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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.
• $200,000 DOWN• Absolutely no prior Laundromat experience is needed and is required to oversee & own this Business, GREAT for the NEWBIE/INVESTOR just getting started in this Industry!!• Financing options available• Semi-Absentee Ownership - perfect for the Investor!• Absolutely no prior Laundromat experience is needed.• GREAT for the NEWBIE/INVESTOR just getting started in this Industry!!• Training and support are provided.• E-2 or EB-5 Visa friendly -- FINANCING NOT AVAILABLE FOR THIS OPTION.~ No Brokers Please ~
Sellers are willing to lease-purchase the Property for only 30% down! Bring less than $60,000 to the table!High visibility corner location!Building is 2,000 sq ft!Property is 0.14 acres!Building includes a second retail space! Huge potential to put in a game room! License is possible because there is an outfitted kitchen without equipment and gaming license requires space to serve food!Seller does not have up-to-date sales of the laundromat. A tenant stopped paying rent and has recently been evicted by property owners.Median household income is $59k! Perfect location to start a game room or restaurant in the second space!Average traffic count of 5,700 vehicles passing by the store each day!Near universities like Lewis and Clark Community College with over 2,400 students, CALC, Institute of Technology, SIU School of Dental Medicine school, and Central Elementary School with over 363 students.Near new housing development with a total of 146 units and apartment complexes like Metro Apartments at Wood River, Windham Terrace Apartments, Rocwood Ap, Township Village, and Emerald Ridge.Close proximity to St Clare's Hospital and Alton Memorial Hospital and offices like Global Brass & Copper Inc., Wieland Group, 360 Roll Works, and Koch Nitrogen Co.Only 30 min from St. Louis, MO! Only 1 h 20 min from Springfield, IL! 4 h 30 min from Chicago, IL!Asking Price for the Business and Property is $199,000!Lease Purchase Available for 30% down, 9% interest rate, and 25-year amortization! Only pay $1,336 NNN per month and contribute towards the Property remaining balance! Buyer will have to pay the remaining balance within 3 years from the Closing Date.If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com
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Prominent local dry cleaning business - with related property - delivering substantial sales and cash flow is ready for new owners!Investment highlights include:* Turnkey business provides a range of fabric cleaning, pressing and tailoring services.* Consistently generates substantial cash flow from large, local customer base.* Conveniently located on busy commercial and retail street with significant traffic flow.* Operates in a one-story building on a half-acre lot included with the business sale.* Well-equipped facility includes washers, dryers, fabric pressing stations and sewing machines as well as sorting bins, racks and storage for cleaning solutions, hangers and garment bags.The business is being offered with the real estate (building and property, with property being offered by Caton Commercial Real Estate Group (Caton) and Steven P. Eschbach as independent real estate agent with Caton as senior commercial broker), with an asking price of $300,000, making the total transaction value of $950,000.The retiring business owner is open to providing seller financing and mentoring to qualified buyers for a limited period of time.Call for more details!
How amazing would it be to make passive income from every uber ride in your city? NOW this revenue-sharing opportunity is available for you in the laundry service business. For sale is an area license for an app-based laundry and dry cleaning delivery service (owner absentee).For a fraction of the cost of a single laundromat, you’ll earn income from every laundry load and delivery done in your territory. You won’t be washing clothes or making deliveries personally. But you’ll profit on those who do. Lucrative avenues of revenue include: Territory licenses sold within your territory Owner/Operator licenses sold within your territory Overrides on every load of laundry and delivery in your protected territoryIn short, earn a thriving passive income without personally making deliveries or folding a single shirt (revenue amounts are used to illustrate potential).
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