Laundromat Resource Forums Laundromats Signed NDA-> How much should I expect? Reply To: Signed NDA-> How much should I expect?

Bryan Wilson

    The Pro Forma is always going to give you the best picture of the store from the income side.
    Remember these are sales people so they are going to sell you.
    Most wont open the books until an offer is put in.

    Be specific as possible in everything you ask for to evaluate the store.
    Good Faith offer to be returned in full if seller can not verify income via tax or bank statements
    Tax Returns from every other year of owning the store, Counts from All months
    Ask for 4 weeks of coin collections in person to get a full picture of whats happening
    the owner will also get comfortable and spill the beans on the store by week 3.