John Vassiliades

J. Vassiliades & Company

Phone: (708) 878-1020

Fax: 312-602-4961

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806 Keystone Avenue,
River Forest, Illinois 60305 (View Map)

About the Company

Broker Biography

John Vassiliades (708) 878-1020


Company Information:
J. Vassiliades & Company is the most complete source for buying or selling a coin laundry in the Chicagoland area. We offer our buyers and sellers the benefit of working with a company that has over thirty years of experience building and operating coin laundries, as well as assisting coin laundry buyers and sellers.

We appreciate the independent business owner and the individual looking to invest in an opportunity for their future. It is our mission to help you realize your business, personal and financial goals through the sale or acquisition of a coin laundry.

We also provide comprehensive real estate services specific to coin laundries. We provide customers with expert lease and option negotiation calculated to add value to your coin laundry. Our brokers can also assist you with purchasing or selling commercial property. We offer all our customers the expertise necessary to buy and sell smarter.

Above all, at J. Vassiliades & Company we are always available to you. If you would like a free verbal evaluation of your business or if you are interested in learning more about owning a coin laundry email or call us directly at (708) 878-1020 We look forward to hearing from you.

John Vassilides started his career in the coin laundry industry over thirty years ago. In this time John has successfully ventured into every aspect of the coin laundry industry. He has been a multiple store owner as well as having worked as a commercial equipment distributor, manufacturer{s representative, business broker, volunteer and executive of the non-profit industry association. As founder of J. Vassiliades & Company, he is a licensed business and real estate broker solely responsible for brokering the sales of over 800 coin laundries.

Most recently John had been serving the international community of coin laundry owners, manufacturers and distributors as the Executive Director of the Coin Laundry Association (CLA) and CLA{s Insurance Program, which he personally founded out of the need to provide reasonable insurance coverage to the underserved coin laundry business community. Before John was running CLA, he was a longstanding volunteer member of the Board of Directors and was elected the Executive Board Chairman in 1990 and 1991. He has been presented with numerous awards for his volunteerism and contributions to the coin laundry industry.

In addition to offering coin laundry owners business and real estate services through J. Vassiliades & Company, John operates WashPro Inc. to provide customers with a full range of business services specific to owning and operating a coin laundry. John is now providing customers with information and services enabling them to increase profits, evaluate a store before purchase, layout and design a store, create the proper equipment mix for a store and negotiate a favorable lease. John is also experienced in new store construction, remodeling, upgrades and repairs. He can also provide store owners with the right new or used equipment for their store.

It is very important to John to be able to work one-on-one with business owners and new investors on every aspect of their business in order to ensure the long term goals of their life{s work.

For more of our Coin Laundry listings please go to or call us at 708-878-1020. We also specialize in equipment and buidling new coin laundries.

Areas Served

Cook, IL

Business For Sale Listings

Cash Flow: $132,497 
Montgomery, IL 
New Era Laundry And Building, Montgomery, Il New Era Laundry And Building, Montgomery, Il Includes Real Estate

Yes, that is correct, this beautiful building is included in the price. This laundry is located in the Village of Montgomery, a community just south of Aurora that boots great demographics for the laundry business. The property has 109.2 feet of frontage on Montgomery Road with a depth of 157.78 feet. This site contains 17,230 square feet of area and the building has 4,452 Square feet. This laundry has outstanding visibility and has ample private parking directly in front of the building. This eleven year old building and business is well established in the community and also does drop-off laundry, has lottery, candy vending, snack and pop More info

Montgomery, Illinois Coin Laundry and Laundromat Businesses for Sale
Cash Flow: $179,825 
Wheaton, IL 
Wheaton Super Wash Coin Laundry, Wheaton, IL Wheaton Super Wash Coin Laundry, Wheaton, IL Includes Real Estate

Strip Shopping Center is included in this price. This laundry is located just off the very busy Roosevelt Road in the great town of Wheaton. It had outstanding visibility and is right in the middle of the exact, well diversified, demographics that you need for the laundry business. This well established laundromat also does drop-off laundry, drop-off dry cleaning, coffee vending, snack and pop vending and big box soap sales. The equipment mix is designed for Small and also large loads, all of the equipment is new or newer and is well maintained. All this laundromat needs is a good manager/owner to bring it to the next level. This store is More info

Wheaton, Illinois Coin Laundry and Laundromat Businesses for Sale
Cash Flow: $94,000 
Chicago, IL 
Westhaven Coin Laundry Westhaven Coin Laundry

This is a 5,000 sq. ft. laundromat located in a dynamic west side area of Chicago. It is loaded with newer washers and dryers. Washers range from 18# to 75#. There is a complete service bar with big box soap sales, snacks, and Lottery sales. Located on the busy main street of Western Avenue next to Shell Station and a McDonalds in the heart of Chicago. This laundromat is housed in its own free standing building with plenty of off street private parking. There are solar panels on the roof to help heat the water which is a big savings in the gas bills. This is a full service Laundromat with very friendly and experienced employees providing drop-off laundry and pick up and delivery in More info

Chicago, Illinois Coin Laundry and Laundromat Businesses for Sale
Cash Flow: $54,317 
Oak Park, IL 
View Details 
Village Laundromat

Great opportunity to get into the laundromat business with its own building. This laundromat has been owned by the same owner for over 30 years and has seen a steady and profitable money stream. Owner is ready to retire and would like to pass on this money maker to the next owner. This laundromat is housed in its own beautiful freestanding building with plenty of parking in its own, easy-to-get-to, rear lot. Located on the busy Chicago Avenue in the well known suburb of Oak Park, it is very convenient for all of its many customers. This is a full service Laundromat with very friendly and experienced employees. This low sale price is your opportunity to be able to take over a fully More info

Chicago, IL 
View Details 
FOR SALE! Specialty Bike Shop

Established, nationally recognized triathlon specific bike shop for sale in the Chicago area. Customers come from all over the world to visit. This shop is conveniently located near a major highway with ample parking. The 5000 square foot space has a large retail showroom, full service department, fit studio, indoor cycling studio, and tons of storage. The owner is willing to train the Buyer in the operation of this business so you do not have to have any previous knowledge of the business, just a willingness to own and operate your own. More info

Cash Flow: $40,200 
Northbrook, IL 
View Details 
New Laundromat Listing, Northbrook Laundry

Once in a lifetime opportunity! This is easily the best and nearest Laundromat in the Northbrook/Glenview area with the most impressive self-service laundry facility you will ever see. This Laundromat is equipped with up-to-date, well-maintained washers and dryers. The folding tables are spacious and clean. This is a full service Laundromat with very friendly and experienced employees. There is WiFi that makes your laundry experience pleasurable. Drop-off laundry service is also available which is the fastest growing portion of this business. This laundromat is equipped with a very modern debit card system, where the customers purchase their own debit card and re-use this card for every More info

Cash Flow: $63,262 
Chicago, IL 
View Details 
Spin Cycle Laundromat, Chicago

This Laundromat sits in the middle of Chicago's North West Side. The demographics show a good mix of laundromat hungry families. This Spin Cycle was one of 27 Spin Cycles built in the Chicagoland area. They were part of a chain of laundromats that were known for the quality of their infrastructure and their good choice of locations. The store looks great, but it does need a bit of updating. It is located in a small strip-center, on the very busy Milwaukee Avenue, with plenty of parking right front. The ownership is selling this store because they want to retire. That makes this a great opportunity for someone to continue this profitable business opportunity. The owner is willing to train More info

Cash Flow: $16,298 
Minooka, IL 
View Details 
The Clean Machine Laundry, Minooka, IL

The Clean Machine Laundry, Minooka, ILSale Price: $55,000115 West Mondamin, Minooka, IL 60447Begining Buyers, this may be for you! This is one of the easiest laundromats to manage and operate. The laundromat is an un-attended laundromat. There is an automatic door lock that opens the door at 5 am every morning and closes at 12 midnight. This laundromat has been operating for many years under the same ownership and has had shown consistent sales. This is a very clean laundry serving its neighborhood customers. The store looks great, it is up to date and is located on a busy main street of this rural town, with plenty of parking right in front. The owner is moving to Idaho and cannot More info

Cash Flow: $25,635 
Joliet, IL 
View Details 
Wishee-Wash Laundromat with Building

This is a trouble free, un-attended laundromat with its own building and parking lot, located on a busy intersection of Joliet, IL. The washers and dryers are newer and well maintained. If you are looking for a part time business, this may be for you and you can own the real estate. More info

Cash Flow: $23,953 
Des Plaines, IL 
View Details 
Quick Wash Laundromat, Des Plaines, IL

Located on the busy main street of Des Plaines, it is very convenient for all of its many customers. This Laundromat is housed in its building with several other business and there is ample parking in the front. This is a full service laundromat with very friendly and experienced employees. They offer a drop-off laundry service that is growing for day to day. This laundromat is equipped with all the equipment that is needed to do excellent quality laundry. It has a complete video surveillance system so that the owners can keep track of the operations any time and any where. If you are looking for a laundromat that is easier to operate and has a low entry point, this is the one. Call now for More info

Cash Flow: $25,232 
Bensenville, IL 
View Details 
Grand Cleaners and Laundry

This laundry is located in a very busy little shopping center near one of the main intersections of Bensenville. This well established laundromat also does drop-off laundry and takes in dry cleaning that is processed at a wholesale dry cleaner. The equipment is a mix between new and older equipment, all of which is well maintained. All this laundromat needs is some remolding to bring it to the next level. This laundry is an excellent way to get involved with this industry with a smaller investment. This opportunity is best suited for a owner operator. More info

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