The questions we hear most.
Who buys laundromats and dry cleaners?
Valemont Group buys laundromats, wash-and-fold operations, and dry cleaners directly from their owners. We are operators building a national garment care platform, not a broker and not a first-time buyer. The team has launched over 200 laundromats and led over 100 acquisitions, with C-suite backgrounds at Queen City Laundry, CSC ServiceWorks, and Duds & Suds.
How do I sell my laundromat or dry cleaning business?
It starts with one confidential conversation. We look at a few simple financial documents, bring you a market offer with the options behind it, verify the details in due diligence, and close. It commits you to nothing until you decide to move forward.
What is my laundromat or dry cleaning business worth?
We give you a straight read from a few simple financial documents, then a market offer. We verify the details in due diligence before we close, and the number can move as we confirm what we have seen. We would rather be straight about that up front than walk it back later. Our guide on what a laundromat is worth shows the arithmetic.
Can I sell part of my business and stay involved?
Yes. If you want to stay involved, that is very possible. We can take over the operations you would rather hand off, and you can keep working part-time or focus only on the parts of the business you enjoy. We build the role around what you want.
How long does a sale take, and is it confidential?
Every conversation stays confidential, and we never share your interest with your staff, customers, or competitors. A first talk commits you to nothing. Moving forward usually takes 30 to 90 days depending on how fast we get your information.
Do you only buy in one region?
No. Valemont is building a national garment care network and reviews established laundromats and dry cleaners across the United States. If you own a profitable business with a real customer base and you are thinking about a transition, it is worth a conversation.
How is a laundromat valued?
Established stores generally trade at roughly 2.5 to 5 times EBITDA, the store's yearly earnings after every cost, including a manager to run it. Where a store lands in that range depends on everything a buyer verifies, starting with the books, then the lease, the equipment, the customers, and what due diligence turns up. Our guide on what a laundromat is worth walks through the whole calculation.
What documents will you ask for?
Six things: two to three years of tax returns, profit and loss statements for the same years, the lease, an equipment list with ages and vend prices, twelve months of utility bills, and payroll. Returns carry the most weight because capital partners price off filed returns. The document checklist covers each one, and the equipment list spreadsheet is a fill-in download.
Do I need a broker to sell?
No. A broker markets a store and typically charges around ten percent at closing. An established store with clean numbers usually needs one serious buyer, not marketing. We buy directly, which keeps the sale quiet and the commission in your pocket. How to sell a laundromatHow to sell a dry cleaner covers both paths.
Are there fees to sell my laundromat?
Not to us. We are the buyer, so Valemont never charges a commission or a fee. If you sell on your own, there is no commission at all. If you already work with a broker, we work through them and their fee is settled as agreed. Either way, you bring your own lawyer and accountant, as in any sale.
Do you work with business brokers?
Yes. We buy, we don’t list. Bring us a store and we work through you from first call to closing. We never go around a broker, and your engagement is honored at closing. Brokers who bring us good stores get fast answers and a long-term buyer to call first. Send listings to arthur@valemg.com.
My lease is short. Can I still sell?
Yes. Stores sell with short leases all the time, and the lease shapes the price more than owners expect. Many owners talk to their landlord about option years before going to market, and some deals close with the buyer negotiating a new lease directly. Our short-lease guide covers the paths.
Will contamination stop me from selling my dry cleaner?
No. Plants with a site history sell regularly. Perc is why lenders ask for a Phase I environmental site assessment, which is a records and site review rather than digging. A known condition gets priced the way any known risk is priced. We pay for our own diligence on it and raise it early. Our environmental guide covers what happens.
What is my dry cleaning business worth if it is not profitable?
It still has value. Most established dry cleaners trade at roughly 2.5 to 5 times EBITDA, but a plant that does not clear a profit once a manager is priced in gets valued off its parts instead: the equipment, the customer list, any route or commercial accounts, and the real estate if you own it. Our dry cleaner valuation guide shows both paths.
What does due diligence look like?
We verify what the documents say: revenue, the lease, the machines, the bills. Defined asks, a clear timeline, no fishing expeditions. With a prepared seller it runs two to four weeks. What buyers verify in due diligence lists everything we check, so nothing surprises you.
What happens after I sign an LOI?
Four things over 30 to 60 days: due diligence, the purchase agreement, the lease assignment with your landlord, and closing. Our guide on what happens after the LOI walks through each step in order.
Who else will know we talked?
No one. A first conversation is confidential, and it stays confidential through diligence. Your staff, customers, and competitors hear about a sale when you decide they do, not before.
Who is behind Valemont Group?
Operators and a board you can look up. Valemont is chaired by Thomas C. Wajnert, who founded AT&T Capital and later chaired Reynolds American, with Michael Rama, a 25-year public-company CFO, as CFO. The operators on the board run the businesses sellers already know: Phil Akin is CEO of Clean Laundry, a modern retail laundromat chain with 163 locations and growing; Dave Menz founded Queen City Laundry and Laundromat Millionaire; Chad Mayr runs University Cleaners and Wash-O-Matic; Tommy Heffernan spent fifteen years running Super Laundry at CSC ServiceWorks, the largest route operator in the country; John Tyrrell owns Solomatic and was a WaveMAX master franchisee. Between them the team has launched over 200 laundromats and led over 100 acquisitions. Arthur B. Gupta is the founding director. Every name is on our team page and on LinkedIn.
How do I know Valemont is a serious buyer?
The people reviewing your store run Clean Laundry’s 163 locations, Queen City Laundry, University Cleaners and Wash-O-Matic, and spent fifteen years running the largest route operator in the country. Judge us by how we work, and check everything. The offer comes from us and nobody earns a commission on you. Diligence runs at our expense, and the NDA arrives already signed. The confidentiality agreement comes signed by Arthur before you share a number. Every offer is reviewed by the board before it reaches you, and it comes with the reasoning, not just a figure. And we publish how we value stores where every other buyer keeps it vague. A first conversation costs nothing, and you can verify each of these claims before it.
Are you brokers?
No. We are the buyer. We do not list businesses, market them, or charge commissions. We acquire laundromats, wash-and-fold operations, and dry cleaners with our own board behind every offer, and we operate them after closing. If you want a broker instead, that is a fine path too, and our guide covers both.
