I aquired a “Free” laundromat a few months ago taking the advice of a video. Not to get into much details about the video, it said that getting new equipment shouldn’t be an issue (NOT) and I repeat not true.
Unfortunately this industry has been So secretive, it’s been very difficult to find reliable information so I Dove in head first. I have tried every distributor and every finance company I can find online but to no avail.
I have poor credit and a first time owner so there are NO options to get financing for a retool. Nobody ever talks about this prior to this being on Jordan’s podcast. I have spent all my savings and 401k to buy used equipment. Has anyone had issues like this and how were you able to overcome it?
Thanks
God Bless