MergerPlace

Established & Top Rated Laundromat

District of Columbia


  • Asking Price: $300,000
  • Gross Income: $252,000
  • Cash Flow: $45,000
  • Real Estate: Not Disclosed
  • Inventory: $1,000
  • FF&E: $150,000
  • Listing ID: #218763
  • Established: 1964
  • Employees: 4

Business Description

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 business is located in an established community shopping center alongside grocery, liquor, dry cleaning and health services businesses. 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!


Business Details

Primary Business Category: Services - Other Services
Location: District of Columbia

Company Information

Year Established: 1964
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4

Financial Information

Asking Price: $300,000
Gross Revenue: $252,000
Cash Flow: $45,000
FF&E: $150,000
Inventory: $1,000
Seller Financing Available: No

Property Information

Facilities:

The laundromat is on the ground floor with prominent storefront visibility and situated in an established community shopping center alongside grocery, liquor, dry cleaning and health services businesses. The facility is leased for $5000 a month including NNN. There are 5 years remaining on the lease with options available.

Growth & expansion opportunities:

There is room a new owner to grow and expand the business.

Competition:

There is standard competition for the industry and market.

Reason for selling:

Owner is retiring.

Support & Training:

Owner will provide necessary training and support.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Alan Horn

Horizon Business Brokers, LLC