Seller's Contact Information

  • RE:  Long Established Laundromat/Building (4 Stores)
  • Contact:  Not Disclosed
Listing Update!
Update: Long Established Laundromat/Building (4 Stores)  is no longer available. We’ve included some similar active listings below that you may be interested in. You can also explore similar listings in the Services: Dry Cleaning & Laundry Industry.

Business Overview:

Long Established Laundromat with 25 Dryers and 17 Washers with 5,300 Square Feet of Building (4 Stores) on 035 Acre Lot and 20 Parking Spaces in Center of Town near Large Shopping Shopping Malls. Price Rire, Walgreens, CVS, Job Lot, McDonalds, Dunkin Donots and more. There is great potential for opportunity Growth. The current owner of Laundromat is not able to run laundromat due to other businesses and lack of experience in laundromat business. This will be a great opportunity for the new owner who has experience in the laundromat business. Potential income from real estate and laundromat business. Please contact us for more details >>

Reason for Selling:

Personal. Kindly ask the seller for more information.

Additional Details:

  • The property is owned.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

Relevant Links:

Opportunity Update!

Exciting update: Long Established Laundromat/Building (4 Stores) has a new owner due to high interest! More opportunities await. Explore our site for other listings or sign up here for email alerts. Find your perfect business opportunity today!

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Semi-Absentee w/Passive Income: Area Developer

Not Disclosed, IL
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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
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Not Disclosed, MD
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Not Disclosed, AZ
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