Only Laundromat in Leadville Colorado

Confidential, CO

Asking Price: Annual Revenue:
$307,000 $194,050

Services: Dry Cleaning & Laundry

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RE: Only Laundromat in Leadville Colorado Broker: Ed Sadler

Quick Facts

Asking Price: $307,000
Annual Revenue: $194,050
Net Profit: Not Disclosed
Cash Flow: $99,300
Total Debt: Not Disclosed
FF&E: $140,770
Real Estate: Not Disclosed
Year Established: 1964
Employees: 4
BBN Listing #: 153262647
Broker Reference #: COLSPCO001-N5

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Business Overview:

This is the only laundromat in Leadville and the cost to open a new one is prohibitive; there has been no competition for years. The business for sale includes 24 washers of varying capacity and 24 dryers. There are also 4 coin-operated showers catering to the summer tourist industry. There are several potential growth opportunities including further development of commercial accounts from nearby resorts such as Copper, Breckenridge, Keystone, Vail, Beaver Creek and Aspen. This 58 year old business will appeal to buyers seeking an easy-to-operate business with a steady cash flow, no inventory costs or accounts receivables to deal with. Seller owns the property (not included in the sale) and will negotiate a new lease with the buyer. The premises are about 1,700 square feet. There are 24 washers and 24 dryers, all of which are properly maintained and serviced regularly. There also 4 coin-operated showers. New hot water systems and a camera surveillance system have been installed and they are included in the sale.

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Reason for Selling:

Owner is Retiring

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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