If you own 1 store and are looking for ways to improve your business or scale to be a multi-store owner, explore this category. It will provide you with information and tools to optimize your store and expand into multiple stores.
10 Most Common Reasons Laundromat Owners Sell Their Laundromats At Laundromat Resource we are constantly talking about using laundromats to find financial freedom. We believe that laundromats have amazing wealth building possibilities because they target all 3 legs of the Wealth Tripod. If laundromats are such great wealth builders, why Read more…
How To Do Laundromat Due Diligence Answer these 4 questions when doing due diligence on your laundromat purchase to ensure you buy a profitable laundromat: Is the laundromat making what the seller says it is making? Is the laundromat spending what the seller says it is spending? Does the laundromat Read more…
You Shouldn’t Buy Real Estate For Cash Flow This post was originally featured on my member blog on the Bigger Pockets real estate investing website. Let’s start out with this: I am a real estate investor at heart. I love real estate and I am building my real estate portfolio Read more…
What To Do If Your Laundromat Is Failing Laundromats can be a great investment. In fact, they may just be the best investment that you can make. They have the potential to spin off high cash flow returns relative to the financial investment needed to acquire them. But what do Read more…
ARE LAUNDROMATS PASSIVE INCOME? Are Laundromats Passive Income? The reason I got into the laundromat business, and probably one of the main reasons you’re interested in it, is that it is a simple business that doesn’t require you to be present to operate. This is a huge draw of laundromat Read more…
Financial Freedom Through Laundromat Ownership Financial Freedom Financial freedom is all the rage right now. There are blogs, YouTube channels, social media accounts, books, and every other form of communication touting the secret of the holy grail of personal finance. So what is financial freedom, anyways? Financial freedom has many Read more…
How To Get Rich With Laundromats [VIDEO] The Wealth Tripod There are 3 main areas to focus on when creating wealth, each of which corresponds to a leg of what I call the Wealth Tripod. Many of us focus on one, or maybe 2 of the legs of the Wealth Read more…
10 Reasons Laundromats Are the Best Investment You Can Make! 10 Reasons Laundromats Are the Best Investment You Can Make Laundromat Investment If you’re an investor, chances are you’re looking for an investment to help you build wealth. You need an investment that maximizes all 3 legs of your Wealth Read more…
How to Finance Your Laundromat Purchase A Complete Guide 9 Ways to Finance a Laundromat How to Buy a Laundromat- Financing I see so many people who are frozen in their journey towards financial freedom because they run into the barrier of financing. If nothing else, this thorough article should Read more…
Get Your Head Right! Having the Right Mindset So you’ve started looking for a laundromat to scoop up and make your own! It’s an exciting time because it is filled with potential and can feel like an adventure. But buying a laundromat can also be polluted with anxiety because you Read more…
5 Money-Saving Minimum Deal Standards Before buying your first, or your next, laundromat, it is very helpful to establish your minimum deal standards. What I mean by that is that it is helpful to write down exactly what you’re shooting for when purchasing a laundromat to give you a standard Read more…
9 Essential Laundromat Analysis Keys [Checklist] In past posts, I’ve talked a little bit about why I bought a laundromat, 15 irresistible reasons to buy a laundromat, and if laundromats are good investments. Let’s get practical now. You want to know how to find, analyze, buy, and run your own Read more…
15 Irresistible Reasons to Buy a Laundromat (and Not Some Other Business) Spending late nights cleaning up after homeless people and slobs in my first laundromat, wishing I was doing anything else other than what I was doing at the moment, it was hard for me to believe that there Read more…
