What buyers verify in due diligence.
Due diligence is the buyer confirming that the store is what the documents say it is. It is not an audit and it is not an attack. Here is what a serious buyer checks, so nothing surprises you.
Revenue
Bank deposits, card and app revenue, POS or wash-and-fold reports, and how they reconcile against the returns and P&L. In a coin store, a buyer may also watch collections for a period. The goal is simple: the revenue you claimed is the revenue that exists.
The lease
Term, options, rent schedule, escalations, and the assignment clause. The buyer's attorney will read it, and the landlord will be part of the closing. If your lease is short, that surfaces here, which is why we wrote a separate guide on short leases.
Equipment
Age, condition, and service history of every machine, plus the water heater and boiler. Expect a walkthrough. A buyer is estimating the next five years of capital spending, and the machines answer that question.
Utilities
Gas, electric, water, and sewer bills for the trailing year. Utility consumption tracks machine usage, so these bills also corroborate the revenue story. Consistent bills make everything else easier to believe.
Payroll, licenses, and the rest
Staffing costs, business licenses, permits, insurance, and any commercial account contracts. None of it is dramatic. All of it has to be there.
How long it takes
With a prepared seller, diligence runs two to four weeks. The document checklist is the preparation. Sellers who walk in with the file ready set the pace of their own deal.
Our approach to it
Valemont Group runs diligence the way we would want it run on us: defined asks, a clear timeline, and no fishing expeditions. We tell you what we need up front, and when something changes the picture, we say so and explain why. How the whole process works is public, and a conversation is confidential.
Common questions.
How long does laundromat due diligence take?
Two to four weeks with a prepared seller. The buyer verifies revenue, the lease, the equipment, utilities, and payroll against the documents. Sellers who walk in with the file ready set the pace of their own deal.
Can the price change during due diligence?
It can. If verification turns up something different from what the offer was built on, a serious buyer explains exactly what changed and why, and you decide how to proceed.
More owner guides.
Ready to hear a number?
One confidential call. If the store fits, the offer follows, with the board behind it.
