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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.
Store Information:Sellers are willing to lease-purchase the Property for only $20,000 down!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.Demographic & Geographic Information: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 $20,000 down, 9% interest rate, and 25-year amortization! Contribute towards the Property remaining balance! Buyer will have to pay the remaining balance within 3 years from the Closing Date.
Are you ready for the perfect starter laundromat?  This is it.  This average size laundromat has over 50 washers and dryers.  There are many other pieces of equipment such as laundry carts, coin changer, vending machines, security cameras, computer, and more.  This place is open short hours and you could really expand them. There is a ton of parking. Drop off service sales could explode if you promote it. The owner will train you. Tax return revenue of about $100,000.  This is a coin laundry and not the "card system." You will love all the apartments nearby. Contact Jeff Highfill seven days a week
Spartan Floor Coatings® is a rapidly expanding concrete coating franchise built for owners who want a scalable, high-margin home improvement business backed by real systems, real support, and a proven model. Spartan specializes in professionally installed concrete coating systems for garages, basements, patios, pool decks, walkways, and commercial spaces—delivering premium transformations, American-made products, and a reputation built on performance, not shortcuts.
This is a company that offers:-Full-Service Restaurant-6 Gaming Machines with a Bar-Fully Functioning Laundromat-Large Garage Space-Full Living Quarters-Extra Acres of Land-Growth OpportunitiesThis is a fully newly remodeled 7200 sq ft building with excellent growth opportunities! It offers a full restaurant, laundromat, and video gaming and bar. Along with all that there is a beautifully remodeled living quarters attached with a large garage and outdoor covered patio. There is also 1.2 Acres in the rear of the property to build or expand the business. The opportunities here are endless and exciting!The business was established in 2022. Recently, and unfortunately the owner's wife is dealing with some medical complications that will lead them to not being able to run the business anymore. He and his wife are also just looking to enjoy retirement. The new owner will need to be an active operating manager of the company and might want to hire a part-time or full-time person to run the restaurant and gambling side of the business. Current owner is willing to stay on in this capacity as well to help the new owner both transition and help with future needs.
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!
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