HomeSOLD – Newly Built Laundromat in Prince William County, Virginia for Sale

SOLD – Newly Built Laundromat in Prince William County, Virginia for Sale

  • Business Type: Drycleaning/Laundry Services
  • Asking Price: 725000.00
  • Gross Revenue: 245404.00
  • Cash Flow:
  • FF&E Value: 653000.00
  • FF&E Included in Sale: Yes
  • Inventory Value:
  • Inventory Included in Sale: No
  • Real Estate Value: $
  • Real Estate Included in Sale: No
  • State: Virginia
  • City/County: Prince William
  • Year Established: 2017
  • Employees: 1
  • Listing Number: HZ517AH
  • Listing Broker: Alan Horn
  • Broker Contact: 240-394-5089
  • Broker Email: alan@horizonbrokers.com
  • Business Summary: Excellent opportunity to own a newly built, state-of-the-art, fully automated 4000 Sq Ft laundromat located in its own free-standing building. The location enjoys great visibility with its own dedicated parking situated on a major thoroughfare in Prince William County with a traffic count of over 40,000 cars per day. The has been a complete interior and exterior buildout that was recently completed that also included a new roof, new HVAC, and a newly resurfaced parking lot. The machines are all new top of the line Dexter brand laundry equipment with new plumbing, electrical, hot water supply system, venting and modern interior redesign.

    The renovation was completed in 2017 at cost for equipment and interior of $653,000. The same install and buildout at today’s cost is estimated at more than $1.4MM. There is potential for the addition or improvement of other traditional laundry income streams such as drop off, wash n fold, pick up / delivery, vending, convenience item sales, check cashing, money transfer, and more. There are currently subtenants that lease some interior space and parking that yields an additional $900/month in revenue. The business is currently run by an active owner operator and one part time employee. Contact us today to learn more about this rare opportunity to own a newly built laundromat in the much sought after Northern Virginia location!
  • Description of Facilities: The 4,000 square foot space is currently leased for $6,800/month (plus NNN) with no CAM fees. There will be a new 10 year lease (plus 5 year option) available to the owner of the business.
  • Competition: There is standard competition for the industry and market.
  • Growth & Expansion: There is room to grow and expand the business through a number of avenues.
  • Seller Financing Available: Yes
  • Seller Financing Terms: Available depending on the final purchase price, terms, and qualifications of the buyer.
  • 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 own a newly built, state-of-the-art laundromat in a 4,000 square foot free standing building. The business is located just off a major thoroughfare in Prince William County with great visibility that regularly sees over 40,000 cars pass by each day. The build out was completed in 2017 with all new top of the line Dexter equipment.
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