Well water

[John Groves]

I am clearly far from starting the process to acquire a laundromat, but i came across a listing for a laundromat that has a well. How would that work as far as valuation when doing your due diligence? Would you just have to guess with the expected water use depending on the machines and work backwards from the coin counts? I am also figuring that the well would only require periodic maintenance rather than having a monthly bill which should benefit the bottom line, no?

[Alex Alleva]

Hey John

I just posted a similar question. Where you able to find anyone with answers to your questions? Did you end up buying the laundromat in question? Thanks

Alex

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