Purchasing An Existing Store
Purchasing An Existing Store
Purchasing an existing laundromat, whether you already own one, or this is your first such venture into the laundromat business can be a challenge for just about anyone. First of all, the coin or card laundry (laundromat) business is generally an all cash business. Being able to determine, during your due diligence period, exactly what the store is earning as well as its actual expenses can be a daunting task to the untrained and inexperienced buyer. As a buyer, you need to understand the terms and conditions of your lease, all the income sources, as well as the sources of all the expenses. You also need to understand the competition in your area, why the store is for sale, the age and condition of the equipment, as well as how to perform a successful audit of the business.
There are many considerations that must be taken into account prior to making an offer and going through the whole purchasing process. Our consultants at ADL Consulting Services have helped hundreds of clients make very important decisions and determinations through the entire process of purchasing an existing laundromat. If done correctly it can be a very wise, happy and rewarding experience. Give us the opportunity to help you make this an enjoyable and profitable business venture.
What Sets ADL Consulting Apart From Any Other Laundry Industry Consultants
- We are the first choice for both new and existing laundromat owners everywhere
- We are not equipment distributors so our one and only concern is your success.
- We are experts in all facets of the Coin/Card and Smartphone operated Laundromat Business
- We will always keep your information completely confidential
- We understand what it takes to make your business a success
- We are available for our clients 365 days a year….either by phone, skype, or email
- Our Consulting fees are very reasonable for all of the services that we provide
- We have helped many hundreds of clients throughout the world achieve financial success
- We will expertly guide you through your acquisition, sale, remodel, or new construction of your commercial laundry business.