A Laundromat Checklist — Buying

: Verify rent, insurance, property taxes (if NNN), and any existing service contracts for trash or security. 2. Equipment & Infrastructure

: Many older shops are coin-only. Transitioning to card or app-based payments can increase usage and simplify your bookkeeping.

: Determine if the business is "attended" or "unattended." If there are employees, review their pay rates and reliable history. buying a laundromat checklist

: Map out other laundromats within a 3–5 mile radius. Visit them to check their pricing, cleanliness, and "vibe."

: Note the make, model, and year of every washer and dryer. Machines typically last 10–15 years; if they are nearing the end of their life, you must factor in significant "retooling" costs. : Verify rent, insurance, property taxes (if NNN),

Buying a laundromat can be a stable "recession-proof" investment, but success depends on careful due diligence regarding equipment, location, and financial transparency. Use this checklist to evaluate a potential acquisition. 1. Financial Performance & Records

: Check if the current owner offers drop-off services. This is often the highest-margin part of a modern laundromat. Transitioning to card or app-based payments can increase

: Ask for service records. Frequent repairs on specific units may indicate it's time for a replacement.