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Interview: Chuck Post On How To Buy A Laundry Business Successfully



Chuck Post (and his Associate Chris Mason) a California laundry consultant, due diligence specialist, buyer representative for laundry buyers shares his thoughts with Peter Siegel, MBA on his weekly BizBen Podcast. Chuck and Chris cover all related topics on buying a California laundry.

Topics Discussed Included:

* How Has The Laundromat Industry Changed Over The Last 10 Years

* What Are Some Of They Myths Of Operating A Laundry?

* Is It Easy To Own & Operate A Laundry?

* What Is It Like Owning A Laundry? How Much Time Will It Take Weekly To Operate?

* How Do Laundry Investments Differ From Other Business Purchases? Financial Models?

* How Important Is The Lease?

* How Do You Determine The Value Of A Laundromat?

* How Do I Know That What I Am Told Is True In An All Cash Laundry?

* What Does Doing Due Diligence Entail With Buying A Laundry?

* How Does The Investment Perform? What Is The Financial Model That Works?

* What Are The Tax Benefits Of Owning A Laundromat?

* What Are The Most Important Things I Need To Know About Buying & Owning A Laundromat?

Chuck Post can be reached via phone at 619-227-5711 - read more about Chuck on his BizBen Profile.




  Helpful Resources To Assist In Selling And Buying California Businesses
Larry Larsen: Laundry Consulting, Brokerage, Insurance - Southern California

I have over forty years of experience in the sales, ownership, management, and construction of coin laundries. He is a licensed broker active in the sale of coin laundries, a licensed insurance agent specializing in coin laundry insurance. Phone me at 714-630-9274 or 714-630-Wash.

Chuck Post: Laundry Buyer Representation, Consulting, Due Diligence

Chuck Post has 32 years experience in the laundry industry, specializing in assisting laundry buyers (and entrepreneurs) with buying or starting up, building, re-tooling, laundries throughout California. Laundry buyer representation, consulting, due-diligence, lease negotiations, laundry valuations.

Brad Steinberg, Broker - Laundromat Specialists

PWS is the leading laundromat broker in California. Since 1968 PWS has brokered over 2,500 laundromat sales. With over 90 employees dedicated to the coin laundry industry, PWS has 18 licensed agents, a 3 person in-house finance department, 10 service technicians and a 20 person parts department.

Steve Erlinger: Laundry Broker, Consultant

I specialize in the laundry industry broker and consultant in Southern California. I assist buyers navigate the many facets of finding, evaluating, and operating a laundry business. I also help current laundry owners find additional stores, sell, evaluate an existing laundromat. Call 949-500-5893.

Mike Hurrell, Broker: Coin & Card Laundry Specialist Brokerage

Providencia Properties Inc in association with Golden State Laundry Systems is a full service Coin Laundry Real Estate Broker. At GSLS you will receive personalized attention from our professional staff of coin laundry experts. To sell or buy a Southern CA laundromat call Mike at 310-223-2240 X209.

Helen Yoo, New Century Escrow - Escrow Services In Southern California

New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese. Call Helen Yoo direct at 626-890-1151.

Willard Michlin, CPA, Certified Fraud Examiner, Due Diligence

Willard Michlin, CPA #106752, offers buyers step by step training & assistance in doing Due Diligence Services when they are thinking of making an offer, or are in process of investigating a business purchase. He helps to determine the actual net profit even when there is cash. Call 805-428-2063.

Elizabeth McGovern: Escrow Services - San Francisco Bay Area

McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.


  Related Articles, Events, Blog Posts, Discussions, Videos, Interviews
Laundromat Business Valuations: Could Buyers Of Laundries Be Overpaying?

Chuck Post (laundry buyer rep, consultant, due-diligence expert) discusses the factors of appraising laundries. Why such high purchase prices is baffling - many times the value is so misunderstood that it results in laundry buyers over-paying for a laundromat. Reach Chuck direct at 619-227-5711.

Increasing Your Laundry Business, Getting Your Laundromat Ready For Sale

Running a laundromat is simple, yes, but it's not easy. In this article Steve Erlinger - Laundry Broker & Consultant at 949-500-5893 will cover what it takes to increase business and get your card or coin, laundromat in top shape ready to sell for top dollar in any economic environment.

Interview: With Chuck Post On How To Buy A Laundry Business Successfully

Chuck Post (and his Associate Chris Mason) a California laundry consultant, due diligence specialist, buyer representative for laundry buyers shares his thoughts with Peter Siegel, MBA on his weekly BizBen Vlog & Podcast show. Chuck and Chris cover all related topics on buying a California laundry.

Is The Laundry Business For You? Pros & Cons From A Laundry Broker / Advisor

Is a laundry business for you? Read the Pros and Cons of buying and operating a small or medium sized card or coin laundry. If you have ever thought about buying a card or coin-op laundromat you should read this BizBen blog post by Steve Erlinger (Laundry Broker & Consultant at 949-500-5893).

Buyer Asks: Is Buying A Service Based Business A Good Choice These Days?

I've been selling businesses a long time & I get many calls from buyers who are open to buying something but aren't sure what would be a good investment. I'll get asked what I would buy if I was them and my answer is always the same, "a service business". Business broker Chris Lazurik explains.

4 Essential Facts For Coin, Card Laundry Buyers Seeking To Buy A Laundromat

Many Californians want to buy a coin laundry because it's a business that doesn't require full time owner attention and because, as an all cash business, the owner is always paid before the service is provided. Peter Siegel at BizBen explores these issues in his latest artcle/blog post on BizBen.

Laundry Broker Reports On The Latest Trends From The Laundromat Industry

Steve Erlinger, (laundry broker specialist/consultant 949-500-5893) reports the latest laundry industry trade show & what's new in the coin and card laundry industry. He discusses what various manufacturers are doing and why laundry distributors can be important ally when buying a laundry business.

Laundry Expert Reviews: The Laundry Lease And Its Effect On The Valuation

Read why longer leases increase the value of a card or coin laundromat when buying or selling a laundry. Chuck Post (Laundry Broker, Consultant at 619-227-5711) expands on the topic of lease structures on the purchase or selling of a laundromat. Laundry sellers and buyers will want to read this.

See All News, Tips And Events

Chuck Post Laundromat Industry Expert
Steve Erlinger Laundromat Broker
Larry Larsen Laundromat Broker
Golden State Laundry System Laundry Business Brokers
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