Buying a Laundromat w/ Private Capital

[Jordan Berry]

Does anyone have experience buying a store with capital from private investors? What kind of returns/terms did you offer and how did you present the opportunity to them?

[jloper]

I have not secured a loan through private lending yet but I have been looking on Alignable.com and making connections through that site. The few connections that I reached out to are offering different kind of loans RE loans but also personal and business loans at 5% with a long term, from 3 months to 35 years. Another contact was 3 months to 20 years at 5% to 12%. I haven’t gone any further yet as I’m trying to figure out if laundromats will work for me as I’m not close to any for sale that I can find online. They seem mostly in LA which is 2 hrs away. Maybe that shouldn’t be the deciding factor. Lots of questions still unanswered. Hope that helps others.

[Zoya Shah]

Branded pens are a valuable tool for those considering buying a laundromat with private capital. These pens can serve as a subtle yet effective marketing strategy, helping to establish a professional image while also providing potential investors with a tangible reminder of your business. When exploring financing options, having branded items can enhance your credibility and make your proposal stand out, ultimately aiding in securing the necessary funds for your laundromat investment.

[Author]

Posts