HomeSOLD – Established & Top Rated Laundromat in Washington, DC

SOLD – Established & Top Rated Laundromat in Washington, DC

  • Business Type: Drycleaning/Laundry Services
  • Asking Price: 1200000.00
  • Gross Revenue: 252000.00
  • Cash Flow: 90000.00
  • FF&E Value: 150000.00
  • FF&E Included in Sale: No
  • Inventory Value: 1000.00
  • Inventory Included in Sale: No
  • Real Estate Value: $900000
  • Real Estate Included in Sale: Yes
  • State: District of Columbia
  • City/County: Washington
  • Year Established: 1964
  • Employees: 2
  • Listing Number: HZ435AH
  • Listing Broker: Alan Horn
  • Broker Contact: 240-394-5089
  • Broker Email: alan@horizonbrokers.com
  • Business Summary: Profitable Business with Real Estate in Redeveloping Area - A Real Must See!

    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!
  • Description of 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.
  • Competition: There is standard competition for the industry and market.
  • Growth & Expansion: There is room a new owner to grow and expand the business.
  • Seller Financing Available: No
  • Seller Financing Terms:
  • Reason For Sale: Owner is retiring.
  • Seller Support & Training: Owner will provide 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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Profitable Business with Real Estate in Redeveloping Area – A Real Must See! 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. This is a pristine operation and won’t be on the market long!
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