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Go Back   Coinwash The key to a successful Laundromat Business. > Laundromat 101-Newbie Section.


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Old 09-23-2017, 02:39 PM
cthanos cthanos is offline
 
Join Date: Mar 2013
Location: ny
Posts: 2
Default Possible two mat deal need some advice on machines and price

Hi all long time lurker,

So i found to mats that are about 16 years old. Owner is willing to finance and i have enough of a down payment. I have checked the numbers with a laundromat consultant and he has been able to verify the business it is doing. First off is it a decent deal. Secondly how much longer do the machines have. They have been regularly maintained but who really knows,

Both stores have about 100 machines Hubesch washers and ADC dryers 16 years old. Front load washer and dryer of various sizes.

one store leaves 130,000
the other leaves 350,000

20 year leases on both

Purchase price 2,100,000

any help would be greatly apreciated.

Last edited by cthanos; 09-24-2017 at 09:39 AM.
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Old 09-29-2017, 04:55 AM
shad2038 shad2038 is online now
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Join Date: Sep 2008
Location: Mildura Australia
Posts: 1,245

1.7 to 1.92 assuming figures are verified. (Gas usage, water & electricity)

Most machines will need replacement in the next 3 - 5 years.

Good Luck
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