Coin Laundries Pack a Value Punch

Darren Mize, ASA / October 14, 2020 While small and simple, these businesses pack a “value” punch averaging 3.36 x SDE. Why the high multiples? Recession proof: even in a down economy, people need clean clothesRequires one employee: the ownerMinimal management: emptying coin slots and...Read More

Determining the Credibility of Market Comps

Darren Mize, ASA and Doug Teten / September 15, 2020 So how do you determine the credibility of data when using a comparable sales database? At GCF our appraisers like to analyze comps using what's called the R-Squared Method and we decided to apply that method against some of our own PeerComps ...Read More