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Established And Top Rated Laundromat In Washington Dc For Sale

Washington, DC, District of Columbia, US
Asking Price:
$1,200,000 Furniture / Fixtures included
Sales Revenue:
$252,000
Cash Flow:
$45,000

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!

Property Information

Real Estate:

Real Property Included

Location:

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.

Business Operation

Expansion Potential:

There is room a new owner to grow and expand the business.

Competition / Market:

There is standard competition for the industry and market.

Reasons for selling:

Owner is retiring.

Employees:
2
Years established:
1964

Other Information

Support & training:

Owner will provide necessary training and support.

Furniture / Fixtures value:
$150,000 - included in the asking price
Inventory / Stock value:
$1,000

Contact Horizon Business Brokers, LLC

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