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Business For Sale

Laundry and Dry Clean

Aspen, Colorado, CO

Services: Dry Cleaning & Laundry

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$299,000
$205,000
$91,000
$91,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1980
3
60131101

Business Overview:

Only Laundry in Aspen! Coin-Operated Laundry Machines, Wash and Fold, Green Dry Cleaning (via send-out), Pick Up and Delivery Service, Commercial Accounts, and Alterations. 2010 new owners redesigned space and eliminated 50% of unused space. They renegotiated the lease from $166,000 a year to $46,000 a year. All washers and dryers are new with new ownership. Electric bills have been reduced by 30%! This is a unique business, unlike any in the country. Provide laundry services to the ultra-wealthy, famous, and fun. Aspen supports local business owners with low cost housing options. Live and work in one of the most exclusive towns on Earth! Bike out the back for miles along rivers, walk over to the lifts and walk home to your family. Aspen schools provide unparalleled education. Aspen is a seasonal town; however, it has 2 big seasons: Summer and Winter; Sports (e.g., X---Games), Conferences (e.g., Aspen Institute), Festivals (e.g., Food and Wine Classic), Spring is lowest season (April-May); Fall is next lowest (Oct-Nov); We have used these months to upgrade the business. Operations: Laundry: Coin-op Laundromat open 24 hours, No competition (only Laundromat in Aspen) 24 water tap rights come with lease (valued at $3k each). Wash and Fold: Highly profitable, highly desirable, little competition! Only other dry cleaner in town focuses on dry-cleaning. We have developed a reputation for wash and fold, all work currently done in house. Dry Cleaning: Currently outsource all dry cleaning and split the revenue.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

1,000 sq. ft. New lease. Rolling 3 year. $3950 per month. Down from $12,000 per month.

Market Competition and Expansion:

None

Reason for Selling:

Consolidate

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.