Profitable Drop Off Dry Cleaner + Real Estate | Downtown Chicago, IL
Business Description
Own both the business and the real estate with this established dry cleaning drop store located in the Harbor Point high-rise condo building in the heart of downtown Chicago. Operating from an efficient approximately 1,000 SF commercial condo, this business has built a loyal customer base and generated consistent annual sales of approximately $93,000–$97,000 over the past three years.
Ownership is simple and cost-effective. The monthly HOA fee of $883.22 includes HVAC, valet service, and building assessments, while electricity averages only about $70 per month, keeping operating expenses low.
This is an excellent opportunity for an owner-operator, investor, or an existing dry cleaning company looking to expand with a satellite drop location while also owning the underlying real estate.
Opportunities to acquire both an established business and commercial property in a premier downtown location are rare.
Ownership is simple and cost-effective. The monthly HOA fee of $883.22 includes HVAC, valet service, and building assessments, while electricity averages only about $70 per month, keeping operating expenses low.
This is an excellent opportunity for an owner-operator, investor, or an existing dry cleaning company looking to expand with a satellite drop location while also owning the underlying real estate.
Opportunities to acquire both an established business and commercial property in a premier downtown location are rare.
About the Business
- Facilities & Assets
- Business and commercial real estate included
Located inside the prestigious Harbor Point condominium with a built-in residential customer base
Approximately 1,000 SF commercial condo
Customers drawn from multiple nearby luxury high-rise communities
Low operating costs with HOA covering HVAC, valet service, and building assessments
Commercial condo ownership provides long-term appreciation potential and eliminates landlord risk - Market Outlook / Competition
- Strategically positioned with no direct competing drop-off locations nearby, the business benefits from repeat customers within the building as well as neighboring residential towers, creating a stable and dependable revenue stream. No competing dry cleaning drop-off location serving Harbor Point and neighboring residential towers
Real Estate
- Owned or Leased
- Owned
- Included in asking price
About the Sale
- Seller Motivation
- Retiring
Listing Info
- ID
- 2523789
- Listing Views
Listing ID: 2523789 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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