2x Cash Flow! – Established Coin Laundromat near Apartment Complexes

Asking Price: $150,000

Gross Revenue: $143,230

Cash Flow: $82,503

Business Description

This established laundromat is located in the Bear Creek area of Lakewood, Colorado in a busy strip center. The business is surrounded by numerous apartment complexes, along with a 400+ unit complex directly across the street. The space measures in at 1,700 square feet and offers ample parking for customers.

In addition to being a coin-op laundry, the business offers a wash and fold service, along with being a dry cleaning drop off location (dry cleaning done off site). Long-term lease in place with 4 years remaining, with a 5-year option to extend. The current owner has recently added an automatic timer for the lights and doors, meaning that an employee does not need to open the business in the mornings.

This business has tons of upside! The business is only staffed 10-20 hours/week. Essentially, the business is missing out on wash and fold/dry cleaning sales. This is a great opportunity for an owner operator looking to put their personal touch on the business.

Detailed Information

Real Estate: Leased
Building Sq. Ft.: 1700
Employees: Owner Operated
Financing: Cash/SBA financeable with 25% down for a well-qualified buyer
Support & Training: Seller will provide up to 4 weeks of training post closing
Reason for Selling: Other business opportunities

For more information please contact:

MJ Nuanes

7651 Shaffer Parkway Suite B2

Littleton, Colorado 80127

Telephone: (303) 601-0883

Email: [email protected]

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