HomeSOLD – Established Neighborhood Laundromat with Loyal Clientele

SOLD – Established Neighborhood Laundromat with Loyal Clientele

  • Business Type: Drycleaning/Laundry Services
  • Asking Price: 79000.00
  • Gross Revenue: 70000.00
  • Cash Flow: 21000.00
  • FF&E Value: 30000.00
  • FF&E Included in Sale: Yes
  • Inventory Value: 500.00
  • Inventory Included in Sale: No
  • Real Estate Value: $
  • Real Estate Included in Sale: No
  • State: Virginia
  • City/County: Woodbridge
  • Year Established: 2005
  • Employees:
  • Listing Number: HZ383AH
  • Listing Broker: Alan Horn
  • Broker Contact: 240-394-5089
  • Broker Email: alan@horizonbrokers.com
  • Business Summary: 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.
  • Description of Facilities: The laundromat occupies 1300 square feet of space and is located in a community strip mall. The lease is $2789.59 + NNN a month. There are four years remaining on the lease with an available five year option.
  • 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.
  • Seller Financing Available: Yes
  • Seller Financing Terms: Available depending on the final purchase price, terms, and qualifications of the buyer.
  • Reason For Sale: Family.
  • Seller Support & Training: Seller will offer necessary training and support.
  • Get More Information: To learn more about this business including the name, location, and financial information please complete and return our Buyers Package, which can also be downloaded here, and returned to us at admin@horizonbrokers.com.
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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. Laundry operates unattended with high margins and no pay roll.

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