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Fully Updated Laundromat & Property for Sale - Chicago, IL
Business Description
Fully Updated Laundromat & Property - Great Deal!
FULLY UPDATED LAUNDROMAT BUSINESS & PROPERTY FOR SALE — CHICAGO, IL
Turnkey, Fully Staffed & SBA-Eligible Opportunity
Listing #: L-243
An excellent opportunity to acquire a fully updated, fully staffed laundromat in Chicago, Illinois, with the real estate included in the asking price. This established operation offers strong reported earnings and an attractive opportunity for an owner-operator or investor.
BUSINESS HIGHLIGHTS
Business Type: Laundromat
Location: Chicago, Illinois
Asking Price: $1,350,000
Net Earnings: $400,400
Multiple: 3.99x
Rental Income: $30,600
Fully Staffed: Yes
Store Size: Approximately 4,500 SF
Real Estate: Included in the asking price
Financing: SBA Eligible
Condition: Fully Updated
Reason for Sale: Retirement
WHY THIS OPPORTUNITY STANDS OUT
This is a turnkey laundromat operation with a fully updated store, established operations, and an existing staff in place. The sale also includes the property, providing the buyer with both the operating business and the underlying real estate.
With reported net earnings of approximately $400,400 and an asking price of $1.35 million, this opportunity presents an attractive combination of operating income and real estate ownership.
A rare opportunity to acquire a fully updated, staffed laundromat with the property included.
Serious inquiries only. Contact us for additional financial information, due diligence materials, and further details. SBA financing available.
Turnkey, Fully Staffed & SBA-Eligible Opportunity
Listing #: L-243
An excellent opportunity to acquire a fully updated, fully staffed laundromat in Chicago, Illinois, with the real estate included in the asking price. This established operation offers strong reported earnings and an attractive opportunity for an owner-operator or investor.
BUSINESS HIGHLIGHTS
Business Type: Laundromat
Location: Chicago, Illinois
Asking Price: $1,350,000
Net Earnings: $400,400
Multiple: 3.99x
Rental Income: $30,600
Fully Staffed: Yes
Store Size: Approximately 4,500 SF
Real Estate: Included in the asking price
Financing: SBA Eligible
Condition: Fully Updated
Reason for Sale: Retirement
WHY THIS OPPORTUNITY STANDS OUT
This is a turnkey laundromat operation with a fully updated store, established operations, and an existing staff in place. The sale also includes the property, providing the buyer with both the operating business and the underlying real estate.
With reported net earnings of approximately $400,400 and an asking price of $1.35 million, this opportunity presents an attractive combination of operating income and real estate ownership.
A rare opportunity to acquire a fully updated, staffed laundromat with the property included.
Serious inquiries only. Contact us for additional financial information, due diligence materials, and further details. SBA financing available.
About the Business
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 4,500
About the Sale
- Financing Options
- SBA Eligible
Listing Info
- ID
- 2552131
- Listing Views
- 14
Listing ID: 2552131 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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