Why Gary Ruff?
Your author, Gary Ruff, is a BBB accredited coin-laundry appraiser, financial analyst, consultant, and legal representative with thirty years experience in the laundromat industry, including: coin-laundry construction; laundry equipment modification and improvement; ownership of six coin-laundries in the N.Y. Metro area; wide experience as an analyst and appraiser; expert witness as to valuations; and as an Attorney at Law specializing in commercial laundries.
HERE’S WHAT I CAN OFFER YOU:
If you are seriously considering buying a coin laundry business, it’s where I come in, for the key to success is to secure impartial expert advice. This is exactly what I offer. My loyalty is solely to my client. I do not broker coin laundries. I do not benefit from the sale of laundry equipment. I offer no links to any other sites. I even forbid advertising on this site (thereby giving up considerable income). Moreover, I am BBB accredited. (You would do well to note the absence of such accreditation among the self anointed laundromat “experts” on the web.) My sole source of income is the fees I receive from my clients. Therefore, my economic survival depends upon my reputation, which in turn depends upon appraisals that are both honest and accurate.
For a very reasonable fee, I will empower you with information you must have in order to screen-out the many inferior deals (many of which are cleverly disguised as a “pot of gold”), and I will “walk through” the first coin-laundry with you to make sure you understand all of the important issues (there is very much more to a laundromat than meets the eye). Moreover, you should improve your coin-laundry knowledge before initial meetings with either sellers or brokers.
Or rather: Avoid the hazards of proceeding while under-informed.
Of all small business models, coin-laundries are the most alluring. Being deceptively simple looking, they are also the most beguiling.
Laundromats are not transparent – they lend themselves well to both broker and seller fraud and omission. All seller representations, especially those as to gross revenue require independent expert verification.
It’s all about getting value for the price you pay: the smart buyer will demand that the relationship between value and price favors them. It is my mission to ensure this.