HomeSOLD – Established & Well-Known Laundromat in High Traffic Market

SOLD – Established & Well-Known Laundromat in High Traffic Market

  • Business Type: Drycleaning/Laundry Services
  • Asking Price: 139500.00
  • Gross Revenue: 204000.00
  • Cash Flow: 48000.00
  • FF&E Value: 150000.00
  • FF&E Included in Sale: Yes
  • Inventory Value: 1000.00
  • Inventory Included in Sale: No
  • Real Estate Value: $
  • Real Estate Included in Sale: No
  • State: Virginia
  • City/County: Falls Church
  • Year Established: 2001
  • Employees: 3
  • Listing Number: HZ405AH
  • Listing Broker: Alan Horn
  • Broker Contact: 240-394-5089
  • Broker Email: alan@horizonbrokers.com
  • Business Summary: Great opportunity to own an established laundromat and dry cleaner that's situated in a high traffic shopping center in Northern Virginia with many loyal customers. There is approximately $85,000 in new equipment that is less than two years old.

    The business is located just off the beltway and next to major chain grocery and many national retail brands. Newly redeveloped high density mixed-use retail/residential make this the perfect opportunity for a solo owner operator or as part of a family business. The owner has decided it's time to retire, so don't miss this as it's priced to sell!
  • Description of Facilities: The laundromat is ideally located just off the beltway in a strip mall near many well-known anchor stores and retail establishments. The business is in an established section of Fairfax County near major residential and commercial centers. The 2400 square foot space is leased for $7600/month with 10 years remaining on the lease with a 5 year option.
  • Competition: There is standard competition for the industry and market, but this laundromat is established and located just off a major thoroughfare. The business has been established for over 25 years with a loyal client base.
  • Growth & Expansion: There is ample room to grow as this is a well-established laundromat that could benefit from fresh management with a focus on online advertising, direct mail, local print promotions, and other advertising to the nearby rental market.
  • Seller Financing Available: No
  • Seller Financing Terms: N/A.
  • Reason For Sale: Owner is looking to pursue other business interests.
  • 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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Great opportunity to own an established laundromat that’s situated in a high traffic shopping center in Northern Virginia with many loyal customers. The business is located just off the beltway and next to major chain grocery and many national retail brands. The owner decided it’s time to retire, so don’t miss this as it’s priced to sell!

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