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Updated over 5 years ago, 04/26/2019
Laundry Contracts Do's and Don'ts
I need some help on something I have virtually no experience...laundry. We are building out a small laundry facility at our apartment complex and expect to complete a revenue share agreement with an equipment vendor. They are offering 5,7, and 10-year terms...with the revenue to me increasing in proportion to the term. I assume this is negotiable but not really sure what to push for. Thoughts?