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

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    View Details 
    Euclid Maytag laundry

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    Cash Flow: $30,135 
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    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

    Cash Flow: $114,540 
    Chicago, IL 
    View Details 
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    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: $32,325 
    Joliet, IL 
    View Details 
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    View Details 
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    View Details 
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