View Full Version : Selling Laundromat
40acresandamind
10-14-2010, 03:01 PM
I am considering selling my laundromat. Is there value in using a Broker or would I be able to list the laundry myself effectively. What should a Broker's commission be?
Thank you
If you are not already sure you could market the store by yourself, then it may be a good idea to talk to a few laundry brokers to get their opinion of the market and value. There is a small landslide of details that must be considered when selling, and a broker can help bring them to the surface. They will quote a % or price to sell, and depending on the size of the sale, there is usually room to negotiate.
James2011
10-18-2010, 09:51 AM
I am considering selling my laundromat. Is there value in using a Broker or would I be able to list the laundry myself effectively. What should a Broker's commission be?
Thank you
what state your mat located?
surfflite
10-18-2010, 12:14 PM
I posted mine up on Craigslist just to test the waters. I got 6 inquiries in the 45 day run. Only 2 asked for financial's. I did have 1 broker contact me from the ad. I am going to contact a broker here soon and go that route. When I bought my place the seller had a broker and he charged the seller $10K for the sale.
STOUT
10-18-2010, 09:44 PM
Get contact with Xiong.
He is looking to purchase a mat someday!!! :D
James2011
10-19-2010, 08:19 AM
Get contact with Xiong.
He is looking to purchase a mat someday!!! :D
stout,
do you know where Xiong located?
do you know what state the mat located?
do you know how much $$ he has?
STOUT
10-19-2010, 04:54 PM
stout,
do you know where Xiong located?
do you know what state the mat located?
do you know how much $$ he has?
Does it matter?
surfflite
10-20-2010, 04:52 PM
Where did he go?
James2011
10-20-2010, 05:33 PM
Where did he go?
I think he gave up due to his brain fired.( too much think)