LISTING DETAILS
Listing Status: Available
Asking Price: $125,000
Total Sales: $80,000
Real Estate Asking Price: N/A
Real Estate included in Sale: No
Description
Business Summary:
Great opportunity to own an established laundromat located on a major thoroughfare in Northeast DC. There are 22 washers and 22 dryers at the facility and the business is currently operated on a semi-absentee basis. The immediate area surrounding the laundromat is densely populated so their is a large market of potential customers for the business to bring into the fold.
Description of Facilities: The 1500 sq ft facility is leased for $2,882/month.
Competition: There is standard competition for the industry and market.
Growth & Expansion: The laundromat is currently operated on a semi-absentee basis, so more active management will likely achieve greater results. A new owner could expand the service offerings by adding wash 'n fold or pick up/drop off services.
Seller Financing Available: Yes
Seller Financing Terms: The owner will consider offering seller financing with a 50% down payment.
For more information on this listing, please complete our Non-Disclosure Agreement
