Business For Sale

Established Neighborhood Laundromat

Woodbridge, VA
Prince William County


Asking Price: Annual Revenue:
$79,000 $70,000

Services: Dry Cleaning & Laundry


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RE: Established Neighborhood Laundromat Broker: Alan Horn
Owner Financing is Available!
Available depending on the final purchase price, terms, and qualifications of the buyer.

Quick Facts

Asking Price: $79,000
Annual Revenue: $70,000
Net Profit: Not Disclosed
Cash Flow: $21,000
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 2005
Employees: 1
BBN Listing #: 953632377
Broker Reference #: HZ383AH

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Business Overview:

Great opportunity to own a laundromat in the middle of an established Woodbridge, VA neighborhood. The business is a local favorite and that makes this the perfect low risk/low cost opportunity which can also be a passive second income for an absentee owner.

The laundromat is next to a popular latino market/café and a high volume nationally known convenience store. There are 21 washers and 13 dryers on site. The laundromat operates unattended with high margins and no pay roll.

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Property Features and Assets:

The laundromat occupies 1,300 square feet of space and is located in a community strip mall. The lease is $2,789.59 + NNN a month. There are four years remaining on the lease with an available five year option.

Market Competition and Expansion:

Competition: The shopping center is in the middle of an established neighborhood. No new construction is possible and this prevents any new competition from popping up in the immediate area. Growth & Expansion: A new owner has many opportunities to grow and expand the business including creating more awareness about the business, expanding services, and more.

Reason for Selling:

Family.

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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