Laundromat 10-Year Financial Model (Excel XLSX)

VIDEO DEMO

BENEFITS OF THIS EXCEL DOCUMENT

1. Cohort Modeling
2. Feasibility Analysis
3. IRR

INTEGRATED FINANCIAL MODEL EXCEL DESCRIPTION

This product (Laundromat 10-Year Financial Model) is an Excel template (XLSX), which you can download immediately upon purchase.

If you have ever thought about starting your own laundromat business, this template will help you take things to another level. The base design is to forecast expected capital asset buildout of various types of washers and dryers at a single location and the resulting revenues driven from them. Cohort modeling is utilized for all the machines in order to provide the most accurate projections possible.

For each cohort, you can define the following:
Month of Machine Purchase
# Purchased
Cost per Unit
Total Cost
Price / Use
Max Hours Available/Month/Machine
Average Time per Use (minutes)
Max Monthly Washes (all machines)
Useful Life (only for depreciation)

Since seasonality can be a big factor in cash flow planning for the early years, this model includes the ability to adjust the % of max utilization that is achieved in each month over time.

Fixed costs and variable costs have their own input area and the variable costs are based on repair / maintenance cost per machine per month, electricity cost per month, and water cost per month per machine. As you add more or less units, these costs will change.

There's also a second assumption configuration section for other capital assets, such as vending machines or other items and an ancillary income input with a gross margin input.

This is a very good tool for running a bunch of different feasibility scenarios based on a laundromat location acquisition and/or development. Final output reports include monthly and annual financial statements, annual executive summary, DCF Analysis / NPV, IRR, equity multiple, and the ability to account for multiple inside and outside investors or just a single owner / operator investor.

You can choose to include the terminal value on the end month you select for the forecast or not. The terminal value will be based on a multiple of trailing 12-month revenues less any debt remaining.

To more easily digest the financial forecast, there are 10 visualizations.

Note, the template comes in a blank version, but the instructional video included in the file walks the user through every single input in a simulation so you can see exactly how to use the assumptions.

This financial model is designed to provide a comprehensive view of your laundromat's potential performance over a decade. With detailed revenue projections and cost breakdowns, it enables you to simulate various scenarios and make informed decisions about your investment strategy. The inclusion of visual analytics enhances clarity, allowing you to quickly grasp key financial metrics and trends.

Source: Best Practices in Integrated Financial Model Excel: Laundromat 10-Year Financial Model Excel (XLSX) Spreadsheet, Jason Varner | SmartHelping