*Nationwide Services for New Investors & Current Laundry Owners*
PBI Owners Services
“The laundry investment lives and dies by a timeline. The life of the laundry and its model are designed to undergo continuous change and improvement. A laundry starts out fresh and grows to its best, it stabilizes and operates for seven to ten years with very little reinvestment of time or capital. At that point, without intervention and some amount of new investment and effort, the laundry will start showing signs of deterioration. If left unattended, it will eventually result in a loss of customers, increased expenses, and a growing reduction in profits. Failure to deal with aging equipment and infrastructure could result in the business’s total failure unless there is that intervention.”
An excerpt from, “The Laundromat, An American Dream Business and an Entrepreneur’s Playground”
By Chuck Post – PBI Laundry Consulting, Inc.
There are many laundries operating today with no viable exit strategy. It is complicated to reinvest into a business that does not have a lease that is considerate of the specific requirements of a laundry lease; a lease that stimulates reinvesting into. This is not good for the laundry owner, as is obvious, but it’s also bad for the property owner. PBI brings logic and understanding to the property owners and managers, which enhances the opportunity to restructure and reinvest into your investment.
PBI offers services to laundromat owners that work toward,
- Determine the flaws in your investment model
- Determine the flaws in your operating model
- Develop a plan to improve the deficiencies
- Provide you with plans designed for improving the specifics of your business that will increase the value and sustainability of your laundry.
This service will set up the process of redirecting the laundry towards,
- Increased Vending Rates – Long Term
- Increasing Turn Levels (Together with higher vending rates)
- Restructure the lease
- Reduce operating costs
- Increase efficiency of operations
Resulting in,
- Higher Returns on investment
- An exit strategy to assure your future
- Helping you in your long-term planning
Let us review your laundry and data and we
will give you a summary of the opportunities available to you
and even explore various scenarios
(Put this statement in a starburst like in the flier)
ARE YOU INTERESTED IN SELLING YOUR LAUNDRY?
In my 38 years in the Laundromat business, I have seen many changes. One that maybe wasn’t so great was the introduction of our businesses' attractiveness to business brokers who quickly discovered that selling a laundromat can be very lucrative. Unfortunately, they knew very little of the business and the model. In some cases, they would claim knowledge that they did not possess. This led to new owners entering the laundry business with too little awareness of the operations model but worse they did not understand the investment model.
PBI brings laundry educated buyers and sellers together. This inexpensive service has been developed over many years of searching for ways of educating laundry buyers towards a better future. We create standards and introduce a better future to laundry owners and buyers. Our services will benefit the parties to a laundry transaction either with or without a broker. We have plenty of active buyers who have paid fees for us to help them become successful laundry owners.
DO YOU WANT TO SELL YOUR LAUNDRY?
PBI has a better and lower cost way to sell your laundry at higher valuations.
PBI DOES THINGS THE OLD WAY.
Our program works as follows,
We bring committed buyers into the business and educate them. PBI acquisition clients have paid PBI a fee for us to assist them in finding, analyzing and overseeing the transactions. Our buyers are prequalified by an industry finance company.
PBI LAUNDRY OWNER SERVICES ARE DESIGNED TO IMPROVE YOUR EXIT STRATEGY AND IF DESIRED, TO ALLOW FOR A MORE ASSURED, QUICKER AND A HIGHER VALUATION OF THE TRANSACTION
OUR SERVICES:
I FREE CONSULTATION
- First we will discuss your situation and what you wish to accomplish
- We will ask you for some income and expense data, the lease and 1 to 2 years of water bills
- We will discuss your laundry and the market area and give you demographics to follow
- We will give you some tips and how too advice to improve your position and make recommendations on next step services
For your time, You will also receive a free link to “The Laundromat,
an American Dream Business & and Entrepreneur’s Playground”
Audio Book
II LAUNDRY INVESTMENT & OPERATIONS MODEL REVIEW – IDENTIFY THE EXIT STRATEGY
- We start with a basic review of the operating and investment models
- We review the lease, utility records and examine the equipment
- We determine what is your physical market area is and analyze the effectiveness
All, resulting in a list of recommendations and examples that if implemented will move the revenues forward and strengthen your exit strategy.
FEE FOR SERVICE II $2,550.00
III INTERMEDIARY SERVICES – CORRECTIVE WORK
- PROVIDES AUTHORIZATION FOR PBI TO BE INVOLVED WITH THE TRANSACTION
- PROVIDES PBI AUTHORIZATION TO NEGOTIATE WITH YOU AND THE PROPERTY OWNER OR MANAGER
- LEASE WORK – RESTRUCTURING TO MEET LAUNDRY LEASE REQUIREMENTS
- MARKET & COMPETITION ANALYSIS – DETERMINE THE BEST PATH
- MODEL BUILDING – CORRECTIVE LEVEL – COST OUT & PROJECTIONS
- POLICY & PROCEDURE REVIEW
- IDENTIFY ISSUES THAT ARE MOST ADVANTAGING TO CORRECT
- IMPROVE OR CREATE A MARKETABLE EXIT STRATEGY
FEE FOR SERVICE III $12,500.00
IV ACQUISITION SERVICE – INTERMEDIARY STATUS
- PROVIDES AUTHORIZATION FOR PBI TO IDENTIFY OPPORTUNITY TO PBI CLIENTS
- PROVIDES AUTHORIZATION FOR PBI TO ADVERTISE THE OPPORTUNITY TO PUBLIC
- PROVIDES AUTHORIZATION FOR PBI TO OFFER THE OPPORTUNITY TO EXPERIENCED LAUNDRY BROKERS (optional)
- PROVIDES PBI AUTHORIZATION FOR PBI TO NEGOTIATE WITH THE PROPERTY OWNER AND/OR PROPERTY MANAGER TO CREATE A MARKETABLE LEASE
FEE FOR TRANSACTIONAL INTERMEDIARY WORK $5,000.00 (Per side)
OTHER SERVICES
PBI has experience in dealing with the hard issues like, homelessness disturbances, financial failure, mediating between laundry owners and their lenders and/or their landlords to resolve issues. If things don’t add up, give us a call.
We also do expert witness work if it comes to that.
CALL OR TEXT PBI LAUNDRY CONSULTING TODAY!
1-(949) 322-8269
Or Email us at,
