Dry Cleaners, Laundromats & Coin Laundry
Active
Profitable, Low-Maintenance Laundromat in Chicago
Illinois, United States
Asking Price$345k
Revenue$185k
EBITDA-
Cash Flow$57k
Description
Well-established coin-operated laundromat in the vibrant Rogers Park neighborhood of Chicago offers an excellent opportunity for a passive income investment. Featuring 45 washers and 36 dryers, this laundromat is designed for efficiency and convenience, attracting a steady flow of customers. The business is fully equipped and has made recent substantial improvements, making it a turn-key operation for a new owner.
This laundromat is a prime opportunity for someone looking for a hands-off operation and low-maintenance income stream. With automation in place, including the self-locking doors and security system, the operation requires minimal daily management. The recent capital improvements significantly enhance the value of the business, while the prime location in Rogers Park ensures a steady customer base.
Don’t miss the chance to invest in a reliable, turn-key operation, ready to continue generating income for a new owner!
Real Estate
Rent is $491,200 per month
Building Size: 2300 sq. ft.Furniture Fixtures & Equipment
$450k
Inventory
Included in Asking Price
Reason Selling
moving on
Asking Price$345k
Learn MoreAfter inquiring the broker will reach out to you to discuss the next steps.