Start with a useful question
These resources help you prepare a coherent package and test the assumptions in an acquisition or exit. They do not require an email address. Use the checklist to organize records, then use the calculators to distinguish an earnings-based value scenario from cash after debt and labor.
| Resource | Use it for |
|---|---|
| Business value workspace | Apply clearly stated multiples to verified SDE and inspect the assumptions. |
| ROI and cash-flow calculator | Test price, acquisition debt, replacement labor, equipment reserves and cash invested. |
| 84 Illinois market profiles | Compare sourced renter and housing context before investigating a specific trade area. |
| Complete guide library | Find a retained article by topic, transaction stage or search term. |
Seller preparation checklist
Use this as a document-gathering guide. Checked means prepared for review, not professionally verified. Selections stay only in the current page; nothing is sent or stored.
Questions that need an adviser
Use the sources below to frame the discussion, then ask the appropriate professional about the actual borrower, property, operation or transaction. A program overview is not a lender approval; a state resource is not a local permit determination.
Sources and review notes
Reviewed October 15, 2026. Primary references support the specific topics below. Practical checklists and explicitly labeled scenarios are our editorial analysis, not reported market outcomes.
- SBA: 7(a) loan program
Program purposes, eligibility and the individual 7(a) loan maximum. - SBA: 504 loan program
Fixed-asset financing; eligible purposes and maximum amounts depend on program conditions. - IRS: Form 8594, asset acquisition statement
Buyer/seller reporting for applicable asset acquisitions and purchase-price allocation. - IRS: like-kind exchanges and real property
Section 1031 generally applies to qualifying real property, not operating-business goodwill or ordinary equipment. - Illinois Department of Revenue: sales of service
Illinois distinguishes service receipts from tangible personal property transferred with a service. This is not a blanket exemption ruling for every laundry revenue stream. - Illinois business registration and resources
State registration guidance; local licenses and property-specific approvals require separate review. - U.S. Department of Justice: small business accessibility guidance
Public accommodation obligations and accessibility planning; evaluate the actual facility with qualified advisers.
Use this material to prepare questions and documents. A specific transaction needs its own legal, tax, lending and equipment review.
Thinking about selling your laundromat?
Start with a private conversation about your records, lease, equipment and timing. You do not need to have a price in mind.
Discuss your next step