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: $150,000

Cash Flow: N/A

Gross Revenue: $144,000



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 semi-absentee operation!

Detailed Information

Washington, DC
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.
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.
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:
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(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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