Laundromat Resource › Forums › Financing › How much in reserve funds? New Member, Just Starting › Reply To: How much in reserve funds? New Member, Just Starting
This depends on the size of the location. If I had 3 months worth of all expenses in an account I would feel good about that. If I had 6 months I would feel great. This also depends on whether you are building a new location or buying an existing with a customer base. The new location I would want a hefty reserve incase I can’t break even from a cash flow perspective for months.