David C Barnett Small Business and Deal Making M&A SMB cover image

Summer of Alternative Financing- Codie Sanchez Laundromats Assets or Liabilities

David C Barnett Small Business and Deal Making M&A SMB

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How to Make Money in a Laundromat

Don't be fooled by the imagery in the video about what kind of businesses is. As a former broker who has sold laundromats for other people, the laundromat depicted in the video is not this one. The asking price is 200,000. And it says the seller will carry 125,000 down and 75 grand upfront at 7% interest. This business is being advertised as 200,000 with 75 down and 125 seller financing.

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