![]() ![]() Search Through Business Listingsīe proactive in the process of finding a business for sale by searching through your brokerage firm’s listings and using listing websites. Connect with a Business Brokerīuild a relationship with a broker and have a conversation about the criteria you’re looking for in the dry cleaning or laundry industry. What is the Process of Purchasing a Laundry or Dry Cleaning Business? Step 1. ![]() Typically, with a laundromat the washer and dryer machines are leased equipment and can be assigned to the new owner as part of the sale. Is the Equipment Usually Included in the Sale?Įach business listed for sale has its own unique situation, so whether the laundry business equipment and inventory is included in the sale will depend on the specific business. The advantages of buying a laundromat in Colorado include the transfer of laundry equipment like coin operated machines, an existing lease contract in Denver, Colorado, and staff or management employees. Buying a laundromat in Colorado is a great way to reap the advantages of owning a laundromat while circumnavigating the difficulties of starting up a laundry business. The laundromat business model has existed for a long time and is a mature industry that is still growing. Why Should You Think About Buying an Established Laundromat Business? Buying a laundry service business is a great way to tap into an existing model and focus on fine tuning the business strategy to continue to grow the revenue and expand the business. This range will be based on business location, the population density in that area, and other characteristics of the location. Is a Laundromat Business a Profitable Business?Īccording to the Coin Laundry Association and our experience, laundromats for sale in Colorado can cash flow between $15,000 and $300,000 annually. Buying an established laundromat for sale in Colorado gives a business owner immediate access to cash flow, laundromat customers, and a steady service related business. Laundromats and coin laundries are part of the self-service laundry business. Schedule a Consultation Contact Us What Are The Benefits of Buying a Laundromat or Dry Cleaner in Colorado? If you’re ready to Buy a Business in Denver, schedule a consultation with a Business Broker or contact us at 72. The best place to learn about buying a laundromat in Colorado is to visit our Buyer FAQs page. The Denver business brokers with Transworld Business Advisors can help you own a laundromat by buying a laundromat business or connecting you with a laundromat franchise. A laundromat can offer multiple business models to a buyer including a franchise laundromat business, self-service laundry, owner-operator laundry business, and even a semi-absentee or absentee business. The laundry business is steadily growing especially in densely populated locations like the Denver Metro Area. Buying a Laundromat in Coloradoīuying a laundromat for sale in Colorado represents an opportunity to buy into a highly established and stable industry. ![]() Clean clothing can be considered a basic necessity of life, which makes laundromats a key component to the economic landscape in the Rocky Mountain Region and beyond. Populations with high rates of apartment renters and densely populated areas, like Denver and the greater state of Colorado, are good markets for laundry based businesses. Laundromats and coin operated laundries are a unique business model that can survive well in depressed economies and periods of economic growth. Buy a Laundromat or Dry Cleaning Business ![]()
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