Free · MIT · Runs in your own Claude Project

A screening discipline for your first laundromat acquisition.

You're reviewing your tenth BizBuySell listing. The financials look fine, the lease is "probably standard," the seller's reason for sale is "ready to retire." You feel the gravity of a six-figure SBA personal guarantee. You want a structured second-read before earnest money goes anywhere.

Paste the listing. Get a verdict — PURSUE, PROCEED WITH CAUTION, or PASS — with ranked risk flags, named professionals behind each diligence item, and a DON'T-DECIDE-YET column that says exactly what not to commit to before specific review.

SDE multiple by revenue band (US, 2024–2026 typical)
Revenue band (TTM)LowMidHigh
$100K – $200K2.0x2.7x3.4x
$200K – $350K (most-common buyer band)2.7x3.4x4.0x
$350K – $500K3.2x3.8x4.4x
$500K – $750K3.5x4.0x4.5x
>$750K3.8x4.2x4.5x+

Comps that don't sit in a band trigger a refusal, not a fabricated multiple. The discipline cites the row; it doesn't make up a number.

What it does

Five jobs. One discipline. Verdict first, reasoning second, evidence cited.

Five surfaces — each driven by the same screening logic and the same refusal gates. You ask. It answers. Where the answer needs a binding voice — your SBA lender, a transactional attorney, a CPA — it says so and stops.

Job 01

Screen a listing

Paste the listing. Get the verdict, ranked risk flags, strengths, data gaps, DON'T-DECIDE-YET column, and the next three concrete steps.

Job 02

Compare deals

Paste 2–4 listings. Get a side-by-side table, ranked fit per your buyer sub-segment, recommendation on which (if any) to LOI.

Job 03

Valuation band

Defensible $low / $mid / $high band with the SDE multiple, comp set named, adjustment logic shown. No comp band? It refuses, doesn't invent.

Job 04

Due-diligence checklist

Phase 0 / Phase 1 / Phase 2, sub-vertical-specific and buyer-sub-segment-specific, with the named professional behind each item.

Job 05

SBA financing feasibility

yes / yes-with-caveats / no per sub-segment. First-time individual, E-2 visa, or regional clusterer paths — each routed differently.

+ memo mode

Investment-screening memo

Type memo after a screen. The output reformats as an 8-section memo you can walk into a lender meeting with — cover, exec summary, risk register, deal structure, diligence roadmap.

Why the trichotomy

Three verdicts, not two. The middle is load-bearing.

Most listings don't deserve a clean buy-or-walk answer. The middle isn't a hedge — it's a directive: the deal could pencil if these specific items resolve. Forcing a binary on a six-figure personal-guarantee decision is what gets first-time buyers in trouble.

PURSUE

At minimum 4 of 6 dimensions in green, no dimension in red. The deal pencils and the path forward is clear. Remaining work is execution, not investigation.

PROCEED WITH CAUTION

At least one yellow OR one red where the red can be moved to yellow by a specific named diligence item. The verdict is a directive: do these things first.

PASS

Financial integrity unrecoverable, lease structurally hostile, equipment CapEx burden >25% of price, owner is the business, or two-plus red dimensions with no diligence path. Walk.

Sample output

Fictional listing, real discipline.

Composite listing drawn from publicly-aggregated BizBuySell category data. The financials sit inside published bands. The structural details are typical. No real broker page was used.

Composite — for illustration · not a real listing

Suburban Midwest metro · unattended-hybrid-standalone · Ask $385,000 · TTM revenue $268K · TTM SDE $92K · 22 washers · 30 dryers · equipment ages 4–14 years · card system installed 18 months ago · lease 4 years + 1×5-year option

PROCEED WITH CAUTION Financials sit inside the comp band. Three flags need resolution before LOI.

Ranked risk flags

  1. Lease term 4+5 against SBA 10-year amortization. 9 years available; lender may discount, restructure, or decline. Cites red-flags-checklist §lease-assignability, sba-financing §lease-term-rule.
  2. Equipment-age range 4–14 years means oldest cohort approaching front-load replacement window. Year-1 to year-3 CapEx exposure non-trivial. Inspector-verified remaining-useful-life is the gating diligence item.
  3. Water/sewer at 24% of gross is top of typical band. 20–25% is normal; 24% is normal-but-high. Two sub-questions: sewer credit setup, and pending rate hikes.

DON'T-DECIDE-YET column

Don't commit toNamed professionalBefore-action trigger
Submitting the SBA loan commitment SBA lender + transactional attorney coordinating Lease assignment consent received in writing from landlord, with assignment-survives-renewal language and no escalation clauses
Accepting 24% water/sewer as the run-rate Independent water-bill auditor OR 24 months of utility statements pulled directly Statements reconciled with meter-read history; sewer-credit / irrigation-meter setup verified or ruled out
Accepting the equipment-age list as accurate Coin-laundry equipment inspector (independent of seller's distributor) Inspector has read serial-plate dates on every machine and produced a written remaining-useful-life schedule

Next 3 steps

  1. Email broker requesting (a) 24 months of utility statements, (b) full card-system transaction export, (c) equipment-by-equipment serial-plate photos.
  2. Schedule independent equipment inspection conditional on accepted LOI.
  3. Have transactional attorney read the lease before LOI. Lease term against SBA amortization is the most-likely deal-killer here.

Full worked examples (including a PASS-verdict screen) live in examples.md on GitHub.

What it won't do

Six refusal gates. Quoted verbatim from the rules.

A screening discipline that can't refuse isn't a discipline — it's a hallucinator with a verdict label. The specialist names the line in advance.

1. No binding investment, legal, or tax advice.
"I surface considerations only. For binding interpretation, you need three voices on this deal: an SBA lender (financing eligibility + structure), a transactional attorney (lease + asset purchase agreement), and a CPA (QoE + tax structure of the close). I am not any of those three. I won't tell you whether to sign."
2. No binary verdicts.
"I won't return buy-or-walk on a single listing. The verdict is always one of PURSUE / PROCEED WITH CAUTION / PASS, and CAUTION is the right answer more often than either edge."
3. No valuation without comps.
"I won't give you a multiple without naming the comp band I'm pulling from. I'd rather flag the gap than fabricate a number that anchors your negotiation wrong."
4. No insider-expertise claims.
"I'm a screening discipline, not a laundromat industry insider. The person who built me hasn't bought a laundromat. For tactical operator questions — specific equipment choices, payment-system vendor selection — you want an operator-consultant or the distributor's rep, not me."
5. No off-domain screens.
"I screen laundromat acquisitions specifically. Vending, mobile-home parks, car washes, route businesses, commercial B2B laundry — the screening discipline transfers in shape but not in specifics. I won't screen them."
6. No fabricated listings.
Worked examples use composite financials drawn from public BizBuySell category data + industry surveys. No real broker URL, no real company name, no real city. If you paste a real listing, that screen is real — but the specialist never invents an example.
Proof block

What others have said.

Placeholder by design. Real-user receipts go here after the first cohort tests the discipline against listings they're actually screening. No invented testimonials, no synthetic engagement metrics, no manufactured case studies.
Setup

Five steps. About twenty minutes.

The specialist is a folder of markdown files. You load it into a Claude Project once. From then on you paste listings into that Project, and the discipline persists across conversations.

  1. Download the repo

    Clone github.com/NFTYoginis/laundromat-deal-screener or download the ZIP. The whole specialist is text — no install, no API key, no monthly cost beyond your Claude subscription.

  2. Create a new Claude Project

    In Claude.ai, create a new Project named "Laundromat Deal Screener" (or whatever you prefer).

  3. Add the files to the Project's knowledge

    Upload identity.md, rules.md, examples.md, memo-mode.md, and the seven files under reference/laundromat/. Skip docs/ and _template-vertical/ — those are for the public site and future verticals, not the runtime.

  4. Set custom instructions

    Paste this into the Project's custom instructions: "You are the laundromat deal screener defined in the project knowledge files. Follow identity.md, rules.md, and the reference layer. Always start by stating the buyer sub-segment you're assuming, and invite correction. Verdict first, reasoning second, evidence cited."

  5. First-run prompt

    Paste a real BizBuySell listing into the Project and write: "Screen this listing. I'm a first-time SBA-financed individual buyer." Output should arrive in the verdict-first, ranked-flags, DON'T-DECIDE-YET shape.

Frequently asked

What you're probably about to ask.

Is this a marketplace? An auto-screener? A SaaS?
None of those. It's a folder of markdown files you load into your own Claude Project. There's no UI, no backend, no auth. The discipline lives in the text; Claude runs it.
What does it cost?
Zero, beyond your existing Claude subscription. MIT-licensed. Fork it, modify it, redistribute it.
Who's it for?
Primary: first-time SBA-financed individual buyers — someone evaluating their first laundromat acquisition. Secondary: E-2 visa buyers (cash-financed paths) and small regional clusterers adding a store to a 2–5-store portfolio. Each sub-segment routes differently in the rules.
Is the author a laundromat industry insider?
No. The author hasn't bought a laundromat. The specialist's value is structured reasoning + cited reference data, not insider knowledge. The refusal gates are explicit about where insider-tactical questions belong (operator-consultants, manufacturer distributors).
How is this different from running things through plain ChatGPT or Claude?
The reference layer. The specialist has seven files of laundromat-specific screening criteria, industry benchmarks, red-flag patterns, valuation methodology, due-diligence framework, SBA financing rules, and sub-vertical routing — about 50KB of structured domain content the LLM consults on every screen. Plain LLM gives you plausible-sounding answers; the specialist cites which file and row it pulled each claim from, and refuses to invent comps when the comp band isn't in the file.
How current are the industry benchmarks?
Refreshed 2026-05-13 from publicly-aggregated BizBuySell category data and industry-survey aggregates. The specialist follows a 90-day refresh discipline — when industry-benchmarks.md is older than 90 days, the specialist flags this at conversation start before screening.
Can I screen non-laundromat acquisitions with this?
No. Off-domain refusal fires on vending, mobile-home parks, car washes, route businesses, B2B commercial laundry, and general SMB. The shape of the discipline transfers; the domain content doesn't. There's a _template-vertical/ scaffold in the repo documenting what would transfer to a sibling specialist.
What about international (UK / Canada / Australia)?
US-seeded for the first ship. International packs (different financing systems, different lease structures, different regulatory environments) would be a separate build.
How do I contribute or report an issue?
GitHub issues on the repo. PRs welcome — especially on benchmark refreshes, new red-flag patterns, and corrections to anything domain-inaccurate. The reference layer is meant to improve with real-user signal.