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Featured Listing
Asking Price: $99,995

Well-Known and Established Dry Cleaning Business

Not Disclosed, VA
Loudoun County

Excellent opportunity to own a dry cleaning drop-off and pick-up business located in the eastern part of Loudoun County. The business is well-established having served the community for over 30 years and is located in a popular and growing part of Northern Virginia. The business has good visibility and easy access from prominent thoroughfares. This greater area has seen continued growth and development with residential housing, condos, and apartments as well as many condos and apartments under construction nearby.The business is situated on the ground floor of a professional office building with excellent visibility and accessibility from the surrounding shopping center. The business has good signage and a 24 hour drop-off box for customer convenience. There are several well-known anchor businesses including a number of national brands and many other complementary stores in the immediate vicinity. There is also a significant residential presence in the general area. The landlord provides great service and promptly responds to maintenance calls and maintains all the landscaping and flowers in front of the business. The space is leased for the Rent of $4,160/mo, plus CAM of $261 with a couple of years left on the existing lease and the landlord is willing to provide an option to extend. Please note, in this case, CAM INCLUDES UTILITIES: electric, water, A/C and heating (not telephone/Internet) and also includes building inside/outside maintenance including snow removal. (CAM may change year to year, all tenants contribute).The commitment to courteous service with fair prices has enabled the business to grow and expand over the years while maintaining high quality dry cleaning, laundry, and alterations services. The business has a fantastic reputation with a loyal customer base making this a true turnkey opportunity that’s ready for a new owner.

Cash Flow $67,205
Revenue $215,403
$ Owner Financing Available

Featured Listing
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.

Cash Flow Not Disclosed
Revenue Not Disclosed
$ Owner Financing Available

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