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Updated over 5 years ago, 04/26/2019

User Stats

678
Posts
531
Votes
Tony Castronovo
  • Rental Property Investor
  • Park City, UT
531
Votes |
678
Posts

Laundry Contracts Do's and Don'ts

Tony Castronovo
  • Rental Property Investor
  • Park City, UT
Posted

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? 

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