Laundromat For Sale

Listing ID: 700159330

Listing Title: Laundromat For Sale

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Industry: Business Services

Industry Segment: Laundry

Country: United States

State / Province: Colorado


City: Colorado Springs

Asking Price Range: < $250K

Gross Revenues: $156,000

Cash Flow: $24,000

Cash Flow Type: EBITDA

Year Established: 2005

Number of Employees: 1 - 3

Business Description:
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.

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