BIG High End Absentee DC Laundromat NETS $286K Seller Fin. Avail.
Listing Number: 090122-946592
Listing Details
- Down Payment: $400,000
- Sales: $584,122
- Seller's Discretionary Earnings: $286,000
- Inventory: $0
- Furniture, Fixtures, and Equipment: $290,000
- Rent: $4,150
- Employees: 3
- Year Established: 2018
- Reason for Selling: Retirement
Business Description
A rocksolid rare long term investment in a high-end, absentee-owned laundromat offers an exceptional blend of recession-resistant cash flow and minimal daily operational friction in the heart of charming NE Washington DC.
High-end configurations commands a premium by leveraging coin-only ecosystems, automated door-lock systems, and luxury utility setups (e.g., lounge zones, high-capacity machinery) that allow off-site management.
Well suited for an owner-operator, investor, or semi-absentee owner, the business combines stable cash flow, operational efficiency, and identifiable growth opportunities within the greater market.
The facility includes a modernized commercial laundry platform featuring 22 Wascomat WLD washers and 12 Wascomat D735 dryers installed in 2019, additional washer and dryer capacity, two Electrolux Compass Pro dryers added in 2024, multiple change machines, ATM services, customer support equipment, and recently upgraded water-heating infrastructure.
This continous cash cow and value investing business includes as strong estimated FF&E (good to go for next 7 to 10 years) value package, providing immediate operating continuity with limited anticipated near-term capital expenditure requirements.
Historical revenue exceeded $1.0 million annually in both 2023 and 2024, generating approximately $1.6 million and $1.1 million, respectively. More recent performance reflects the let go of certain commercial laundry contractual accounts due to owner health issues while continuing to generate strong cash flow.
Currently operates approximately 40 hours per week, creating potential opportunities for a future owner to increase utilization through extended operating hours, rebuild commercial account revenue, expand wash-dry-fold services, introduce pickup and delivery programs, and implement targeted customer acquisition initiatives.
Additional buyer flexibility may be available through seller financing for qualified purchasers, subject to mutually agreeable terms.
With an established operating history, modern equipment platform, favorable occupancy costs, and identifiable growth opportunities, this business represents an attractive acquisition opportunity within the Washington, DC market.
Interested buyers are encouraged to inquire for additional information.
Reason for sale: Retirement
Proof of Funds Required (upfront)
Seller financing is available (for prequalified buyers only.)
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION, NAME & CIM.
UNMATCHED TRANSWORLD VALUE
This opportunity is proudly offered by Transworld Business Advisors, the number one business brokerage firm in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and middle market business owners and buyers with transaction expertise.
FOR BUSINESS OWNERS:
We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future, please contact me at achaudhary@tworld.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours.
All communications are kept STRICTLY CONFIDENTIAL.
For interested parties, please contact:
Aamer Chaudhary (President/CEO, Transworld Business Advisors, Downtown DC, Annapolis, Baltimore & New York City) at Cell (202) 509 3739 or (443) 968 1411 or (703) 457-0362 or Off (202) 461 2204 or by email, [email protected]
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