A Laundromat must
be sold when they are operating well and have a good visual
appeal. When they are functioning well, more investors will be
interested to buy the store.
Buyers will want to
purchase Laundromat with a good cash flow. The buyer will also
expect the business to be managed well, so they can make
immediate money out of the business. Have your financial
statements and tax returns audited to obtain a good sale
price.
The following documents are
required when you have decided to sell your Laundromat.
-2 years of income records and
with the same listed on your tax return.
-2 years of expense records
including labor, utilities and other general expenses.
-Lease
-Triple Net records
-List of the equipment
available in the store with the number years of service of each
machine.
-You should give a valid
explanation for selling your Laundromat.
