Buy Your First Laundromat in 2025!

Описание: In this video of Laundromat Resource Podcast, host Jordan Berry reveals how you can own a laundromat that practically pays for itself and potentially replace a nine-to-five income with as few as one to three laundromats. Drawing from over a decade of experience and invaluable insights gathered from some of the best laundromat owners in the business, Jordan shares his journey from losing money to becoming a profitable laundromat owner.

Whether you're exploring traditional or creative financing options, Jordan guides you through the process of buying your first laundromat, including strategies for securing conventional, SBA, and seller financing, and the importance of due diligence in a cash business. Tune in as he delves into the significance of location, understanding demographics, and competitor analysis, and provides practical operational tips to enhance customer experience and future-proof your investment. If you're ready to dive into the laundromat business, this video is packed with essential information to help you get started on the right foot.

00:00 "Laundromat Success Insights"
05:11 Conventional Loan Options for Laundromats
09:31 Laundromat Seller Financing Challenges
10:49 Seller Financing in Real Estate Deals
14:26 Laundromat Business Strategy Tips
17:46 "Laundromat Valuation Essentials"
20:52 Evaluating Rent as Income Percentage
27:17 Laundromat Due Diligence Essentials
28:16 Assess Laundromat Expenses and Trajectory
32:38 Laundromat Success Guide

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YouTube playlist links
Podcast:
   • Laundromat Resource Podcast  
Business Mastery:
   • Laundromat Business Mastery  
Secret Sauce:
   • Secret Sauce to Success With Laundromats  
Pro Tips:
   • Tips From Pros for New Laundromat Investors!  
Recommended Resources:
   • Podcast Guest Recommended Resources