EP 312 – Are Laundromats The Real Cash Flow King? with Jordan Berry
Listen or watch this episode on your favorite place
SHOW NOTES
“The average real estate deal can’t touch the average laundromat deal when it comes to cash flow.” Discover why laundromats are becoming an increasingly popular investment as Jordan Berry shares more insights from his experience as a laundromat owner and real estate investor.
In this episode, we explore the optimal cash flow, high returns, and tax advantages of the laundromat business. Jordan reveals the secret to finding elusive laundromat deals, and outlines his proven strategy for assessing deals and operating laundromats for maximum profitability.
We also discuss creative and traditional financing options, the challenges of laundromat investments, and why major investors are interested in this niche market. Plus, Jordan shares one of the best stories ever told on the show. Tune in to learn how to navigate the laundromat business as a new investor!
Topics discussed in this episode:
The appeal of laundromat investments
How to find laundromat businesses for sale
Evaluating laundromats: size, location and cost
Challenges and best practices of operating laundromats
First steps and the due diligence process
Laundromat acquisition: creative financing and SBA loans
If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://collectingkeys.com/keyscon-2023/ and see if you are a good fit for the mastermind group!
Fill out the form below to be notified about our next event.
By submitting your information, you agree to receive text messages (including SMS and MMS) from Collecting Keys Podcast. For more information, please refer to our Privacy Policy.