COLORADO · NAICS 812310
Colorado laundromat projects pencil across the dense Denver and Colorado Springs metro cores and the Front Range corridor towns. Studies translate utilization, equipment mix, vend pricing, and route economics into projections, and reconcile build-out and utility costs against coverage where the cash-flow profile is the underwriting anchor.
FEASIBILITY TRIGGER
Laundromats are cash-flow-underwritten deals where lenders require utilization analysis when history is thin.
SBA 7(a) and 504 lenders funded 48 laundromat projects across Colorado between FY2010 and FY2026, moving $21.8 million in approved capital at an average ticket of $454,000. That volume places Colorado at #13 of 38 states measured for laundromat SBA activity, or 1.3% of national laundromat dollars. The 7(a) program carried 97.9% of the loan count, with 504 taking the balance, and 6 approvals have hit the pipeline since FY2024.
| Disbursed loans (FY2010–FY2026) | 48 |
| Approved volume | $21.8 million |
| Average loan size | $454,000 |
| 7(a) share | 97.9% |
| Approvals since FY2024 | 6 |
| State rank by loan count | #13 of 38 |
Among the 35 seasoned loans in this segment (approvals FY2010–FY2021), 2.9% reached adverse resolution — purchased, liquidated, or charged off. The national benchmark for laundromat is 4.0%, against 7.3% across all industries. That performance runs below the national benchmark for this asset class, a credit-positive signal for lenders.
Source: SBA 7(a) and 504 FOIA loan-level data, as of March 31, 2026. Disbursed loans only. See data methodology.
A 2.9% adverse-resolution rate below the national laundromat benchmark of 4.0% supports the credit story for well-underwritten Colorado projects in this class. Across 48 SBA loans averaging $454,000, that track record does not eliminate the need for a third-party feasibility study, but it means a rigorous study reinforces rather than defends the projections.
Every Colorado laundromats project we underwrite follows the same lender ready process: independent market analysis, site and technical review, and financial projections tested against SBA SOP 50 10 8 standards. Our SBA feasibility study consultants guide explains scope, timing, deliverables, and what lenders and CDCs expect in the report.
Colorado projects most often pencil under SBA 504 because the 50/40/10 structure delivers up to 90 percent financing on owner-occupied real estate at a fixed debenture rate, decisive in a state where Front Range land costs run high. SBA 7(a) covers acquisitions, working capital, and equipment, and from July 4, 2026 eligible borrowers can combine 7(a) and 504 for up to $10 million in total program credit.
Dense Front Range urban cores carry the utilization profile that supports laundromat underwriting.
For a national view of this asset class, see our laundromat SBA feasibility overview, and read our related analysis in the laundromat lending research on our blog.
Compare neighboring markets: California, Connecticut, Texas.
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