Laundromat Resource Forums New Member Introductions! New Member Introduction

5 voices
4 replies
  • Author
    Posts
    • #15267
      Joseph Waitkevich
      Participant

        Hi All,

        I just joined this community today in hopes of purchasing a laundromat in the relatively near future. I am currently invested in a couple rental properties with two partners and a land deal with 4 others but have nothing to call my own. I intend to purchase a laundromat as a form of supplemental income to my full-time job + other investments. I am coming into this with no experience and little knowledge on how to own and operate a profitable laundromat so my initial goal is to learn as much as possible while I build my savings for any potential purchase.

        – Joe

      • #15296
        Justin Doran
        Participant

          My name is Justin. I am interesting in buying my first laundromat. I have been thinking about this for many years, but just recently have started dong my research and have found this resource to be very helpful. there are lots of opinions about best equipment – I have questions about the life cycle of Speed Queen washers & dryers. Can anyone help with their experience of owning these machines? If well maintained how long should they last? – Thanks – Justin

          P.S. Anyone have luck with traditional banks for SB loans to buy their first?

        • #15297
          R
          Participant

            Howdy! My name is Rachel Orvis. I am about to make an offer on two local laundromats being sold together. I scheduled a call with Jordan to talk about some of the things we think will be challenges. Looking forward to getting helpful advice from someone who knows the business from an investor point of view!

          • #15325
            Phil Gendreau
            Participant

              Hello, my name is Phil Gendreau. I would like to purchase a laundromat to create financial freedom and spend more time with my family. I am excited to start this new adventure.

            • #15378

              Hi my name is Daniel Levens-Lowery, I am awaiting an opportunity to buy a laundromat down in So CA as a way to learn to operate businesses as well as a secondary income stream. I would love to meet anyone who is willing to swap ideas and share research. Also, if anyone knows how to get on to Mr. Barry’s buy list, please let me know. I have been unable to get on the list.

              Thanks!
              Daniel

          You must be logged in to reply to this topic.

          Laundromat Resource Forums New Member Introductions! New Member Introduction