Laundromat Property In Wood River, IL!
Wood River, IL Madison County
Wood River, IL
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- RE: Laundromat Property In Wood River, IL!
- Contact: Kavita Purohit
Quick Facts
| Asking Price: | $199,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1970 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 984659 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
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
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Market Competition and Expansion:
Only 30 min from St. Louis, MO! Only 1 h 20 min from Springfield, IL! 4 h 30 min from Chicago, IL!
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Illinois businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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