Laundromat for Sale, Low Rent
Business Description
Established Laundromat Opportunity in El Paso County, Colorado
This well-positioned coin laundry business presents an excellent opportunity for an owner-operator to acquire an established operation with significant growth potential. Operating continuously since 2003, this laundromat has built a solid foundation in the El Paso County market.
Business Overview:
- Annual Revenue: $33,426
- Asking Price: $60,000
- FF&E Value: $17,250
- Inventory included in sale
- Low rent structure providing favorable operating margins
- Currently operated as absentee-owned business
Location & Market Position:
Strategically located in El Paso County with minimal direct competition. The nearest competing laundromat is less than half a mile away but operates mostly unattended, creating an opportunity for superior customer service and market capture.
Growth Opportunities:
The business offers multiple avenues for revenue enhancement:
- Implementation of wash-dry-fold services
- Strategic advertising and marketing initiatives
- Community appreciation events to build customer loyalty
- Equipment upgrades from small to large chassis machines to accommodate customer demand
- Enhanced on-site management and customer service
The demographics in the area suggest strong potential for increased monthly revenue with proper attention and management.
Operational Details:
The current owner is transitioning focus to commercial laundry operations, creating this opportunity for a dedicated owner-operator. The business would benefit significantly from hands-on management and customer engagement.
Support & Financing:
Seller will provide one week of remote assistance for transition support. This is a cash purchase opportunity with no owner financing or SBA options available.
This laundromat represents an ideal entry point into the stable coin laundry industry with clear pathways for growth and improved profitability through active management and strategic improvements.
This well-positioned coin laundry business presents an excellent opportunity for an owner-operator to acquire an established operation with significant growth potential. Operating continuously since 2003, this laundromat has built a solid foundation in the El Paso County market.
Business Overview:
- Annual Revenue: $33,426
- Asking Price: $60,000
- FF&E Value: $17,250
- Inventory included in sale
- Low rent structure providing favorable operating margins
- Currently operated as absentee-owned business
Location & Market Position:
Strategically located in El Paso County with minimal direct competition. The nearest competing laundromat is less than half a mile away but operates mostly unattended, creating an opportunity for superior customer service and market capture.
Growth Opportunities:
The business offers multiple avenues for revenue enhancement:
- Implementation of wash-dry-fold services
- Strategic advertising and marketing initiatives
- Community appreciation events to build customer loyalty
- Equipment upgrades from small to large chassis machines to accommodate customer demand
- Enhanced on-site management and customer service
The demographics in the area suggest strong potential for increased monthly revenue with proper attention and management.
Operational Details:
The current owner is transitioning focus to commercial laundry operations, creating this opportunity for a dedicated owner-operator. The business would benefit significantly from hands-on management and customer engagement.
Support & Financing:
Seller will provide one week of remote assistance for transition support. This is a cash purchase opportunity with no owner financing or SBA options available.
This laundromat represents an ideal entry point into the stable coin laundry industry with clear pathways for growth and improved profitability through active management and strategic improvements.
About the Business
- Years in Operation
- 23
- Facilities & Assets
- The laundromat has 18 washers and 10 dryer units mixed between singles and stacks. the rent here is low at only $1060 per month for 1200 sq ft of space. There is room for improvement in the form of Wash Dry Fold services and someone on site to help customers and keep the store clean and safe. With the low entry price, this is a great first store for someone looking to get into the business or a great little store to add to an already existing laundromat portfolio.
- Market Outlook / Competition
- There is one other laundromat less than 1/2 mile away but it is mostly unattended.
- Opportunities for Growth
- You could add to the revenue by starting Wash Dry Fold out of the store. Some advertising and customer appreciation events could increase business as well. Changing some of the equipment to large chassis versus small chassis will increase revenue as well.
About the Sale
- Seller Motivation
- The owner is getting out of Self Serve to focus strictly on commercial.
- Transition Support
- The owner will offer 1 week of remote assistance.
- Financing Options
- Cash Purchase Only. No Owner Financing, No SBA
Listing Info
- ID
- 2491242
- Listing Views
Listing ID: 2491242 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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