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 how service businesses can engineer a higher exit price without adding complexity. #DryCleaning #BusinessExit #EBITDAMultiple #RecurringRevenue #SubscriptionModel #BusinessValuation #FamilyBusiness #SmallBusinessSale #RouteBasedRevenue #BusinessBroker #FexingoBusiness #BusinessPodcast #ValuationMultiple #ExitStrategy #BuyerPsychology #ServiceBusiness #ChicagoBusiness #PrivateSale Keep every episode free: buymeacoffee.com/fexingo