I’m currently in Due Diligence to purchase my first laundromat, I’ve reviewed the financials 1000 times over, and come up with these expenses below; what else am I missing? Can you identify any additional expenses I may have missed?
SALES
Legal/Accounting
Water
Phone/Wifi
DTE
Payroll
Wet Pipe
Retail Inventory
Maintenance (5%)
Insurance
Advertising/MKT
Materials
HVAC Maintenance
TOTAL EXPENSES
GROSS PROFIT
Loan
Rent
CAM
Total Finance Expenses
NET INCOME
Additional topics to follow, but I’d like to start with expenses.