NEW LISTING! M&T’S Laundry

Wheaton, IL
listing image
Asking Price:$69,900
Gross Revenue:$63,000
BUSINESS DESCRIPTION

Great Starter Laundry

This laundromat opportunity is being offered for a rock-bottom price since it needs some work repairing some washers and dryers. In the future you may also need to replace some of the washers with new used larger washers to increase the capacity. This laundromat is in a strip mall with a Mini-Mart, Party Store, Hair Salon, CBD Store, and a Tailor. This laundromat is located the middle of good demographics for the laundromat business and is less than one mile from downtown Wheaton. There are 26 washers and 18 dryer pockets, and all are card operated. Great opportunity and potential for hands-on buyers who are willing to work and manage this growing business. This is an excellent opportunity to get into this laundry industry with a very small investment. Other opportunities include, increasing the laundry drop-off business with online presents, also adding a pick-up and delivery service for Wheaton College and the many apartments surrounding this laundry. This must be an all-cash transition since no financing is available. You will need to have good credit to qualify for the long-term lease. Training and consulting are available for qualified buyers.
I would not wait any longer or you may miss out on the great opportunity.
Timing is everything!


DETAILED INFORMATION
Location
Wheaton, IL
Inventory
Not Included in asking price
Growth & Expansion
There is a high demand for laundromats in this area.
Financing
Requires a cash purchase.
Support & Training
Complete training.
Reason for Selling
Owner has other interests
Report an Issue with this listing
profile-img
John
Vassiliades
J. Vassiliades & Company
John Vassiliades