The seller's document checklist.
Five documents answer most of what any serious buyer will ask. Owners who have them ready move through a sale in weeks. Owners who assemble them mid-deal lose months, and sometimes the deal.
1. Tax returns, last 2 to 3 years
Returns come first, every time. They carry the most weight because the capital partners and lenders funding most deals price off filed returns, and only filed returns. A clean P&L alongside them speeds everything up and fills in the detail the returns compress. Together they establish the EBITDA the whole price is built on.
2. The lease
The full document, with any amendments and extension options. Buyers read the term, the rent schedule, the assignment clause, and what the landlord can do at transfer. A store with a strong lease is worth more, and the lease is how you prove you have one.
3. Equipment list with ages and vend prices
Every washer and dryer: brand, capacity, the year it went in, and what it charges per cycle. Add the water heater and any boiler. The ages tell a buyer what the next five years of capital costs look like. The vend prices tell them whether revenue has room to grow. Download our equipment list spreadsheet, fill it in, and this item is done.
4. Recent utility bills
Twelve months of gas, electric, water, and sewer if you have them. Utilities are a laundromat's biggest cost after rent, and bills that line up with the revenue story give a buyer confidence in every other number you show them.
5. Payroll and staffing
Who works in the store, hours, and cost, including you. If the store runs unattended part of the day, say so. Buyers price an owner-operated store differently from a managed one, and clarity here avoids the wrong price in either direction.
Worth adding if you have them
Wash-and-fold or POS reports, commercial account invoices, business licenses, and insurance declarations. Every additional record that confirms the story makes the store easier to pay full value for.
What to do with the pile
Bring it to a buyer. We are one. Valemont Group acquires laundromats and dry cleaners directly from owners, and a first conversation is confidential and commits you to nothing. If you want the fuller picture first, start with what your store is worth.
Common questions.
What documents do I need to sell my laundromat?
Five things: two to three years of tax returns, 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.
Why do buyers want my utility bills?
Utilities track machine usage, so the bills corroborate the revenue story. Twelve months of consistent bills make every other number easier to believe and easier to pay for.
More owner guides.
Ready to hear a number?
One confidential call. If the store fits, the offer follows, with the board behind it.
