Mountain Publishing
Coin Laundries – Road to Financial Independence
by
Emerson G. HigdonReaders learn how to:
• Find a good business location and evaluate its potential
• Decide whether to purchase or start a new laundry
• Evaluate an existing business
• Identify and avoid costly pitfalls
• Negotiate a purchase with a laundry owner
• Verify the profit of an existing laundry
• Estimate profits from a new business
• Conduct and evaluate a market survey
• Plan and build a modern, highly-profitable laundry
• Evaluate, select, and save on laundry equipment
• Use formulas to determine utility requirements
• Negotiate a good lease and prevent future problems
• Estimate equipment and construction costs
• Reduce operating costs
• Find and work with qualified contractors
• Develop a business plan that will impress lenders
• Develop and evaluate your financial statements
• Get affordable financing
• Save on advertising while increasing sales
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