Established & Well-Known DC Laundromat

Washington, DC (District of Columbia County)

Seller Financing Available
Established & Well-Known DC Laundromat
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Asking Price: Get Financing: $150,000

Cash Flow: N/A

Gross Revenue: $140,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2003

Established & Well-Known DC Laundromat

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Business Description

Great opportunity to own an established and well-known laundromat. The business has been established for 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 complete absentee owner operation!

Detailed Information

Employees:
2
Facilities:
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.
Competition:
Standard competition for the industry and market.
Growth & Expansion:
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.
Financing:
Available depending on the final sale price, terms, and qualifications of the buyer.
Support & Training:
Seller will provide necessary training and support.
Reason for Selling:
Owner wishes to pursue other interests.
Business Website:
http://www.horizonbrokers.com
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Contact the Seller

(from currently available funds)
 
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Alan Horn

Business Listed By:
Alan Horn

Horizon Business Brokers, LLC

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Sponsoring Broker:
Dustin Zeher, CBI

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