10 Reasons Laundromats Are the BEST Investment You Can Make

I am 79 & very interested in increasing my cash flow. I ran a car wash for over 14 years which is a similar business, Keep machines at peak, do the vending, & buy the RE if at all possible. I am under the impression that a business can be bought for low or no down payment with seller financing at around 6% interest. Tax benefits & continued monthly income for the seller.I need to improve my cash flow ASAP.

I know your video is 2 years. I have wanted to own my since my early 20. I am in my 50"s and I still have a burning desire to still pursue my dream. I will continue to listen to your videos. I know I'm in the right place.

Really helpful! You have mentioned some reasons that was not in my mind. Like the last one. Thanks a lot!

I just came into some money from my father's estate and was looking into passive income sources. I had a bed bug scare (not real) but that forced me to spend a lot of time in my Southern CA laundromat, which was under new ownership and being 100% refurbished. After hours and weeks washing everything I thought to myself, this is a great way to have passive income. Then I spoke to the contractor and he filled me in. I am thoroughly convinced that this is the right business to be in as a YouTuber who is still building my channel.

Been looking for information about the Laundromat business... looking forward to view all your videos!

This is such a great video, from a business perspective the best I have seen on Laundromats. I agree about #10, I have a background in real estate and there's no way that I would get into this business without owning the real estate. If the returns are 20-30% without owning the real estate, with it, I would assume the IRR + the laundromat return is 40-50%+ ?

SoCal representing! Nicely done video and great info - seems a great investment.

Jordan, you are spot on with this information. I purchased my first store in 2012 after retiring at the age of 50 and this would have been very helpful information back then. I am now a regional sales rep for Alliance. It's videos like yours that are opening the eyes of many corporate types like myself to get into the industry and generate life changing wealth. Keep up the good work!

My business partner and I have been investing in real estate since 2008, but now looking to diversify in businesses. Since COVID, we realize traditional business like restaurants, bars, coffee shops, etc won’t fair as well (at least here in Toronto) but see laundry as a good stable industry. Look forward to watching more of your videos.

Great video and lots of value!

I am seriously considering purchasing my first laundromat. I just subscribed to learn more.

I 100% agree Jordan! Very well done video and information. ✈️

I’ve been thinking of opening/buying a laundromat, glad I found your channel

This was perfect for me. A long time goal of mine. Thank you.

Super informative and inspirational

Great information!

hey Jordan new to you page but so far very excited. i do have a question on what the downfalls are.

Can you add bullet points of the topics you went over? Might help people copy and paste basics into business plans! Thanks! super helpful video. Subscribed!

I've wanted to break the 9-5 rat race for a long time now. I see a laundromat as my ticket to achieve my goal.. Thank you for your help and advice. I've subscribed to your podcast and I am reading all materials on the subject.

Great video - did you have any videos or resources on how to verify the revenue of a laundromat you are looking to purchase?