Norfolk Laundromats

For Sale - Owned

All locations are within 15 minutes of each other in the city of Norfolk, VA. None are in high risk areas, all are on major access roads with good visibility.

In no particular order:

1) 1600 sq ft freestanding building which can be purchased from landlord! 22 washers and 22 dryer pockets with room to spare! Last laundry before a major geo-barrier in Norfolk, VA. Close to long term and vacation rentals, right on the strip! Automated door locks and security cameras, with room to add drop off services! Asking $75,000.00

2) Approximately 2000 sq ft of laundry on right end cap of small shopping center. Location is situated at a major lit intersection in Norfolk, VA surrounded by numerous apartment buildings. 28 Washers / 26 dryer pockets. Automatic door lock and security camera system are installed and operational. Location is well kept with updated equipment. 5yrs remain on lease, landlord is willing to write a new long term laundry friendly lease agreement. Sales increased nearly 20% in 2016! Asking Price is $170,000.00

3) 1600 Sq ft 46 machine unattended laundromat on right end of busy strip shopping center. This too is at a major lit intersection in Norfolk, VA with many complimentary co-tenants. Strong growth of Hispanic market in the surrounding area in both residence and businesses. 2 years remain on current lease which is negotiable for new long term with landlord. Recent equipment upgrades have taken place. Automated door locks and security cameras are installed and operational. Very consistent and profitable coin laundry. Asking price $125,000

4) 2010 Build, all new utility structure, washer, dryers, and CCI Laundry Card system. This is an attended (part time) location anchored by two national chain retailers. A new 600+ unit apartment building is in the final stages of completion ½ city block away. Full remote access to location including security cameras, door / light timers, revenue and refunds! This will not last! Asking 195,900.

The owner also has 2 residential rental properties available for sale.

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