Laundromat
Three facts.
- 01
- About 30 years at one location - but the seller has owned it for about one year.One full-time attendant of nearly 30 years and one part-time employee run the days; the headline history belongs to the site, not the seller.
- 02
- A long lease whose rent is most of the profit.About 14 years remain; rent alone is roughly 80-96% of the stated profit - the structural fact that decides this deal.
- 03
- A staff-run, self-service laundromat in Westchester County.Twenty washers and twenty dryers; the owner is semi-absentee and runs another store in the same plaza. The seller states $5,000-$6,000 a month of profit, labelled EBITDA, and no revenue.
Two ways to own it.
The store already pays its two staff, so the seller's stated profit is already a staff-run figure. No manager seat is priced for this deal: owner hours are not stated and no revenue exists to rebuild the P&L. The two ways to own it collapse into one until the documents arrive.
Ranges are our reconstruction of the numbers, on our normalized view, not the seller's figure. Each band starts at its conservative end.
Two of 7 findings.
+5 more in the full file
Cheaper than 68% of 25 similar businesses.
2.3x the seller's EBITDA; the peer median is 2.7x. Based on asking prices, not completed sales.
Each one written out, with what would soften or close it before an offer.
28 questions answered in plain words, from “What does the business actually do?” to “What to do next”.
Not identified with confidence; the original listing is in the member file. Why no names?
Written from the conditions and the open checks, in the order we would ask them.
21 things no document we found decides, each with the document that would.
Five-year projections per basis, the downside case, debt cover year by year, and the scenario workbook; the trail: 43 checks for this trade, each with its evidence and status.
The name, the condition, the questions for the broker.
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1,000 listings screened · 7 researched to the end · 5 published · Edition No. 8, 10 October 2026. We have no stake in whether this deal closes.