John Vassiliades

J. Vassiliades & Company

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Fax: 312-602-4961

laundrybroker.com


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

About the Company

Broker Biography

John Vassiliades (708) 878-1020

Introduction

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. www.laundrybroker.com

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.

Background:
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.

Specialization:
For more of our Coin Laundry listings please go to www.laundrybroker.com 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

    $75,000
    Dekalb, IL 
    NEW LISTING! Laundry Landing Laundromat, DeKalb Great un-attended Laundromat, DeKalb Financing available

    You are going to love this one. This Laundry is unattended and has 8 camera video surveillance that you can watch your store from anywhere in the world. All the equipment is newer but needs some TLC. This store is located in the middle of that demographic that favors the use of self service laundromats. 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 its own free standing building with plenty of parking right in back. It is located just off one of the major streets running through DeKalb. The owner is moving on to pursue other interest, making this More info

    $395,000
    Cash Flow: $104,177 
    Chicago, IL 
    NEW LISTING! Bubbleland Laundromat, Chicago NEW LISTING! Bubbleland Laundromat, Chicago

    This is a 5,000 sq. ft. laundromat located in a dynamic North side area of Chicago. This card laundry is a must see! There are only eleven stores like this in the entire country. This is a turnkey operation. All systems are in place and ready for an investor. Fully attended professionally trained staff. This is a Bubbleland laundry, which means that everything in this store follows the Bubbleland theme with many circles and bubbles. This laundry incorporates its own, BRAND NEW, debit card system. This system also makes it easier for you to manage the business. Bubbleland has a tile floor and custom Formica tables. The washers and dryers are well maintained and are easy to operate. This store More info

    $275,000
    Cash Flow: $108,135 
    Mettawa, IL 
    New Listing! PSQ Dry Cleaners Libertyville Dry Cleaners with growth potential

    Here is a new offering that is picture perfect in how to run a dry cleaning business. There is plenty of space to grow with 3,960 sf. There is easy access off of Milwaukee Ave. one of the main streets in Libertyville. There is plenty of parking and the ability to drive up to the front door with your car. There is always someone who is knowledgeable to help you with your dry cleaning questions. Their motto is "PSQ DryClean Special Care Service will take the utmost care in the cleaning and handling of your garments." There is about 6 years left on the lease with the ability to secure options for additional time. Do not mistake this cleaners for one that is low price and low quality, this More info

    $125,000
    Cash Flow: $50,744 
    Mount Prospect, IL 
    View Details 
    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

    $425,000
    Cash Flow: $30,135 
    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 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 functioning and and More info

    $599,000
    Cash Flow: $114,540 
    Chicago, IL 
    View Details 
    NEW LISTING Whitewater Coin Laundry

    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

    $220,000
    Cash Flow: $32,325 
    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

    $175,000
    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

    $350,000
    Cash Flow: $57,000 
    Chicago, IL 
    View Details 
    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

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