Westhaven Coin Laundry

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Asking Price:
$350,000

Gross Revenue:
$421,992
Cash Flow:
$57,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

This is a 5,000 sq. ft. laundromat located in a dynamic west side area of Chicago. It is loaded with newer washers and dryers. Washers range from 18# to 75#. There is a complete service bar with big box soap sales, snacks, and Lottery sales. Located on the busy main street of Western Avenue next to Shell Station and a McDonalds in the heart of Chicago. This laundromat is housed in its own free standing building with plenty of off street private parking. There are solar panels on the roof to help heat the water which is a big savings in the gas bills. This is a full service Laundromat with very friendly and experienced employees providing drop-off laundry and pick up and delivery in addition to self service . The sale price is an opportunity cost to be able to take over a fully functioning and operating laundromat. There is a great opportunity to increase income by promoting commercial drop-off wash and fold. If you are looking for a high cash flow business that can be operated on a part time bases, this is the one. Call soon to take advantage of this rare opportunity.

About the Business

Location:
Chicago, Illinois
Real Estate:
Leased
Building Sq. Ft.:
5,000
Rent:
$43,680,000.00 Per Month
Lease Expiration:
1/1/2030
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Listing Info

ID:
1446221
Ad Detail Views:
2184

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$
months
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Business Listed by

John Vassiliades

J. Vassiliades & Company

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