Can anyone recommend a good NY area laundromat broker? I’m looking in the Queens/Nassau County area.
One of the brokers I dealt with said none of his laundromat businesses, that are for sale, provide financials because they’re all cash businesses and that’s how he sells them. They only provide cost of rent and utilities. Something doesn’t sound right with this. Who buys a business and doesn’t ask what the gross revenue and NOI are?