Recession Proof Laundromat & Real Estate

Not Disclosed, CO

Northern Colorado

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: $50,000
Real Estate: $450,000
Year Established: 1995
Employees: 1
BBN Listing #: 728810489
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.). This profit is AFTER fair market rent is paid to same owner. So real estate is supported by this business.

Current owner runs business remotely; a local Manager in place to oversee day-to-day operations (lockup, cash). A separate company is used to clean facility. This is a great business for a person that lives in Larimer, Weld or Boulder County and can visit the building on occasion. If the Owner chooses, they can keep more of the management fee by managing the business; they could also keep the cleaning fee.
This is the ONLY laundromat in an area serving population of 30,000+ and growing rapidly with many apartments being built. Recession proof business with opportunity to grow revenues through improvements, added services and price increases.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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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