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Laundry Girl
01-23-2006, 12:00 PM
so
10-Tops,12-30 lbs,10-50 lbs, 1-75 lbs washers and 34 Dryers...
$125.00 per turn 62% dryer rev 7% vending income W/D/F/ @ 25% of wash Rev.
@ two turns = 16,000.00
@ 2.5 turns = 20,000.00
@ 3 turns = 24,000.00
@ 4 turns = 32,000.00

expenses 13,000.00 up to 2.5 turns then utilities jump a bit to say 15,500.00. New equipment will total 160,000.00 @ say 8.0% for 60 months = 2825.00

Balance of construction ,leaseholds and other improvements including the buy out of the competitor = 190,000.00 ( cash equity )

continued........