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Asking Price: $350,000

Semi-Absentee w/Passive Income: Area Developer

Not Disclosed, IL
Cook County

This developer territory resale encompasses Cook, Lake, DuPage, and McHenry counties, with a population exceeding 9.1 million people. The territory includes forty-five (45) licenses and currently has a laundromat generating approximately $17,000 per year in passive income. An additional laundromat is scheduled to open soon, while two more are in the final stages of construction. The total price includes a license to open your own laundromat. On average, individual units generate $420,000 per year in revenue and net between $175,000 and $220,000 per year, depending on the degree of in-house financing utilized.As the developer, you will market to your area and qualify potential candidates. Once the Franchise Agreement is signed by the new franchisee, and in collaboration with the corporate team, you will assist in launching the franchisee and periodically monitor their progress throughout the year. The franchise resale is structured to be managed semi-absentee and presents an uncommon opportunity in the current franchise industry.Each new franchisee earns you $24,500. Selling 40 licenses can yield up to $980,000. You also receive 2.75% of the annual revenue per unit. On average, laundromats earn over $420,000 annually.The new owner gets the business manual, corporate website, training, support, marketing material, mentoring, and continuing education. Duties include marketing to potential store owners and working with the franchise company and franchisees to ensure their success.Given the territory's size and the fragmented competition, this is a great opportunity for someone with business acumen, sales and business development experience, and a strong sense of community.

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Cash Flow Not Disclosed
Revenue Not Disclosed
$ Owner Financing Available

Asking Price: $995,000

Solar Install with all Labor Sub-Contracted Out

Springfield, IL
Sangamon County

This solar business has been providing sustainable energy solutions to its clients within a 60-mile radius of Springfield. With a diverse client base, including small businesses (25%), residential clients (50%), and agricultural producers (25%), this business has also worked with non-profits and municipal clients. This reputable renewable energy company based in Springfield, Illinois, established in 2008, offers a comprehensive range of services, including consultation, site assessment, system design, project management, product procurement, and energy management. Operating from a leased office suite in the heart of downtown Springfield, with three offices. The company has a full-time project coordinator and a part-time diagnostic technician on its team. The current owner is involved in the day-to-day operations, providing general oversight, high-level sales, and administrative functions. The owner is planning to retire and is selling the business. The seller has offered to remain active in the daily operations for 6 months to 1 year post-close and is open to a consultant role following this transition. To sweeten the deal further, the seller has offered to carry 30% of the purchase price to show their vested interest in the continued success of the business moving forward. Growth opportunities include geographical expansion to increase market presence, onboarding additional installation crews and bringing an outside sales person to the team. They carry a Women Business Enterprise (WBE) designation, although the designation is not required post-close as they do not focus on public bid work.

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Cash Flow $520,846
Revenue $2,395,948
$ Owner Financing Available

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