Illinois LaundryBroker · Jason Taken
Illinois laundromat brokerage

Sell your laundromat.
Move forward
with a clear plan.

You built more than a row of machines. Get a grounded view of value, prepare the right records, and navigate a confidential sale with Jason Taken.

Discuss my laundromat’s value Explore the selling process

Buying instead? Start with the buyer’s path →

Confidential conversationsIllinois focusEvidence before asking price
Illustrative neighborhood laundromat with stainless washers and daylight
The next chapter
starts with the facts.Value · preparation · transition

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Jason Taken · Business broker · Illinois laundry businesses

224-249-3213Meet the person behind the process →
Start where you are

You don’t need a perfect exit plan to begin.

Maybe you are ready to sell. Maybe the next equipment cycle, an approaching lease decision, or a change in your own priorities has you thinking. A useful first conversation turns those questions into a practical sequence.

We start with what a serious buyer will need to understand: sustainable earnings, the premises rights that transfer, equipment condition, and the work required to run the store.

See what preparing to sell involves →
A starting point for your next chapter

What could a sale look like?

Explore business value or cash at closing, then talk through what your store’s records and terms can support.

Explore an earnings-based range.

Example inputs. Replace these with your own figures.

SDE is an owner-operator earnings measure, not revenue or cash after debt. Review the earnings guide.

Don’t know your SDE? Build a simple worksheet.

Use one complete 12-month P&L. Add each expense only once and only if it reduced the profit below. Leave uncertain add-backs at $0 for the conversation.

Rather talk it through? Book a call with Jason

Start before income tax, after ordinary operating costs. A loss can be entered as a negative number. Don’t start from revenue, EBITDA or an already-adjusted SDE.

One working owner: include pay and benefits already charged as expenses. Draws and distributions that did not reduce profit are $0 here. Don’t add back the whole payroll.

Other add-backs: use documented costs a buyer would not need. Exclude ongoing repairs, normal rent and ordinary staffing. Don’t repeat owner benefits entered above.

Corrections: subtract unusual income included in profit or extra recurring costs needed to operate, such as a related-party rent adjustment or replacing another owner’s work. Keep the one working-owner view separate from a fully managed store.

Preliminary annual SDEEnter your pre-tax profit

Your value range changes only when you use this SDE.

This is a starting worksheet, not verified earnings. Keep the P&L and support for every adjustment for your call. SDE method and adjustment guidance.

Review the selected multiples

Defaults are the lower and upper sold-business quartiles in BizBuySell’s national 2021–2025 data. They are not Illinois comparable sales or a recommended price.

Updates as you type

Separate the price from the cash.

All amounts below are editable examples. Selling costs are your estimate, not a quoted fee.

Include proceeds you will not receive at closing, such as seller financing or an escrow holdback. Enter a debt payoff only once.

Updates as you type

Your inputs stay in this page. They are not saved, submitted or passed to the calendar. No email is required to see a result.

Value source: BizBuySell’s national reported laundromat sales, 2021–2025 · Reviewed October 15, 2026. Store value can fall outside the historical quartiles. See the full valuation framework.

Review your call summary.

Your figures are not uploaded or included in calendar links. A printed or saved copy will contain the figures shown.

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What supports your asking price

A stronger story is a better-documented business.

Three questions shape a buyer’s view of the opportunity. Work through them before choosing a number.

01

Earnings that reconcile

Connect reported receipts and expenses to tax returns, banking, payment records and collection history. Separate owner benefit from cash after debt and replacement labor.

02

Premises that can transfer

Understand assignment, renewal options, total occupancy costs and landlord consent. The right to keep operating is part of the business a buyer is evaluating.

03

Equipment with a clear plan

Give buyers a model-level inventory, service history and realistic view of upcoming capital needs. Newer machines and well-maintained older machines require different evidence.

Explore the valuation framework Understand the earnings bridge →
The selling process

Clear decisions, from preparation
to the handover.

01 / PREPARE

Get the facts together

Review goals, financial support, lease rights and equipment. Resolve avoidable gaps before they become buyer objections.

02 / POSITION

Set the terms

Build a supportable pricing discussion and an accurate presentation. Plan what is shared, when and with whom.

03 / QUALIFY

Move with discretion

Screen fit and funding, establish confidentiality, and coordinate diligence without circulating sensitive records indiscriminately.

04 / TRANSITION

Keep the store running

Work through financing conditions, consents and the closing checklist, with clear responsibilities for training and transfer.

Walk through the process
Illustrative seller preparation workspace with blank inventory papers and a calculator

AI-generated editorial illustration.

Useful before you list

Start with the records buyers will ask for.

A clear package makes the business easier to understand. It also helps uncover the questions worth answering before marketing begins.

  • Tax returns, monthly financials and an explained earnings bridge
  • The lease, amendments, options and assignment provisions
  • Equipment inventory, service records and lien information
  • Utility history, staffing responsibilities and service agreements
Use the seller preparation checklist
Make an informed next move

Practical guides for owners.

Browse all guides →
Illinois, store by store

Local context.
Store-level decisions.

Chicago, suburban apartment corridors, college communities and regional towns require different questions. Explore housing context for 84 Illinois markets, then investigate the actual trade area and operating records.

ChicagoAuroraNapervilleJolietRockfordChampaign
Compare all Illinois market guides →
Your next chapter

Let’s work out what
a sale could look like.

Bring your questions about price, timing, confidentiality or preparation. We’ll identify the next useful step.

Schedule a private conversation ↗

Prefer to reach out directly?

224-249-3213
jason.taken@hedgestone.com

If you are buying, use the buyer’s path to clarify your operating role, financing and diligence priorities.