Business For Sale

Coin Laundromat/Wash-Dry-Fold Business

Not Disclosed, IL
Cook County


Asking Price: Annual Revenue:
$700,000 Not Disclosed

Services: Dry Cleaning & Laundry


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RE: Coin Laundromat/Wash-Dry-Fold Business Broker: Edward Maciariello,CFB
Owner Financing is Available!
You will need $160,000 liquid cash to put down and a Net Worth of $450,000 to Qualify for financing with your good credit.

Quick Facts

Asking Price: $700,000
Annual Revenue: Not Disclosed
Net Profit: $240,000
Cash Flow: $240,000
Total Debt: Not Disclosed
FF&E: $615,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 446755056
Broker Reference #: Cook County, Illinois

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Business Overview:

THE PERFECT SEMI-ABSENTEE OWNER BUSINESS - RECESSION PROOF – E-2 VISA ELIGIBLE.

OWN THIS BUSINESS WITH AS LITTLE AS $160,000 DOWN!

This is an Established Franchise Coin operated Laundry/Wash-Dry-Fold Business. This business makes you money when you are not around! $$$

Full time Attendants, Free Wi-Fi for customers, Clean/Well Lit & Well Maintained Store, Top Name High efficiency Coin Operated Washers and Dryers, also offering Wash-Dry-Fold Services.

Long-term training and support are provided by the Franchisor. Absolutely no prior Laundromat experience is needed and is required to operate this Franchise.

Buyer must qualify (with Franchisor company) to assume a Franchisees role.

No Brokers Please

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Store size is approximately 4,300 plus sq. ft., great long term lease, high traffic count, densely populated. ASKING PRICE INCLUDES: All Laundry Equipment (washers/dryers), bill changers, carts, Vending machines for laundry detergent & softeners, benches, security system with cameras, laundry tables, chairs, Signage (interior and exterior), all leasehold improvements and much more.

Market Competition and Expansion:

RECESSION PROOF BUSINESS! Today’s coin laundry industry is a strong and vibrant one. Even more appealing is the fact that this dependable public service industry continues to grow and thrive. The public will always need this basic health service – “people always need to wash clothes!”

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

Relevant Links:

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