Compare These Top Vendors for Laundromats


Directory of laundromats, as well as opportunities for opening a laundromat business.
Choice Hotels

Start a hospitality franchise today. Choice Hotels™ is one of the largest global lodging companies. They provide their franchisees with high-quality, high-value investment options globally while delivering reservations. Apply Today.

Choice HotelsVisit choicehotelsfranchise.com
Franchise Your Business

Request a free 90-minute seminar on "How to Franchise Your Business" from the world's leading authority on franchising. Topics include franchisability, process, legal requirements, and costs.

Franchise Your BusinessVisit www.ifranchisegroup.com

Search Results

Restaurant Business for Sale

Find owners and brokers who are interested in buying or selling a restaurant business.

www.business.com/startup/restaurant-business-for-sale/
Hotel Business for Sale

Find owners and brokers who are interested in buying or selling a hotel business.

www.business.com/startup/hotel-business-for-sale/
Retail Business for Sale

Find owners and brokers who are interested in buying or selling a retail business.

www.business.com/startup/retail-business-for-sale/
Financial Planner Business for Sale

Find owners and brokers who are interested in buying or selling a financial planner business.

www.business.com/startup/financial-planner-business-for-sale/
Medical Business for Sale

Find owners and brokers who are interested in buying or selling a medical business.

www.business.com/startup/medical-business-for-sale/
Transportation Business for Sale

Find owners and brokers who are interested in buying or selling a transportation business.

www.business.com/startup/transportation-business-for-sale/
Non-Profit Business for Sale

Find owners and brokers who are interested in buying or selling a non-profit business.

www.business.com/startup/non-profit-business-for-sale/
Photography Business for Sale

Find owners and brokers who are interested in buying or selling a photography business.

www.business.com/startup/photography-business-for-sale/
Telecommunications Business for Sale

Find owners and brokers who are interested in buying or selling a telecommunications business.

www.business.com/startup/telecommunications-business-for-sale/
Accounting Business for Sale

Find owners and brokers who are interested in buying or selling an accounting business.

www.business.com/startup/accounting-business-for-sale/
Hotel Business for Sale Key Terms

Source: /guides/hotel-business-for-sale-key-terms-40384/

Many of the terms surrounding the purchase of a hotel business can sound familiar--"franchise," "turn key operation" and "operating results" are all terms that are used in business fields outside of the hospitality industry, so you're likely to have encountered them if you're a business owner. Happily, in the hospitality industry, they generally retain the basic meaning that you're familiar with. Read More »

Hotel Business for Sale

Source: /guides/hotel-business-for-sale-16621/

Business professionals who are interested in the hotel industry and intend to buy hotel business locations will have many choices to make. You will need to pick the right location for your establishment, decide whether you want an independent hotel or a franchise opportunity and come up with a realistic budget for your purchase. Read More »

Laundromats


There are many advantages to choosing to buy a laundromat. One of the main advantages is most laundromats do not require heavy staffing. When you buy a new business, you often need to work full time hours in the business, to make the venture profitable. Providing labor yourself eases some payroll expenses. When you purchase a laundromat, however, which requires only one attendant on duty, this does not have to be the case.

Location is critical when buying a laundromat. A densely populated area with a large amount of apartment buildings is a great location for a coin operated laundromat. In addition to location, consider the following before you buy a laundromat:

1. Condition of the building and equipment.

2. Amount of competition in the area.

3. Reputation of the laundromat in the neighborhood.

Arm yourself with knowledge for your laundromat purchase

Before purchasing a laundromat, learn about the business. Find out what questions to ask the seller, and how to protect yourself during the buying process.

Buy a laundromat through a broker

A business broker not only provides you with a database of laundromats but is also available to help you through the process of deciding which laundromat to purchase and to coach you through the buying process. A business broker functions much like a real estate agent.

Purchase a laundromat for sale by owner

Just as in real estate some people choose to use an agent and others choose to sell their house on their own, business owners have the same choice. Many business owners choose to use brokers to sell their business, but others decide to sell their laundromat on their own. In addition to checking your local classifieds, there are several sites on the Internet where business owners list their business for sale.
  • If you are assuming debts from the previous owner as part of your purchase terms, be sure to find out if the terms of the debts remain the same when the debt transfers hands.
  • Before finalizing the conditions of the sale, it is important to examine the property, equipment, operations, employees, records, taxes, leases, contracts, cash flow, reputation, debts, financing and history to determine the actual value of the laundromat.