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Established Washington, DC Neighborhood Laundromat

Washington, District of Columbia, United States
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Asking Price$300,000
Revenue$252,000 Established1968
Cash Flow$45,000 Employees2 full, 2 part
FF&E$150,000* FranchiseNo
Inventory$1,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
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 laundromat occupies a stand-alone building with lots of parking. 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!
Facilities:The laundromat is on the ground floor with prominent storefront visibility on a primary thoroughfare in the neighborhood. The facility is leased for $5000 a month including NNN. There are 5 years remaining on the lease with options available.
Competition:There is standard competition for the industry and market.
Growth Potential:There is room a new owner to grow and expand the business.
Training/Support:Owner will provide necessary training and support.
Seller Financing:N/A.
Sale Reason:Owner is retiring.
Ad #115793
Seller Reference #HZ434AH
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