UNDER THE CONTRACT , Fresh Laundromat – Exceptional Owner-Operator Opportunity


This laundromat was built brand new in 2018 by a longtime friend of mine, Mr. Han. He invested more than $1 million to create a first-class, 5,000-square-foot laundromat with top-of-the-line commercial washers and dryers.
Mr. Han lives in Fairfax, Virginia, about 1½ to 2 hours away from the store. Because of the distance, he has operated the business as a 100% absentee owner, relying almost entirely on employees. As a result, the business has never reached its full potential.

The laundromat is currently generating approximately $35,000 per month, but I believe an experienced owner-operator could significantly increase sales. With hands-on management and the addition of profit centers such as wash-and-fold service, pickup and delivery, vending, soap and detergent sales, amusement machines, commercial laundry accounts, and active local marketing, this business has the potential to grow substantially.

This is not the right business for someone who plans to remain an absentee owner. If you live out of state and intend to leave everything to employees, you will likely achieve similar results. The ideal buyer is someone who will be actively involved in the day-to-day operation and take advantage of the many opportunities to increase revenue.



One of the biggest advantages is the replacement cost. If you were to build this same laundromat today with new equipment and build-out, it would likely cost well over $1.6 million. Here, you can acquire a modern facility with relatively new equipment at a fraction of today’s replacement cost.



Asking Price: $960,000 (seller welcomes reasonable offers).
An additional benefit is that approximately $500,000 of the existing SBA loan may be assumable by a qualified buyer, subject to SBA approval. The current interest rate is approximately 3.75% with a long remaining amortization, which could make financing much more attractive than obtaining a new commercial loan at today’s rates.

If you’re looking for a laundromat with excellent infrastructure, modern equipment, and significant upside, and you’re prepared to be a hands-on owner, this could be an outstanding opportunity to build a profitable business and a strong future.