2 Established & Top Rated Laundromats in Wash, DC!

Washington, DC

Asking Price: Annual Revenue:
$600,000 $504,000

Services: Dry Cleaning & Laundry

Request More Information
Contact the Seller

RE: 2 Established & Top Rated Laundromats in Wash, DC! Broker: Alan Horn

Quick Facts

Asking Price: $600,000
Annual Revenue: $504,000
Net Profit: Not Disclosed
Cash Flow: $90,000
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: 1964
Employees: 4
BBN Listing #: 196432377
Broker Reference #: HZ436AH

Email, Print & Share

Request More Information
Contact the Seller

Business Overview:

Unique opportunity to own two premier laundromats in Washington, DC. Both locations are in Northwest and are nearby each other to facilitate easy management. The laundromats are situated in a free-standing building on a primary thoroughfare and a small neighborhood strip center with ample off-street parking. The atmospheres are bright, clean, and safe with reasonable rent and strong financials showing decades of predictable return on investment.

The laundromats have been family owned and operated since 1964. They have been perfectly maintained with loyal multi-generational clientele who have grown up with the businesses. There is industry leading Dexter equipment in each location with no expense spared on upkeep and maintenance. Don't miss this opportunity to purchase two established, well-known, and pristine laundromats!

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 facilities are leased for $10,000 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

BusinessBroker.net 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!