Profitable, Low-Maintenance Laundromat In Chicago
Not Disclosed, IL Cook County
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- RE: Profitable, Low-Maintenance Laundromat In Chicago
- Contact: Mila Lazar
Quick Facts
| Asking Price: | $345,000 | |
| Annual Revenue: | $185,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $57,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $450,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 984622 | |
| Broker Reference #: | 041621-733777 |
Business Overview:
Well-established coin-operated laundromat in the vibrant Rogers Park neighborhood of Chicago offers an excellent opportunity for a passive income investment. Featuring 45 washers and 36 dryers, this laundromat is designed for efficiency and convenience, attracting a steady flow of customers. The business is fully equipped and has made recent substantial improvements, making it a turn-key operation for a new owner.
This laundromat is a prime opportunity for someone looking for a hands-off operation and low-maintenance income stream. With automation in place, including the self-locking doors and security system, the operation requires minimal daily management. The recent capital improvements significantly enhance the value of the business, while the prime location in Rogers Park ensures a steady customer base.
Don’t miss the chance to invest in a reliable, turn-key operation, ready to continue generating income for a new owner!
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Reason for Selling:
moving onAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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