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#683 Thinking about buying a laundromat? This episode will completely change the way you see this “boring” business — and show you why it might be one of the most powerful cash-flow plays in America! In this conversation, host Brien Gearin sits down with Jordan Berry, founder of Laundromat Resource, to break down exactly how to buy, evaluate, and grow a profitable laundromat. Jordan shares his personal journey from pastor to laundromat owner, the painful lessons he learned from buying a “zombie mat,” and the systems he’s built to help others avoid the same mistakes. You’ll learn the earning potential of laundromats, what to look for in a deal, how to verify income in a mostly cash business, where technology is taking the industry, and why this overlooked asset class is becoming a serious opportunity for everyday entrepreneurs. Whether you’re exploring your first acquisition or searching for passive income, this episode is a must-listen!
What we discuss with Jordan:
+ Jordan’s path from pastor to laundromat owner
+ Buying a “zombie mat” and early mistakes
+ Typical laundromat income + deal sizes
+ How to find off-market laundromat deals
+ Key due diligence steps to avoid bad buys
+ Cash-flow potential and common multiples
+ Benefits of owning the real estate too
+ Attended vs. unattended store models
+ Growth opportunities with subscriptions
+ Why private equity is circling the industry
Thank you, Jordan!
Check out Laundromat Resource.
Watch the video podcast of this episode!
To get access to our FREE Business Training course go to MillionaireUniversity.com/training.
And follow us on:
Instagram
Facebook
Tik Tok
Youtube
Twitter
To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors.
Learn more about your ad choices. Visit megaphone.fm/adchoices
By Millionaire University4.9
365365 ratings
#683 Thinking about buying a laundromat? This episode will completely change the way you see this “boring” business — and show you why it might be one of the most powerful cash-flow plays in America! In this conversation, host Brien Gearin sits down with Jordan Berry, founder of Laundromat Resource, to break down exactly how to buy, evaluate, and grow a profitable laundromat. Jordan shares his personal journey from pastor to laundromat owner, the painful lessons he learned from buying a “zombie mat,” and the systems he’s built to help others avoid the same mistakes. You’ll learn the earning potential of laundromats, what to look for in a deal, how to verify income in a mostly cash business, where technology is taking the industry, and why this overlooked asset class is becoming a serious opportunity for everyday entrepreneurs. Whether you’re exploring your first acquisition or searching for passive income, this episode is a must-listen!
What we discuss with Jordan:
+ Jordan’s path from pastor to laundromat owner
+ Buying a “zombie mat” and early mistakes
+ Typical laundromat income + deal sizes
+ How to find off-market laundromat deals
+ Key due diligence steps to avoid bad buys
+ Cash-flow potential and common multiples
+ Benefits of owning the real estate too
+ Attended vs. unattended store models
+ Growth opportunities with subscriptions
+ Why private equity is circling the industry
Thank you, Jordan!
Check out Laundromat Resource.
Watch the video podcast of this episode!
To get access to our FREE Business Training course go to MillionaireUniversity.com/training.
And follow us on:
Instagram
Facebook
Tik Tok
Youtube
Twitter
To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors.
Learn more about your ad choices. Visit megaphone.fm/adchoices

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