: Inspect soap dispensers, change machines, and folding tables. 3. Location & Demographics
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 buying a laundromat checklist
: Compare the owner's P&L statements against their tax filings. Discrepancies here are a major red flag. : Inspect soap dispensers, change machines, and folding
: Request at least 12–24 months of water, gas, and electricity bills. Since laundromats are cash businesses, utility usage is the most accurate way to verify reported income. : Inspect soap dispensers