Hot Listing
Laundromat in center with Wal-Mart Neighborhood Market
Business Description
ESTABLISHED LAUNDROMAT IN HIGH-TRAFFIC WALMART SHOPPING CENTER
This well-positioned laundromat presents an excellent opportunity for an owner-operator seeking a profitable business with clear upside potential. Located in a busy Walmart Neighborhood Market shopping center in El Paso County, Colorado, this established operation benefits from exceptional visibility and consistent foot traffic.
BUSINESS OVERVIEW
Established in 2003, this fully operational laundromat generates $127,731 in annual revenue and is currently managed as an absentee-owned business.
KEY ADVANTAGES
• Prime location in high-traffic Walmart shopping center
• Strong visibility and steady customer flow
• Minimal local competition with only one competitor within one mile
• $55,000 in fixtures, furniture, and equipment included
• Inventory included in sale
GROWTH OPPORTUNITIES
Significant upside potential exists for an engaged owner-operator through:
• Implementation of wash-dry-fold services
• Add on-site staffing and customer engagement
• Community involvement and targeted advertising initiatives
• Equipment updates and facility improvements
• Active promotion of specials and ancillary services
The current absentee management structure presents an immediate opportunity for hands-on ownership to maximize the business's potential and increase profitability.
FINANCIAL DETAILS
Asking Price: $300,000
Annual Revenue: $127,731
Cash sale only - no seller or SBA financing available
Detailed financials available to qualified buyers under NDA
The seller provides one week of remote support post-closing and is selling due to other business interests. This represents an excellent opportunity for an entrepreneur seeking a stable, established business with proven revenue and significant growth potential in a prime retail location.
This well-positioned laundromat presents an excellent opportunity for an owner-operator seeking a profitable business with clear upside potential. Located in a busy Walmart Neighborhood Market shopping center in El Paso County, Colorado, this established operation benefits from exceptional visibility and consistent foot traffic.
BUSINESS OVERVIEW
Established in 2003, this fully operational laundromat generates $127,731 in annual revenue and is currently managed as an absentee-owned business.
KEY ADVANTAGES
• Prime location in high-traffic Walmart shopping center
• Strong visibility and steady customer flow
• Minimal local competition with only one competitor within one mile
• $55,000 in fixtures, furniture, and equipment included
• Inventory included in sale
GROWTH OPPORTUNITIES
Significant upside potential exists for an engaged owner-operator through:
• Implementation of wash-dry-fold services
• Add on-site staffing and customer engagement
• Community involvement and targeted advertising initiatives
• Equipment updates and facility improvements
• Active promotion of specials and ancillary services
The current absentee management structure presents an immediate opportunity for hands-on ownership to maximize the business's potential and increase profitability.
FINANCIAL DETAILS
Asking Price: $300,000
Annual Revenue: $127,731
Cash sale only - no seller or SBA financing available
Detailed financials available to qualified buyers under NDA
The seller provides one week of remote support post-closing and is selling due to other business interests. This represents an excellent opportunity for an entrepreneur seeking a stable, established business with proven revenue and significant growth potential in a prime retail location.
About the Business
- Years in Operation
- 23
- Facilities & Assets
- The laundromat comes with 44 washers and 15 stacked dryers, all ranging in ages. Adjustments could be made to the equipment mix for more revenue and less down time.
- Market Outlook / Competition
- Only one competitor within 1 mile of this location.
- Opportunities for Growth
- The upside here would be adding wash dry fold services, on site staffing and community engagement activities along with some targeted advertising and sales will increase. The store needs an owner/operator or an attendant to be at the store for customer issues, cleaning throughout the day and promoting specials and ancillary offerings.
About the Sale
- Seller Motivation
- Other business interests
- Transition Support
- The owner offers 1 week of remote support.
- Financing Options
- Cash Sale Only. No seller financing or SBA finaincing
Listing Info
- ID
- 2471865
- Listing Views
- 1550
Listing ID: 2471865 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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