AhmedBake replied to the topic How to make a page on Wikipedia to provide finance education in the forum Financing
Thanks for your comment on creating a Wikipedia page for finance education. It’s great to see people sharing information and helping others learn more about this important topic. As you research, it’s important to use reliable sources to ensure accuracy and credibility.
kumfa sainan replied to the topic How to make a page on Wikipedia to provide finance education in the forum Financing
Thank you for sharing! Great guide.
Z Woods started the topic SOP's/Monthly Preventative Maint in the forum Repairs
Curious what SOP’s each owner has for their laundry’s. Are there certain maintenance items you have a list of to check each month? Building mine for myself and cleaner to be checking on and could use some help. Thanks!
Z Woods replied to the topic Repairs before Purchasing in the forum Laundromats
I would not over think this one- either have it fixed prior to closing at owners expense OR have the machines inspected by a qualified tech and lower your offer based on repair cost. I’m surprised the current owner hasn’t had them foxed himself yet… this means he’s not making $ on them.
Stuti Patel started the topic Getting my first laundromat in the forum Laundromats
I recently got a good deal I suppose but I am not so sure as the rent /gross is greater than 35%
Here is what I got ( I think I need more info for maintenance )
The expense for the year is $132,792
Rent = $8,416 (including Triple NNN & Sewer) Water = $700-$1200
PGE = $1000- $1600
Insurance = $150
Employee = $2,000
Monthly expenses…Read More
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