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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.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.