Listing Number: 041621-733777
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!
Listing Details
- Price: $345,000
- Down Payment: $345,000
- Sellers Discretionary Earnings: $57,000
- Total Sales: $185,000
- Location: Cook County, Illinois
- Inventory: $0
- FF&E: $450,000
- Employees: 1
- Reason for Selling: Moving on
- Category: Cleaning
