![]() 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. The listing attracted almost immediate attention, especially on TikTok, where commentators zeroed in on the dance pole and one photo - now removed - of a windowless room furnished entirely with a dirty bare mattress.Buy a Laundromat or Dry Cleaning Business Gheen and Schley do agree, however one on thing: That it's time for Gheen to move on.Īfter his run-ins with the city, Gheen decided to sell the house and maybe buy a bar with the proceeds. ![]() Schley said "there's evidence that there’s still nightclub-style activity occurring on the property." Gheen said he stopped the parties after the citations. Then he built what we would define as a nightclub," Schley said. "The owner purchased the property and turned it into a single-family home, which is fine. The city of Zanesville also cited Gheen three times for operating a bar in a residential district, said Community Development Director Matthew Schley. ![]() He said he has heard rumors about more serious activity there, but has seen no evidence of it. Gheen was cited three times with disturbing the peace, a misdemeanor, Comstock said. There were a few random shots, drunk people, over there." He was jamming up the street with cars, they were rolling in at 2, 2:30 in the morning. "We usually have one, but usually they're on the edge of town. "He’d pretty much became our after-hours club," Comstock said. Zanesville Police Chief Scott Comstock said Gheen's home landed on the police radar early last summer. ![]()
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