Laundromat Resource › Forums › Commercial Real Estate › Commercial Property W/Laundromat Inside & Addtl. Tenants › Reply To: Commercial Property W/Laundromat Inside & Addtl. Tenants
June 30, 2020 at 3:32 am
#1860
Mitch! Sounds like you’ve been doing work! This is awesome!
I think you’re right that you have to separate the two out, as messy as that is. Too many times sellers and brokers try to cover up the true value of the business by selling them as a packaged deal like this.
You definitely need to include the cost of rent for the business as an expense and determine the value of the laundromat with that. But it sounds like you’re on the right track! Keep us posted on how it goes! And feel free to schedule a coaching call if you want to talk through it a little more!