Listing Summary

REAL ESTATE INCLUDED with an asking price of $995K, reported annual revenue of $348K, and SDE of $98K. Located in Waukegan, IL. Price/SDE multiple: 10.2x.

Deal Signals

Healthy reported margin
Real estate may be included
Source URL needs review

Questions to Ask Before Offering

Can the seller provide trailing 12-month profit and loss statements plus tax returns?
What are the lease terms, renewal options, rent increases, and landlord assignment requirements?
What is the age, brand, and condition of washers, dryers, boilers, card systems, and vending equipment?
Can utility bills verify the reported revenue and operating margin?
Why is the asking price high relative to reported SDE?

Verification Notes

Source indexed; financials have not been independently verified. Request supporting documents before submitting an offer. Revenue shown for this listing is a modeled estimate, not a figure reported by the seller — treat it as a placeholder until you have source documents. Ask for profit and loss statements, utility bills, equipment list, lease terms, and tax returns before signing an LOI.

More laundromats for sale: Waukegan, IL · Illinois · all states

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