April 19, 2021 at 7:17 am #5301Jignesh JoshiParticipant
100% laundrymat newbie here. Looking to transition from the daily corporate grind to running my own buisness. I grew up in the motel industry, so learned a lot from working with my parents…hopefully some of that will help me better transition to running my own laundromat. Did everything from being a maid, to hotel laundry, to small-medium size handy-man type fixes around the family motel. So not afraid to get my hands dirty and put in the sweat and work.
While I would feel comfortable buying my first motel due to the 20+ years working along side my parents, I know zero about laundromats. Doing my best to learn and understand the theory before I jump headlong into the practial side of things.
Looking for a reputable broker in the Jersey City, NJ or NYC areas to help me through my first purchase. Will probably be ‘small-ish’ in the $250K-$350K range. Looking to make the change to being my own boss by EOY 2021.
Any and all help, advice, resources, contacts, etc. would be greatly appreciated.
April 28, 2021 at 1:35 pm #5428Jerod WatsonParticipant
I’m in Jersey City and am also a complete newbie to this space. I am looking to escape the corporate rat race as well and think laundromats could be one of the vehicles to do. I’d love to connect further and learn together.
Let me know!
May 11, 2021 at 6:39 am #5564Jignesh JoshiParticipant
Apologies for not repying sooner. The rat-race has kept me busy and just haven’t had a chance to get my head back into the laundromat game.
Not sure what area you’re in for JC, but would love to connect and just trade notes/thoughts. Fair warning…I’m super new to this so I’ve got bits and pieces of info so hope that perhaps together we can figure things out so that we both can get into mats and out of the rat races.
Do you know of a way for us to Direct Mesg eatch other via this forum? I’d like to share my contact info with you and see if we can meet up (virtual or physical) at some point to discuss and learn from each other.
May 11, 2021 at 8:57 pm #5589Jerod WatsonParticipant
No worries. I’m in downtown JC and definitely open to connecting. I am super green as well and am also struggling to find consistent time to build my knowledge in this area. So don’t feel like it’s just you lol.
Do you have What’s App? We could use that outside of the forum. I was speaking with another newbie from Jersey who may want to join as well. I believe she is in Middlesex County.
Let me know.
- This reply was modified 4 hours ago by Jerod Watson.
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