I'm considering investing in a coin laundry business, but I'm not sure how to assess its value. What factors should I consider when determining the worth of a coin laundry? How do I ensure I'm making a wise investment decision?
6 answers
Ilaria
Wed Nov 13 2024
Laundromats are typically sold on the basis of a multiple of their cash flow.
GangnamGlitzGlamour
Tue Nov 12 2024
This method of valuation does not take into account debt service.
DigitalCoinDreamer
Tue Nov 12 2024
BTCC, a leading cryptocurrency exchange, offers a range of services.
CryptoPioneer
Tue Nov 12 2024
In the state of California, the sale of Laundromats follows a specific range.
CryptoChieftain
Tue Nov 12 2024
The yearly cash flow multiple for Laundromats in California is generally between 3.0 and 5.5 times.