Listing Number: 041621-733777
Description
This established, well-maintained coin-operated laundromat is located in the vibrant Rogers Park neighborhood of Chicago. Featuring 45 washers and 36 dryers in excellent condition, the business has undergone recent substantial improvements, making it a turn-key operation with a strong foundation for further growth. The new owner will benefit from a low-maintenance setup with minimal daily involvement, as the owner currently spends just a few hours per week at the location. There’s also potential for increased revenue through additional services such as wash-and-fold or selling detergents.
With automation features like self-locking doors and a security system in place, this laundromat offers a semi-passive income stream. The value lies not only in the equipment but also in the lucrative, steady cash flow it generates. This is a prime opportunity for someone seeking a profitable, low-maintenance business that’s ready to continue generating income from day one. Don’t miss out on this turn-key operation with great growth potential!
Listing Details
- Price: $ 315,000
- Down Payment: $315,000
- Sellers Discretionary Earnings: $ 57,000
- Total Sales: $ 185,000
- Location: Cook County, Illinois
- Inventory: $ 0
- FF&E: $ 450,000
- Employees: 1
- Reason for Selling: Moving on
- Category: Cleaning
