Here are 5 lessons I learned from selling my laundromat last year that can help you as a prospective business buyer.Lesson 1️⃣ - Listing sites can be a legitimate way to buy and sell a business.I will often hear people say that they’re not even going on listing sites because “they only have bottom of the barrel listings,” but this has not been my personal experience.

I signed up for something on Ron LeGrand's web-site (the free access portion).

I love this site and all the professionals that give away free advice with no strings attached.

Do you collect cash via PayPal/venmo/Zelle and then refund, or use credit card payment process to allow the guest to pay the deposit by credit card?

The land assessment value is on the tax assessor's site in every county, but that doesn't hold a ton of relevance in my opinion.

Clearing potential building sites.  

The hard part will be explaining you cannot pay the overage.  

An example of one package we have is a Romantic Package - $199. 12 Balloons (buy the helium tanks and keep balloons on site for your team or use a local shop)Rose Petal Entry Way (bought off Amazon)2 Dozen Roses (local grocery store for $10-15 each dozen)Led Candle Display (bought off amazon and reusable)I Heart U Signs (amazon and reusable)Champagne (or wine if they want)This equals around $60-70 each time and we pay our cleaner $40 to set up.

The list comes out at least 30 days before the sale and the owners have opportunities to pay off the debt anytime in those 30 days. 

If you pay $300,000 for a property and it rents for $3,000, that is 1%.