Wash., DC, NE Laundromat | $280K SDE | Seller Financing Available
Business Description
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 Washington, DC 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. The business includes an estimated $326,000 FF&E 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 loss of certain commercial laundry accounts while continuing to generate strong cash flow. The business 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.
About the Broker
Represented by B Walt Wiseman of Transworld Business Advisors, specializing in business sales, valuation, and exit planning for privately held companies throughout the Mid-Atlantic region. Buyers seeking additional information are encouraged to contact the broker directly. All inquiries and discussions will be handled with strict confidentiality.
B Walt Wiseman
Business Broker | Transworld Business Advisors
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. The business includes an estimated $326,000 FF&E 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 loss of certain commercial laundry accounts while continuing to generate strong cash flow. The business 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.
About the Broker
Represented by B Walt Wiseman of Transworld Business Advisors, specializing in business sales, valuation, and exit planning for privately held companies throughout the Mid-Atlantic region. Buyers seeking additional information are encouraged to contact the broker directly. All inquiries and discussions will be handled with strict confidentiality.
B Walt Wiseman
Business Broker | Transworld Business Advisors
About the Business
- Years in Operation
- 8
- Employees
- 2 Contractors
- Facilities & Assets
- Established commercial laundromat facility located in Washington, DC. Existing infrastructure includes commercial laundry equipment, supporting utility infrastructure, and favorable lease economics. The facility benefits from an established operating footprint and a location that would be difficult and costly to replicate in today's market.
Commercial laundry equipment package including 22 Wascomat WLD washers (2019), 8 Wascomat SU washers, 12 Wascomat D735 dryers (2019), 14 TD30x30 dryers, 2 TD45x45 dryers, and 2 Electrolux Compass Pro dryers added in 2024. Also includes a Natco water heater and hot water storage tank, both reportedly less than five years old. Significant installed infrastructure and equipment capacity support future growth.
Good to Excellent. Major equipment upgrades completed in 2019 with additional equipment additions in 2024. Newer water heating infrastructure and a commercial laundry equipment platform supporting current and future operating capacity. - Market Outlook / Competition
- The business benefits from an established location, favorable lease economics, substantial equipment infrastructure, and an existing customer base. New entrants face significant costs associated with equipment, utility infrastructure, permitting, and site development, creating meaningful barriers to entry within the market.
- Opportunities for Growth
- Significant growth opportunities exist through restoring commercial and institutional accounts previously serviced by the business, expanding wash-dry-fold services, extending operating hours, and increasing utilization of the existing equipment base. The current operation does not fully utilize the location's existing infrastructure and equipment capacity, providing opportunity for a new owner to increase revenue through focused management and business development.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,021
- Rent
- $4,150 per month
- Lease Expiration
- 8/1/2029
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- 4 weeks
- Financing Options
- Owner Financing Amount $546,600.00 Owner Financing Interest 8% Owner Financing Terms
Listing Info
- ID
- 2541637
- Listing Views
Listing ID: 2541637 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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