Laundromat Resource › Forums › Laundromats › How do I know if a laundromat is a good deal? › Reply To: How do I know if a laundromat is a good deal?
May 28, 2020 at 1:02 pm #1672
Awesome question AnneMarie!
With laundromats, it’s all about the numbers. I always tell people you need to look at 4 things to make sure a laundromat is a good deal.
1. The amount of money coming in
2. The amount of money going out
3. The likelihood that the business will continue to do just as well, if not better than it’s currently doing
4. Are there ways that you can improve the business and bring in more revenue and/or reduce expenses?
Hope that helps!