Established & Well-Known DC Laundromat

Washington, DC


Asking Price: Annual Revenue:
$150,000 $144,000

Services: Dry Cleaning & Laundry


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RE: Established & Well-Known DC Laundromat Broker: Alan Horn
Owner Financing is Available!
Available depending on the final sale price, terms, and qualifications of the buyer.

Quick Facts

Asking Price: $150,000
Annual Revenue: $144,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2003
Employees: 2
BBN Listing #: 723232377
Broker Reference #: HZ418AH

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Business Overview:

Great opportunity to own an established and well-known laundromat. The business has been established for 15 years and is located on a main thoroughfare in Southeast DC. It's a large, bright and roomy laundry with lots of parking in a free-standing building in the center of a highly-populated area. Excellent Dexter laundry equipment with 35 washers and 30 dryers that's currently run as a semi-absentee operation!

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Property Features and Assets:

A large, bright and roomy laundry with lots of parking in a free-standing building in the center of a highly-populated area with ample parking. Located on a main thoroughfare in Southeast DC.

Market Competition and Expansion:

Competition: Standard competition for the industry and market. Growth & Expansion: The business is currently operated by an absentee owner. Active management will achieve greater results. Adding income streams like wash 'n fold, pick up/delivery, commercial laundry for hotels-restaurants and spas, vending, counter sales of convenience items, check cashing, and money transfer would also be accretive to the bottom line.

Reason for Selling:

Owner would like to pursue other 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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