I am interested in possibly purchasing my first laundromat; however, based on the gas bills there was approximately a 50% drop in usage. I would like to know if COVID has had an impact and if so, to what extend on laundromats during 2020. Also, it appears as though the common wording for no proof of a portion of income is “it is a cash business.” I feel that if there is no proof of all revenue, then the price should be based on actual revenue verified. Any suggestions on this as well?
Thanks.
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