HomeSOLD – Established & Well-Run Laundromat in Culpeper, Virginia

SOLD – Established & Well-Run Laundromat in Culpeper, Virginia

  • Business Type: Drycleaning/Laundry Services
  • Asking Price: 180000.00
  • Gross Revenue: 160000.00
  • Cash Flow: 40000.00
  • FF&E Value: 100000.00
  • FF&E Included in Sale: Yes
  • Inventory Value: 0.00
  • Inventory Included in Sale: No
  • Real Estate Value: $
  • Real Estate Included in Sale: No
  • State: Virginia
  • City/County: Culpeper
  • Year Established:
  • Employees: 2
  • Listing Number: HZ453AH
  • Listing Broker: Alan Horn
  • Broker Contact: 240-394-5089
  • Broker Email: alan@horizonbrokers.com
  • Business Summary: Excellent opportunity to take over a large and roomy laundromat located in Culpeper, Virginia. The laundromat occupies roughly 2100 square feet of space and is situated in a small and well-maintained retail strip just on a main thoroughfare. The owner usually works 2 days a week and an employee covers the other 5 days. The business has been owned by the same family for over 10 years and is ready for a new owner!
  • Description of Facilities: Clean and roomy 2100 sq ft laundromat with lots of parking. The rent is $3800/month including NNN and the lease runs through 2024.
  • Competition: There is limited direct competition in the area.
  • Growth & Expansion: Business is family-run for over 10 years with loyal laundry drop off and self-service customers. A new owner could implement new strategies to grow and expand the business.
  • Seller Financing Available: No
  • Seller Financing Terms: N/A.
  • Reason For Sale: Owner is retiring.
  • Seller Support & Training: Seller 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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Excellent opportunity to take over a large and roomy laundromat located in Culpeper, Virginia. The laundromat occupies roughly 2100 square feet of space and is situated in a small retail strip just on a main thoroughfare. The business has been owned by the same family for over 10 years and is ready for a new owner!
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