Recession Proof Laundromat & Real Estate

Not Disclosed, CO

Front Range

Asking Price: Annual Revenue:
$500,000 $60,000

Services: Dry Cleaning & Laundry

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RE: Recession Proof Laundromat & Real Estate Broker: Seller of Business

Quick Facts

Asking Price: $500,000
Annual Revenue: $60,000
Net Profit: Not Disclosed
Cash Flow: $30,000
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: 1995
Employees: 1
BBN Listing #: 940010489
Broker Reference #: 1887

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Business Overview:

Real Estate and Business being sold together located downtown in one of the fastest growing towns in Colorado.
Building listed at $450,000 generates 5.5% cap rate, leased to laundromat and another business.
Laundromat listed at $50,000 includes all equipment and returns $30,000+/year (for full owner-operator.)
Current owner runs business remotely; property management in place to oversee day-to-day operations.
ONLY laundromat in an area serving population of 30,000+. Recession proof business with opportunity to grow revenues through improvements, added services and price increases.

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Reason for Selling:

Other Interests.

Additional Details:

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

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