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Chicago Laundromat + Real Estate | 4,500 SF | 29 Parking Spaces
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Profitable laundromat with significant upside potential in a high-demand rental area. Surrounded by numerous apartment buildings, this business benefits from an established customer base and consistent traffic. The laundromat is open daily from 6:30 AM to 11:00 PM, offering convenient hours for customers and stable operating history.
The store is approximately 4,500 square feet and features many newer Dexter washers along with well-maintained dryers. One of the major advantages of this location is its ample parking, including an additional empty lot that allows parking for approximately 29 vehicles.
Annual gross income is approximately $385,000, with historical gross income having reached approximately $500,000 in prior years. This creates a compelling value-add opportunity for a buyer who can improve operations, add services, or further maximize the location’s strong demographic base.
Well-positioned laundromats with this size, parking, and surrounding apartment density are not easy to find.
The store is approximately 4,500 square feet and features many newer Dexter washers along with well-maintained dryers. One of the major advantages of this location is its ample parking, including an additional empty lot that allows parking for approximately 29 vehicles.
Annual gross income is approximately $385,000, with historical gross income having reached approximately $500,000 in prior years. This creates a compelling value-add opportunity for a buyer who can improve operations, add services, or further maximize the location’s strong demographic base.
Well-positioned laundromats with this size, parking, and surrounding apartment density are not easy to find.
About the Business
- Opportunities for Growth
- Profitable laundromat with significant upside potential in a high-demand rental area. Surrounded by numerous apartment buildings, this business benefits from an established customer base and consistent traffic. The laundromat is open daily from 6:30 AM to 11:00 PM, offering convenient hours for customers and stable operating history.
The store is approximately 4,500 square feet and features many newer Dexter washers along with well-maintained dryers. One of the major advantages of this location is its ample parking, including an additional empty lot that allows parking for approximately 29 vehicles.
Annual gross income is approximately $385,000, with historical gross income having reached approximately $500,000 in prior years. This creates a compelling value-add opportunity for a buyer who can improve operations, add services, or further maximize the location’s strong demographic base.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 4,500
About the Sale
- Seller Motivation
- relocating
Listing Info
- ID
- 2488963
- Listing Views
- 167
Business Location
Listing ID: 2488963 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleIllinois Businesses for SaleIllinois Personal Product & Service Businesses for SaleIllinois Coin Laundry & Laundromat Businesses for Sale
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