How To Sell Your Laundromat, by Larry Larsen

WHEN IS THE BEST TIME TO SELL MY BUSINESS?The best time to sell is when a Laundromat is doing well and has good visual appeal. Although almost every Laundromat can be sold, if you wait until the lease is almost gone or you’ve let the equipment fall into disrepair, it will make a sale more difficult and the selling price will suffer. WHY NOT SELL THE BUSINESS MYSELF?Most owners find that dealing with buyers and all their issues including financial qualifications, financing options, analysis of business records and negotiating an offer to purchase can be very frustrating. Working with all … Continue reading How To Sell Your Laundromat, by Larry Larsen

Steps to Selling A Laundromat

Selling your laundromat can be an emotional decision. You’ve put years into growing the business, and now it is time to let it go. To make things easier, here are 5 steps to selling your laundromat. See Laundromats for sale. Determine the value of your laundromat Determining the value of a laundromat is an important step in the process of selling your business. Whether you’re looking to retire, move on to another venture, or simply cash out your investment, it’s crucial to have a clear understanding of your laundromat’s value in order to get the best possible price. In this … Continue reading Steps to Selling A Laundromat