Hello all!
First off: Jordan, thanks so much for the resource. Really enjoying your podcast and learning about the industry.
I’m curious as to your thoughts about being a remote/absentee owner?
I, like you, live in a high cost area (northern CA), but sadly don’t feel I have the population density to build a profitable business (either with a new store or buying an existing one, though I am looking).
How far away from your store would you feel comfortable living? Factor in planned usage of a system such as The Laundry Boss or similar, hiring local attendants, and leveraging local resources/distributors for maintenance.
1 hour away by car? 2 hours? 2 hour flight? Across the country?’
Just finished listening to your amazing interview with Luke Williford, and found his enthusiasm for the industry infectious. I’d love to build a team and business like his, but can’t imagine it being profitable in my area. Though I am new to this, and may be underestimating my market.
Thanks for your thoughts and those of everyone on this thread!
Josh