MergerPlace

Modernized Coin Laundry- Chicago

Chicago, Illinois (Cook)


  • Asking Price: $299,999
  • Gross Income: $346,900
  • Cash Flow: $135,300
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #201948
  • Established: 2012
  • Employees: 1 F/T 3 P/T

Business Description

A very successful business that utilizes multiple revenue streams to create high, ongoing and reliable profits. The business operates in a small 3000 square foot space which keeps overhead low and profits extremely high. We have brought real customer service and friendliness back to this industry. The other independently owned coin laundries just cannot compete with our “State of the Art” laundry facility.
DISTINGUISHING FACTORS INCLUDE:
- Top of the line “High Efficiency Machines Both Durable and Dependable”
- Passive Ownership Business – Full time attendants making minimum wage plus $1.00
- Multiple Revenue Streams – Wash, Dry, Fold, Coin Changer, Vending options and more…
- Best of the best surveillance and security measures
- Free Wi-Fi, spotlessly clean location, well light, well maintained
- Consistent demand, absolutely recession resistant business
- Nationally recognized company – Full Training and Ongoing Corporate Support will be included.
Contact Greg for detailed information at 260-616-0588.


Business Details

Primary Business Category: Services - Business
Location: Illinois
Metropolitan Area: Chicago
County: Cook

Company Information

Year Established: 2012
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 1 F/T 3 P/T

Financial Information

Asking Price: $299,999
Gross Revenue: $346,900
Cash Flow: $135,300
Seller Financing Available: No

Property Information

Facilities:

Contact for detailed information

Growth & expansion opportunities:

High demand, continual long-term growth business.

Competition:

Very popular, well known name.

Support & Training:

Full training and ongoing support will be included.

Contact Business Seller

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Business Listed By:

Greg W.

DM Brokerage