Hot Listing

Coin Laundromat in SW Cook County Suburb

Asking Price$310,000

Cash Flow
$126,232
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$200,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Hot Listing

Coin Laundromat in SW Cook County Suburb


Asking Price$310,000

Cash Flow
$126,232
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$200,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
This coin-only laundromat is a solid, long-standing business built from the ground up by its current owner, who brings over 40 years of experience in the laundromat industry. Established 23 years ago, the location is outfitted with 36 washers and 45 dryers, ensuring reliable and efficient service for customers. The facility also includes one ATM, three vending machines, and a full camera security system already in place.

The owner currently spends about 15 hours a week overseeing operations and handling minor repairs, keeping labor costs low. There is one cleaning lady who maintains the premises and one part-time employee who handles drop-off laundry service two days a week. Before COVID-19, the business had strong revenue from drop-off laundry, dry cleaning, and alterations—services that have not been reinstated but offer an excellent opportunity for growth under new ownership. This is a turnkey operation with a solid foundation for a hands-on or semi-absentee owner. Cash offers only. Real estate is listed separately and offered at $1.9 mil.
About the Business
Employees
2
Real Estate
Owned or Leased
Owned
Not included in asking price
About the Sale
Seller Motivation
Retiring
Transition Support
2 weeks
Listing Info
ID
2390483
Listing Views
3277

Contact Seller

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Business Listed by: Mila Lazar Transworld Business Advisors of La Grange

Listing ID: 2390483 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.


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