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Laundromats (2) and (1) self-service car wash.

Washington, District of Columbia (District of Columbia County)

Services - Drycleaning/Laundry | Services - Auto Repair, Parts & Svcs

Asking Price $700,000 Inventory $3000** 
Gross Income $634,000 Real Estate  
Cash Flow $100,000 Year Established 1986
FF&E $450,000* Employees 8

* included in the asking price

** not included in the asking price

These well established businesses are located in NW Washington and consist of two laundromats and one self service carwash. The laundromat with the self-service car wash is priced at $450,000 and the other at $250,000.

Facilities: Has two locations. 1st has 2500 sf $5,000 p/mo lease expires November 2011; and 2nd has 3200 sf $2,500 p/mo lease expires May 2009 with (2) five year options. Both facilities have up-to-date heavy duty stainless steel equipment. The first location also has the only self-service carwash in DC. Parking at both locations.

Competition: No competition in the immediate area.

Growth/Expansion: Add more business to business accounts and coin operated dry cleaning and the 2nd location.

Financing: Some to a qualified buyer

Support/Training: 2 weeks on site and two weeks on call.

Reason Selling: Pursue other interests.

AD # 211770

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