This laundromat is located in an area where the demographics are conducive for coin laundry service. Located on busy Algonquin Road, this store has good exposure, is clean and well maintained. There has been a recent lighting upgrade with all new T8 tubes. This is a great store if your just getting into the business and the price is right.
Here is a laundromat with a building and a parking lot ready for an enthusiastic owner to take this business to the next level. The current owners are retiring from the laundromat business. There is a wide range of washers and dryers. The building is large enough to add other income streams. Where can you buy a building and business for $149,000? The owner may also finance with 50% down and good credit.
for the past 5 years the business has been growing in average of 10% a year and has a potential to grow even moor.The business has 2 vans . We do home pick up and deliveries in near by areas. We also service large corporations in downtown Chicago providing dry cleaning service for their employees.
Olympia Fields, IL
Gross yearly sales $326,800 Yearly expenses $135,200 = NET PROFIT $191,650
No experience needed. Anyone can run this business. This is a drop store only. Which means there is no plant on site. The wholesaler does all the work for you and cleans all the clothes. (The new profit would be reduced to $75,800 If the new owner does not own a clean plant and is going to pay a wholesaler.)
LOCATION: South Cook county. The Business is located on a very busy 4 lane road next to a Dunkin Donuts.
TIME IN BUSINESS: 22 years
Reason for selling: Moving
$$$$$$ ***** $$$$$
Owner shall finance
High Volume, includes one main store, one satellite location and
pick up route..
All Equipment, worth over $300,000
NET CASH FLOW $180,000
Chicago Bridgeport Area, IL
Gross Sales $340,000,
Run by Employees, Managed by Absentee Owner
Rent including RE Tax *and CAM about $9,000
Located in Strip Center, Anchored by Walgreen, McDonald's,
Bank Financing Available.if you qualify
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