John Vassiliades

J. Vassiliades & Company

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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: $57,000 
    Chicago, IL 
    Westhaven Coin Laundry PRICE REDUCED!

    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, IL 
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    Cash Flow: $116,000 
    La Grange Park, IL 
    New Listing Superior Cleaners & Farmwood Cleaners and Taylors New Listing Superior Cleaners & Farmwood Cleaners & Taylors

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    Cash Flow: $67,626 
    Waukegan, IL 
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    New Listing! Express Wash Laundry, Waukegan, IL

    Express Wash Laundry, is located on busy Green Bay Road in Waukegan. This store is highly visible from the street and there is great parking directly in front. Loaded with large washers, this laundromat is well equipped for doing large loads. Drop off laundry service is available and there is a defined kids play area showing children's DVD's. The demographics in this store's marketing area are ideal for self service laundry and Drop off laundry service. Express Wash Laundry is well designed for easy in and out for its customers. There are well trained Attendants who would love to stay with a new owner and will assist in training. This is a Debit Card activated store which very easy to manage More info

    Cash Flow: $100,000 
    Country Club Hills, IL 
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    National Cleaners, Country Club Hills

    National Cleaners was opened in 1994 using all the latest cleaning and pressing equipment. It has system. There is a computer system that does the accounting and prints out the customer receipts which is very convenient for the owners. Cash and credit cards are accepted. The system allows for detailed tracking of sales on a daily, monthly and annual basis. Business hours of 7am to 7pm Mon.-Fri. and 7am to 6pm Sat closed Sunday. The the business has enjoyed a 9.5%% growth over the last 2 years but the biggest potential for increasing sales lies in increasing advertising and promotion including social media. This store is located in a small strip center at the very busy 183RD street. It More info

    Cash Flow: $40,200 
    Northbrook, IL 
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    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: $54,317 
    Oak Park, IL 
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    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

    Cash Flow: $16,298 
    Minooka, IL 
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    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: $42,295 
    Chicago, IL 
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    Coin Laundry Elston Avenue, Chicago

    Begining Buyers this may be for you! This is one of the easiest laundromats to manage and operate. The laundromat is attended between 3pm-10pm. there is an automatic door lock that opens the door at 6am every morning. You could operate this store unattended or fully attended and do drop-off which should more that pay for an attendant. This laundromat has been operating for many years under the same ownership and has had shown consistent sales. This a very clean and well-taken-care-of laundry serving its neighborhood customers. The store looks great, it is up to date and is located in a small strip-center, with plenty of parking right in front. It is located on a very busy street. This has a More info

    Cash Flow: $27,971 
    Joliet, IL 
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    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: $132,497 
    Montgomery, IL 
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    New Era Laundry And Building, Montgomery, Il

    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 vending and big box soap sales. There are 54 More info

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