PRICE DROP! Laundry Place Coin Laundry

Chicago, IL (Cook County)

PRICE DROP! Laundry Place Coin Laundry
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Asking Price: $39,000

Cash Flow: N/A

Gross Revenue: $40,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $2,880 /Month

Established: N/A

PRICE DROP! Laundry Place Coin Laundry

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Business Description

Laundry Place is a great owner operator business. This Laundromat is located in the northwest part of the city, which has the great demographics you need for a successful drop-off laundry as well as self service laundry. The owner has remolded and repaired all the deferred maintenance and developed a good, repeat business since taking over a failing business. There has been positive gaines and a vision for achieving a positive cash flow in the very near future. This laundromat is a very good way to get into this business with all the infrastructure in place. The reasonable lease for this laundromat also includes water incorporated in the monthly rent! All you will need are some newer dryers and a couple of larger washers and a positive advertising and promotional campaign to bring this to a profitable level. New owners should be willing to work in the store during the attended hours. There are automatic door locks and video cameras. This is located in a busy strip center with other successful business. There is plenty of parking in the front of the store. This store is ready to go and should provide a great starting business. Buyers should be prepared to pay cash for the purchase. Sources are available for leasing new equipment with no money down.

Detailed Information

Location:
Chicago, IL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
N/A
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(from currently available funds)
 
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John Vassiliades

Business Listed By:
John Vassiliades

J. Vassiliades & Company

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