Coin Laundromat in SW Cook County Suburb

Listing Number: 041621-402221

Description

This coin-only laundromat is a solid, long-standing business built from the ground up by its current owner, who brings over 40 years of experience in the laundromat industry. Established 23 years ago, the location is outfitted with 48 Dexter washers and dryers, ensuring reliable and efficient service for customers. The facility also includes one ATM, three vending machines, and a full camera security system already in place.

The owner currently spends about 15 hours a week overseeing operations and handling minor repairs, keeping labor costs low. There is one cleaning lady who maintains the premises and one part-time employee who handles drop-off laundry service two days a week. Before COVID-19, the business had strong revenue from drop-off laundry, dry cleaning, and alterations—services that have not been reinstated but offer an excellent opportunity for growth under new ownership. This is a turnkey operation with a solid foundation for a hands-on or semi-absentee owner. Cash offers only. Real estate is listed separately and offered at $1.9 mil.

Listing Details

• Price: $385,000
• Down Payment: $385,000
• Sellers Discretionary Earnings: $126,232
• Total Sales: $200,000
• Location: Cook County, Illinois


• Inventory: $0
• FF&E: $0
• Employees:
• Reason for Selling: Retiring
• Category: Cleaning