Laundromat – Coin Operated

Location: United States -> Dist. of Columbia -> Washington
Industry: Business Services > Laundry

Businesses for sale Summary

Coin Operated Laundromat for sale, $159,000 ; Absentee owner resides in Richmond Virginia; retail store inside selling money grams, cigarettes, key making (nothing else around in the area), wash & fold service, faxes, phone cards, etc; ATM machine; candy machine; soap machine; video cameras inside and outside; next to a U.S. Post Office in the strip center; parking lot with free parking; Coke & Pepsi machines; coin changer; small additional store space inside that could be rented out for retail such as boutique items, jewelry, electronics, etc. (former successful person in the space was asked to leave since the owner knew he was selling the business); 81 washers / dryers of various size loads; Cash Flow estimated.


Asking Price Range:  < $250K
Gross Revenues:   $182,000
Cash Flow:   $54,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2000
Number of Employees:  1 – 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Some training negotiable.
Reason For Selling:  Owner’s job is taking him out of the country.