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View Full Version : buying an existing coin laundromat


ginger2004
03-19-2004, 12:35 PM
I am looking at entering the business and am looking at my first coin laundromat tomorrow. How can I establish what this place is actually worth? Also, being a cash business, how valid are the current owner's books? I'm really excited about this opportunity!

Duane
03-19-2004, 12:56 PM
Ginger,

If you are just getting into the mat business then I would highly suggest stepping back and then doing several months, if not a year or two, of research.

I have some information that I can forward to you, just send me an e-mail.

Duane.

www.LMARIES.com (http://www.LMARIES.com)