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: $114,540 
    Chicago, IL 
    NEW LISTING Whitewater Coin Laundry Profitable Laundromat with long history of cash flow.

    Whitewater Coin Laundry is a great absentee business. The current owners are retiring after many years of operating this profitable business. You are going to love this one. This Laundromat is located in the far southwest of Chicago, which has the great demographics you need for a successful laundry. This is located in a busy strip center with other successful business. Some washers and dryers have been replaced. So all you need is some TLC, some paint and a new approach to training and advertising. They have a full time employees staffing the laundromat. This store is ready to go and should provide a great starting business. More info

    Cash Flow: $50,744 
    Mount Prospect, IL 
    Euclid Maytag laundry Euclid Maytag Laundry

    Euclid Maytag Laundry is a great owner operator business. The current owners are retiring after many years of operating this profitable business since 2002. You are going to love this one. This Laundromat is located in the suburb of Mt. Prospect, which has the great demographics you need for a successful laundry. This is located in a busy strip center with other successful business. Both husband and wife take turns operating the counter staffing the laundromat. The price of the laundromat is based on two things, one the net cash flow and two the age of the equipment. Generally the price is 3 to 4.5 times the net cash flow. The net cash flow projected for this year is about $50k before More info

    Chicago, IL 
    PRICE REDUCED! Specialty Bike Shop PRICE REDUCED! 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: $116,000 
    La Grange Park, IL 
    View Details 
    New Listing Superior Cleaners & Farmwood Cleaners and Taylors

    Here is an unusual opportunity to own a excellent cleaners with a high volume drop store. Both locations have outstanding visibility and they are right in the middle of the exact, well diversified, demographics that you need for the Dry Cleaning business. This well established cleaners also does alterations, takes in leather and restoration cleaning. The plant is well equipped to do the current volume plus additional capacity to do a greater volume as business increases. All of the equipment is well maintained. All this cleaners needs is a good manager/owner to bring it to the next level. This cleaners is an excellent way to get involved with this industry if you are looking for a great More info

    Cash Flow: $57,000 
    Chicago, IL 
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    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

    Cash Flow: $48,071 
    Downey, IL 
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    NEW LISTING, Community Coin Laundry

    Community laundry is possibly one of the nicest, and most modern looking stores. It has all stainless steel washers and dryers all in an upbeat setting. You are going to love this one. This Laundromat is located in the town of North Chicago, which has the exact demographics you need for a successful laundry. The building is also new and in great shape with parking directly in front and additional parking across the street. The building can also be purchased if you do not want to pay rent. The building includes two, two bedroom apartments and a small office along with the Laundromat space all of which are fully rented. There are very competent people staffing the laundromat that are willing More info

    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 
    View Details 
    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: $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

    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: $27,971 
    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

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