Latest / The Buyer & Seller Podcast with Fexingo: Business Brokers, Exits, and Private Sales Explained
How a Small Family Laundry Sold for 10x EBITDA
Lucas and Luna break down the surprising case of a two-location dry-cleaning business in suburban Chicago that sold for 10 times EBITDA — a multiple typically reserved for software companies. They walk through how the owners shifted from walk-in cash customers to a route-based subscription model, locking in recurring revenue that transformed the business's perceived risk. Along the way, they discuss the psychology of private buyers, the role of contract duration in valuation, and why a small mom-and-pop operation can sometimes earn a premium multiple. This episode is a concrete look at…
The skinny
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