• How to Buy a Laundromat (and avoid pitfalls)

  • Apr 23 2025
  • Length: 14 mins
  • Podcast

How to Buy a Laundromat (and avoid pitfalls)

  • Summary

  • James Monroe of Cape Fear Laundry shares his story about how he bought a laundromat and did not get taken. Laundry Broker Andy Cunningham drops game-changing insights, arming you with the ultimate toolkit: from sizing up opportunities, conducting a multi-pronged competitive analysis, creating the optimal machine mix, scouting the perfect location, measuring capacity, and decoding financials—all while steering clear of costly pitfalls!

    James shares his secret to adding value, "Care to make more money" Is that a question or an answer?

    Questions about buying or selling laundromats? Ask Andy at https://www.laundromats-unfiltered.com/

    Curbside Laundries wash and fold POS business solution

    0:10 Finding a Laundromat for Sale
    1:26 Due Diligence When Buying a Laundromat
    2:12 Andy Cunningham Laundromat Broker
    2:43 Transforming a ZombieMat
    3:39 Evaluating Laundromat Opportunities
    4:07 Getting into the Laundry Business
    5:06 Competitive Analysis
    5:37 Laundromat Location Analysis
    6:22 Laundromat Capacity
    7:04 Understanding the Laundromat's Financials
    8:00 Don't Get Fooled
    8:37 Prove it!
    9:40 Adding Value
    10:38 Care to Make More Money?
    11:42 Incremental Improvements
    12:36 Laundromat Revenue Centers

    Click here to see a demonstration of the Curbside Wash and Fold & Pickup and Delivery solution
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