How Much Is a Laundromat Really Worth?

This episode answers one of the most frequent questions we get asked: "How do I know how much a laundromat is worth?" While there is a lot that goes into determining the valuation of a laundromat, the information in this episode will allow you to get an accurate initial valuation to make an offer on a laundromat.
This episode is taken from the first part of a webinar that Jordan gives every 4-6 weeks on how to analyze a laundromat deal. The second part of the webinar explains the process of due diligence and how to verify the critical numbers that determine the value and performance of a laundromat. To sign up for the next webinar, check out the Events page (laundromatreso...! You can also watch a replay of the Analysis webinar and every other webinar we've ever done on-demand when you join the Pro Community (laundromatreso...!
Show Notes
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[@johnware6272]

Information begins at 17:42

[@alexfuen712]

Thanks just saved me 17 min

[@TheMat]

thank you

[@neerajchaudhary1821]

Thanks!

[@nmelhop]

Hi Jordan, terrible sound in this made it very difficult to hear. Your guest spoke loud and clear into his mike but most of the time couldn't hear you at all. Can you please take care to speak clearly into your mike. Very interesting guest, shame it was almost impossible to hear this interview. Thank you.

[@Velacreations]

Your calculator page never loads a calculator for me to try

[@yvetteowo5318]

Thx

[@LaundromatResource]

You bet!

[@mr.millionaire4570]

So basically if I buy a laundromat for 200K to 250 K I should expect a profit of six figures yearly?

[@LaundromatResource]

You should expect a profit of 20-25% if you buy cash, so not quite six figures unless you improve the business

[@clem4seph]

Hi Laundromat Resource, it's Clement here, just wondering if you guys have any network here in Sydney Australia?

[@LaundromatResource]

There are some people out in Sydney for sure. Reach out to Toby Dankbaar who was guest of episode 3 of the podcast!

[@butlertv3058]

Do you do the consultation anymore???

[@rickrick2699]

What if you're buying the building instead of leasing

[@LaundromatResource]

It doesn’t change the valuation of the laundromat. You’ll probably want to hold the property and business in two separate entities and draw up a lease between them. You’ll determine the value of the property and the laundromat separately

[@johnware6272]

Over ten minutes in and still not a clue as to how much a laundromat is worth.

[@johnware6272]

Over sixteen minutes and still not a clue as to how much a laundromat is worth

[@mattman6199]

Omg get to the point