Buy a Laundromat in Colorado Springs, CO

The Colorado Springs Laundromat Market

Colorado Springs is the second-largest city in Colorado, with nearly 483,000 residents and a median household income of $83,198. The military presence, steady population growth, and mix of older apartment stock make it a reliable laundromat market.

Renters drive laundromat revenue. Colorado Springs has a renter population large enough to support multiple locations across the city, particularly in neighborhoods near Fort Carson, Peterson Space Force Base, and the older residential corridors along North Academy and South Nevada.

Military-adjacent markets tend to produce consistent volumes. Transient populations cycle through regularly, and turnover in rental housing keeps demand steady without being tied to any single employer or economic cycle.

As of Q1 2026, there are 123 laundromat listings nationally on major broker platforms, with Colorado Springs representing a fraction of that inventory. That limited local supply means quality assets here do not sit long.

How Much Does a Laundromat Cost in Colorado Springs?

The full market range runs from roughly $78,000 for a distressed or underequipped location to $5,750,000 for a high-volume multi-location package. Most serious buyers should focus on the $400,000 to $800,000 band where the deal math works cleanly with SBA financing.

An average multiple of 4.0x puts most deals squarely within SBA's comfort zone. Below 3x is a great deal. At 4x to 5x, the structure matters more, which is where a clean seller note on full standby becomes critical to hitting your DSCR.

Deal Economics: Running the Numbers

Here is how a typical Colorado Springs laundromat acquisition looks at the median price point. These are estimates based on Q1 2026 market data. Actual terms depend on individual qualification and lender.

A 2.1x DSCR clears our 2x target with room to spare. The seller note on full standby at 0% interest is a structure Regalis Capital achieves on over 90% of its deals. No payments on that note during the SBA loan term keeps cash flow in the business where it belongs.

The equity injection is $50,000 total, structured as $25,000 in buyer cash and a $25,000 seller note on standby acting as equity. That is the SBA minimum at 10% of the acquisition price.

What Should You Look For When Buying a Colorado Springs Laundromat?

Laundromats are one of the few business types where revenue can be independently verified without relying on tax returns alone. Utility bills are your best friend here.

Water, gas, and electric consumption should correlate directly with machine usage and cycle volume. Ask for 24 to 36 months of utility statements. If the seller cannot produce them or the numbers do not line up with reported revenue, walk away.

Other things worth scrutinizing:

Equipment age and condition. Washers and dryers have a useful life of 12 to 15 years with proper maintenance. A location packed with 10-year-old machines is a capital expenditure waiting to happen. Price it in.

Lease terms. You are buying cash flow tied to a physical location. A lease with less than 5 years remaining and no renewal options is a serious risk. The SBA will flag it too.

Card versus coin. Card-operated systems give you transaction data, which makes revenue verification cleaner and simplifies reporting. Coin-only operations are not disqualifying, but they require more forensic work on the revenue side.

Attendant model versus unattended. Unattended locations run at higher margins but require newer, well-maintained equipment and strong security. Attended locations are more labor-intensive but tend to retain customers better and generate ancillary revenue from wash-and-fold services.

Colorado Springs has a dry climate, which affects machine wear differently than humidity-heavy markets. Factor in the altitude when assessing HVAC needs for the space and ventilation requirements for dryer exhaust systems.

Can You Get SBA Financing for a Laundromat in Colorado Springs?

SBA 7(a) loans carry a 10-year term for business acquisitions. Based on current rates in Q1 2026, expect approximately 10% to 11% interest, calculated at WSJ Prime plus 1.5% to 2.75%. The rate environment makes DSCR discipline non-negotiable. Running the math at 2x or better before you go to a lender saves time for everyone.

Laundromats score well with SBA lenders because revenue is largely cash-based and consistent. The challenge is documentation. Buyers who come in with three years of utility bills, a clean lease, and an equipment inspection report move through underwriting faster.

Frequently Asked Questions

How much does it cost to buy a laundromat in Colorado Springs?

As of Q1 2026, the median asking price is $500,000 based on national averages. Prices in Colorado Springs range from roughly $78,000 for distressed assets to over $5,000,000 for high-volume operations. Most buyers using SBA financing target the $300,000 to $900,000 range where the deal math supports a 2x or better DSCR.

What is the typical cash flow for a Colorado Springs laundromat?

Based on Q1 2026 national data, the median cash flow is approximately $140,000 per year, which implies a 3.6x multiple at the median asking price. Actual cash flow depends heavily on location, equipment age, hours of operation, and whether the business offers ancillary services like wash-and-fold.

How do I verify revenue for a laundromat before buying?

Utility bills are the primary verification tool. Water, gas, and electric consumption should track directly with machine usage. Ask for 24 to 36 months of utility statements and cross-reference them against reported revenue. Card-system transaction logs add another layer of verification for locations that have already moved off coin.

What lease terms does the SBA require for a laundromat acquisition?

SBA lenders generally require the remaining lease term, including renewal options, to cover the full loan period. For a 10-year SBA loan, you typically need at least 10 years of remaining lease or renewal rights. A lease expiring in three years with no renewal option will create underwriting problems and should be renegotiated before closing.

How long does it take to close a laundromat acquisition in Colorado?

A typical SBA-financed acquisition takes 60 to 90 days from signed letter of intent to close. The timeline depends on lender processing speed, how quickly the seller provides documentation, and whether any lease assignment or landlord approval is required. Having utility records, tax returns, and equipment lists organized upfront cuts weeks off the process.

Talk to Regalis Capital About Buying a Laundromat in Colorado Springs

Regalis Capital's team reviews 120 to 150 deals per week and works with buyers specifically targeting laundromat acquisitions through SBA 7(a) financing. If you are looking at a Colorado Springs location and want help evaluating the numbers, structuring the deal, or sourcing off-market opportunities, start with a free deal assessment.

Start your laundromat acquisition in Colorado Springs

We handle sourcing, underwriting, lender placement, and negotiation. If the deal makes sense, we will tell you. If it does not, we will tell you that too.