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How to Buy a Laundromat

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Uploaded by on Mar 24, 2008

http://www.buyalaundromat.com
If you are looking to get into the Laundromat business it is important to learn important how to analyze and evaluate the store the right way so that you don't make a mistake and overpay. The problem I find with most Laundromats for sale, is that after you finally get all of the info from the seller, you find that the store doesn't make financial sense. Finding a good store is probably the hardest part of this business. The site above can help you can with this process and offers so free advise on how to find, analyze, evaluate, and buy a Laundromat.

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Uploader Comments (brianbrbb)

  • I'd like to buy a laundry, I see you have all top loading machines. Is that better than front loading? Also, you didn't mention that the key to a successful business is to be well capitalized!

  • Hi and thanks for commenting on my video. Actually these are all front loading machines. They wash better, have more capacity, and vend for a higher price, while saving energy and water as well.

    As far as capitalization goes, yes any business needs to be capatalizied to be able to succeed, but Laundromats only require about $10K to $15K to capitalize on top of the purchase price of course.

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  • Seems like a nice fairly simple to run business, my only worry would be a dude wearing a ski mask who pops up when I'm emptying out the coins....bad scene

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