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Laundromat For Sale
Location: United States -> Colorado -> Colorado Springs
Industry: Business Services > Laundry

Business Summary

Have you ever wanted to own a cash based business. This laundromat has unbelievable potential. Think of it as buying a startup business that already makes money and has a loyal vlient base.

This place is huge over 4000 sq ft. A new store with this footprint would cost well over $500,000 and have NO customers. Property tax assessment on equipment is $244,000 so you get the entire infrastructure for only $75k. Fully attended currently but would thrive with owner operator. Open, safe and clean. Current services offered are Coin Operated, Pickup and Delivery service, contract with 3 local colleges, Long term staff, near Ft Carson and there is a new surge of troops coming, great tax write-off.

Great potential for increase by adding commercial contracts, rent out concessions, low rent, red rags, dry cleaning, schools, office buildings, non profits. Owners ready for a new adventure and are highly motivated. This store was originally listed at $495,000. For more information please contact at 719-491-1617. Serious inquiries only.


Asking Price Range:  < $250K
Gross Revenues:   $156,000
Cash Flow:   $24,000
Cash Flow Type:  EBITDA
Inventory:  $244,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2005
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Ready for a new adventure

Print Listing Id: 700159330
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