dexter equipment, which has been well-maintained with no expense spared on upkeep of the facility and machines.

The laundromat occupies a stand-alone building with lots of parking. Income is steady with many years of certified financials to verify revenue and cash flow. This is an absolute gem of an operation and won't be on the market long. Contact us today to learn more!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The laundromat is on the ground floor with prominent storefront visibility on a primary thoroughfare in the neighborhood. The facility is leased for $5000 a month including NNN. There are 5 years remaining on the lease with options available.

Market Competition and Expansion:

Competition: There is standard competition for the industry and market. Growth & Expansion: There is room a new owner 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.

Relevant Links:

Request More Information
Contact the Seller is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!