I sold my laundromat. What’s next?

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Congratulations on the big sale!

Wondering how to transfer ownership of your POS or merchant account to the new owner?

Consider a few other scenarios first…

  1. You sold your laundromat and the buyer needs several washing machines serviced.
  2. You sold your house and the new owner needs cable/internet service.
  3. You sold your laptop and the new owner wants to watch Netflix on it.
    (This is actually almost identical to this situation because it’s used PC hardware + a service subscription like ours.)


What we’re trying to say is: It’s up to the new owner to decide if they want to become our customer.
The new owner is not a customer of Wash-Dry-Fold POS because they purchased your used POS hardware.

 

The new owner should go to “How to Buy” and schedule an appointment with our sales team.
This is the only way to move forward after a laundromat with our system is sold or purchased. 

 

 

Extended Explanation:

POS consists of Hardware, Software, and a Merchant Account for card acceptance.

 

Hardware:
You’ve sold your used Wash-Dry-Fold POS hardware to the new store owner.
Owning the hardware does not entitle the new laundromat owner to service, setup, or training.
They’ll first need to decide if they want to be become a customer. Some hardware cannot be reused.

 

Software:
Wash-Dry-Fold POS software is not transferable.
If the new owner wants to transfer your database over to their account, we can do this.
If you are already a cloud-based software customer, they can transfer everything over.

 

Merchant Account:
Merchant accounts are federally regulated and require underwriting and approval.
We can only support Wash-Dry-Fold POS provided merchant accounts.
We cannot assist or support in trying to connect 3rd party merchant accounts for a new owner.
Attempting to change merchant accounts to a 3rd party is likely to fail and could cause major technical issues.

 

The new owner should go to “How to Buy” and schedule an appointment with our sales team.
This is the only way to move forward after a laundromat with our system is sold or purchased.