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Coin Laundry•Chicago, IL
Two-store coin laundry portfolio, Chicago metro
- Asking
- $980K
- Cash flow
- $238K
- Revenue
- $642K
SBA EligibleAbsentee Owned
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Coin laundries are simple, proven businesses with steady demand. Review the listings below, then confirm collections against water usage during due diligence.
Prices depend on cash flow, equipment age, lease terms, and whether real estate is included. Most laundry businesses trade on a multiple of seller's discretionary earnings, commonly in the 3x to 5x range.
Many buyers use SBA 7(a) loans, conventional loans, or seller financing. Use the SudsList calculators to model loan payments and cash-on-cash return before making an offer.
Confirm revenue against utility bills and collection records, review the lease, and inspect the age and condition of every machine. See the SudsList Guide for a full due diligence checklist.