Commercial Building and Two Coin Laundries

Durango, CO (La Plata County)

Seller Financing Available
North Main Corner 30th St
Contact Seller

Asking Price: $825,000

Cash Flow: $100,000

Gross Revenue: $214,000

EBITDA: $71,000

FF&E: $75,000

Inventory: $5,000*

Real Estate: $650,000

Established: 1950

*not included in asking price.

Commercial Building and Two Coin Laundries

Save Print Share Valuation Report

Business Description

Established in 1950 and represents 50% of market share

We are retiring and ideally would like to sell entire package ($825k) however we will consider selling separately to reach our goal. Price includes two businesses (North Main Laundry and Town Plaza Laundry) and real estate at 2980 Main Avenue (location of North Main Laundry). Both businesses are in great locations to attract tourists and locals.

North Main Laundry (2980 Main) = 3500 Sq ft building plus real estate. This property includes 900 square feet leased space to tenant plus 2600 sq ft coin operated. North Main Laundry (established in 1950).

Town Plaza Laundry at (36 Town Plaza) = 1500 square foot business under terms of lease. Long term lease on 5 year renewable terms. Has been in place for over 60 years. Located in strip mall downtown, Town Plaza Shopping Center. Best location. Asking $95k for this business.

Both laundries together gross $214k (includes both businesses and rental income from North Main tenant). The businesses are located approximately three miles from each other.

Detailed Information

Durango, CO
Not included in asking price
Real Estate:
Included in asking price
Building SF:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Available upon request (Home Based)
Represent 50% of market share of laundromats in Durango, Colorado. There are four coin operated laundries in town.
Growth & Expansion:
Growth may be provided by adding commercial service, wash & fold, diaper service and or pick up/delivery.
May Consider financing with 40-50% down payment
Support & Training:
not available
Reason for Selling:
Retiring after 29 years
This business is Home-Based
Business Website:
Contact Seller

Business Location

Contact the Seller

Contact Seller Loading

Business Listed By:
Richard Andrews

Show Phone Number

Listing Statistics


Demographic Information


Real Estate Insights


Metro Area Scores


Ad#:1494778 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Similar Listings


Franchise Opportunity
Cash Required: $60,000