I am hoping to get advice here on a potential purchase of a laundromat in large city. I don’t know the age of the machines but some seem really old and others appear to be newer. The machines are:
20 lbs: 10
35 lbs: 8
40 lbs: 8
50 lbs: 2
10 Maytag top load
single stack: 14
double stack: 7
2700 sq ft rental space for $2100 month, gas $200, water $600, electric $450
Monthly Income: Coin $4000, wash/fold $700, soaps/etc $700, alterations $700, Contract alterations $4000
Asking price is $40,000
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