Semi-Absentee Area Developer Opportunity in Cook County, IL

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Financial Details

Asking Price:
$350,000
Location:
Not Disclosed, IL, US
Source:
Date:
May 06, 2025

Key Highlights

- Resale of area developer territory in Chicagoland with 45 licenses.
- Includes a laundromat generating $17,000/year in passive income.
- Significant expansion opportunity in a market that can hold 1000+ laundromats.

Description

This is a resale of an area developer territory encompassing Cook, Lake, DuPage, and McHenry counties. The territory includes 45 licenses and a laundromat generating approximately $17,000 per year in passive income. The developer markets to the area, qualifies potential candidates, and assists in launching franchisees. Each new franchisee earns $24,500, and the developer receives 2.75% of the annual revenue per unit. The Chicagoland market can hold 1000+ laundromats, presenting a significant expansion opportunity.

Industry Information

Industry Description:
Services: Dry Cleaning & Laundry
Classification:
Service Businesses

Listing Details

Listing ID:
bce82bc2-b194-4b57-a40c-198f330ad95e
Deal Status:
For Sale
Date Posted:
May 06, 2025
Last Updated:
May 26, 2025
Currency:
USD

Features & Tags

Franchise Opportunity This listing is explicitly mentioned as a franchise opportunity. Franchise
Quality Verified This listing meets our quality criteria and standards. Verified