Laundromat for Sale in Evanston, Illinois - Asking $125,000

This listing presents an opportunity to acquire EXPRESS LAUNDRY, a laundromat located in Evanston, Illinois. The business is situated in an area with strong demographics and a high density of surrounding apartments, indicating a robust customer base. The current owner acquired it as part of a larger shopping center purchase and is selling it because they are not interested in operating a laundromat. The asking price is $125,000. While key financial metrics like cash flow, EBITDA, and gross revenue are not disclosed, the business offers potential for growth through the addition of drop-off, pick-up, and delivery services. The location benefits from ample parking and reasonable rent, with an adjacent 1000 SF vacant space available for expansion. The seller offers one year of free consulting and training to the new owner, who is expected to work in the store during attended hours initially. The listing explicitly states that the purchase must be made with cash, as no financing is available. A new store of this type would cost approximately $650,000 or more to build from scratch.