Fully Updated Laundromat Business for Sale — Chicago, IL

Listing #: L-244

Asking Price: $950,000

Take advantage of this excellent opportunity to acquire a fully updated, fully staffed laundromat in Chicago, Illinois. This established operation offers strong cash flow and an attractive opportunity for an owner-operator or investor looking to acquire a turnkey laundry business.

Business Highlights
Business Type: Laundromat
Location: Chicago, IL
Asking Price: $950,000
Net Earnings: $180,179
Price/Earnings Multiple: 5.27x
Store Size: Approximately 4,300 sq. ft.
Fully Staffed: Yes
Fully Updated: Yes
Financing: SBA eligible / financing available
Reason for Sale: Retirement
Why This Opportunity Stands Out

This turnkey, fully updated laundromat is already fully staffed, allowing a new owner to step into an established operation without the need to build a team from scratch. The property is also included with the laundromat business.  With approximately 4,300 square feet of space and reported net earnings of $180,179, the business offers an attractive combination of scale and profitability.

The current owner is retiring, creating an opportunity for a new owner to take over an established laundry business. SBA-eligible financing may be available, potentially making this an appealing acquisition for qualified buyers.

Property Opportunity: The real estate is included with the business.

A strong opportunity to acquire a fully updated, fully staffed Chicago laundromat with established earnings and potential SBA financing.