NEW LISTING! Happy Hamper #3 Laundromat & building

Asking Price$995,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$360,555

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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NEW LISTING! Happy Hamper #3 Laundromat & building


Asking Price$995,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$360,555

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Transform your investment portfolio with this exceptional turnkey laundromat opportunity that delivers both real estate ownership and steady cash flow. You'll own the entire 3,564 sq ft building on a substantial 12,363 sq ft lot, eliminating rent expenses while building equity in prime Waukegan real estate.

This rebranded facility positions you to capture maximum market share through its customer-focused environment. Your investment benefits from recent upgrades including 4 flat screen TVs, fully stocked vending machines, and a unique children's reading area that keeps families coming back. The 12-space parking lot plus street parking ensures customer convenience drives repeat business.

Your revenue streams multiply with high-capacity equipment including 3 giant 80-pound washers and 5 new 60-pound washers, allowing you to serve more customers efficiently while commanding premium pricing for large loads. The established wash-and-fold service creates additional income opportunities from busy professionals seeking convenience.

The demographics work in your favor - Waukegan's market conditions provide ideal laundromat customer base, ensuring consistent demand for your services. You'll benefit from an established customer base and proven operational systems that generate immediate cash flow from day one.

Onsite staffing means you can maintain service quality while enjoying flexible ownership - perfect for investors seeking semi-passive income or owner-operators wanting work-life balance. The facility's reputation as the area's cleanest laundromat gives you competitive advantage and pricing power.

Expand your wash-and-fold services to capture commercial accounts and increase volume substantially. The convenient drop-off model attracts high-value customers willing to pay premium prices for time-saving services.

This rare combination of real estate ownership and established business operations delivers multiple exit strategies - operate for cash flow, expand services, or eventually sell both business and property for maximum return on investment.
About the Business
Employees
4 Part-time
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
3,460
About the Sale
Seller Motivation
Owner has other interests
Listing Info
ID
2508209
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Business Listed by: John Vassiliades J. Vassiliades & Company

Listing ID: 2508209 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.