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Owning Multiple Businesses 1,000+ Miles Away
Steven Nunez left corporate after 10 years, put six figures into his first build, and now owns and operates multiple full-service laundry centers across Central and South Florida all managed remotely from New Jersey. In this episode, he breaks down the real strategy behind buying and building businesses from a distance, what most gurus get wrong about no-money-down deals, and how he went from a single laundromat to a multi-location operation with a pickup and delivery brand.
In this episode:
[00:00] Why Steven looked 1,000+ miles from home to find his first business
[01:56] What he owns: full-service laundry centers, wash & fold, dry cleaning, and pickup & delivery
[02:53] Building from the ground up vs. acquiring — trade-offs, costs, and what works for who
[06:18] Opening his first store in the middle of COVID — and what happened next
[08:43] Tax strategy for out-of-state business owners: management companies, LLCs, and cross-state benefits
[10:37] The gap most CPAs leave — reactive vs. proactive tax planning and why it matters
[13:51] The truth about "no money down" and seller financing deals the gurus push on TikTok
[16:24] Due diligence red flags — how to avoid buying an expensive mistake
[17:12] Should you buy the real estate with the business? Steven's honest answer
[19:45] The $1.4M lesson: what he'd do differently on his first build
[21:02] How to do more with what you already have — adding revenue layers without increasing CapEx
[23:14] The "shiny object syndrome" trap and how to stay focused while growing
[25:22] Final advice: why getting into business ownership is more accessible than most people think
If you've ever thought about leaving your W2 to own something real, this episode is the honest roadmap you've been looking for.
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By Paul H. GrahamSteven Nunez left corporate after 10 years, put six figures into his first build, and now owns and operates multiple full-service laundry centers across Central and South Florida all managed remotely from New Jersey. In this episode, he breaks down the real strategy behind buying and building businesses from a distance, what most gurus get wrong about no-money-down deals, and how he went from a single laundromat to a multi-location operation with a pickup and delivery brand.
In this episode:
[00:00] Why Steven looked 1,000+ miles from home to find his first business
[01:56] What he owns: full-service laundry centers, wash & fold, dry cleaning, and pickup & delivery
[02:53] Building from the ground up vs. acquiring — trade-offs, costs, and what works for who
[06:18] Opening his first store in the middle of COVID — and what happened next
[08:43] Tax strategy for out-of-state business owners: management companies, LLCs, and cross-state benefits
[10:37] The gap most CPAs leave — reactive vs. proactive tax planning and why it matters
[13:51] The truth about "no money down" and seller financing deals the gurus push on TikTok
[16:24] Due diligence red flags — how to avoid buying an expensive mistake
[17:12] Should you buy the real estate with the business? Steven's honest answer
[19:45] The $1.4M lesson: what he'd do differently on his first build
[21:02] How to do more with what you already have — adding revenue layers without increasing CapEx
[23:14] The "shiny object syndrome" trap and how to stay focused while growing
[25:22] Final advice: why getting into business ownership is more accessible than most people think
If you've ever thought about leaving your W2 to own something real, this episode is the honest roadmap you've been looking for.