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Laundromat In Washington DC For Sale

Washington, DC, District of Columbia, US
Asking Price:
$130,000 Furniture / Fixtures included
Sales Revenue:
$144,000
Cash Flow:
Available on request

Established And Well Known Laundromat In Washington DC

Great opportunity to own an established and well-known laundromat. The business has been in operation for over 15 years and is located on a main thoroughfare in Southeast DC. It's a large, bright and roomy laundry with lots of parking in a free-standing building in the center of a highly-populated area. Excellent Dexter laundry equipment with 35 washers and 30 dryers that's currently run as a semi-absentee operation!

Property Information

Real Estate:

Lease

Premises Details:

A large, bright and roomy laundry with lots of parking in a free-standing building in the center of a highly-populated area with ample parking. Located on a main thoroughfare in Southeast DC.

Business Operation

Expansion Potential:

The business is currently operated by an absentee owner. Active management will achieve greater results. Adding income streams like wash 'n fold, pick up/delivery, commercial laundry for hotels-restaurants and spas, vending, counter sales of convenience items, check cashing, and money transfer would also be accretive to the bottom line.

Competition / Market:

Standard competition for the industry and market.

Reasons for selling:

Owner wishes to pursue other interests.

Employees:
2
Years established:
16

Other Information

Support & training:

Seller will provide necessary training and support.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Available depending on the final sale price, terms, and qualifications of the buyer.

Contact Information

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