2x Cash Flow! – Established Coin Laundromat near Apartment Complexes
Asking Price: $150,000
Gross Revenue: $143,230
Cash Flow: $82,503
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.
- 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:
7651 Shaffer Parkway Suite B2
Littleton, Colorado 80127
Telephone: (303) 601-0883
Email: [email protected]
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