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Laundromat NE DC

Washington DC, District of Columbia (District of Columbia County)

Services - Drycleaning/Laundry

Asking Price $85,000 Inventory $1000** 
Gross Income $102,000 Real Estate  
Cash Flow $1 Year Established 1985
FF&E $50,000* Employees 1

* included in the asking price

** not included in the asking price

Established business is located in a small strip center on a busy highway. Three blocks from a metro station surrounded by apartments, condos and residential town homes. There our 30 Washers (Wascomat, Minor) and 30 Dryers ( Speed Queen Commercial).

Facilities: Approx. 2300 SF. for $3,350 p/mo for ten years with one 5 year option to renew.

Competition: No competition in the immediate area.

Growth/Expansion: Add pick-up store, shoe, leather and sewing repair. Develop business accounts, just minutes away from downtown business district and hotels.

Financing: None

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

Reason Selling: Devote more time to other business

AD # 382006

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