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10 Reasons to Buy a Laundromat Business as Your Next Side Hustle (Greatest Hits)
Manage episode 492384809 series 3624686
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Are laundromats "the ultimate side hustle," like my guest Jordan Berry described?
These simple, local, cash-flowing businesses have been around forever, but surprisingly this is the first time discussing them in detail on the show.
Jordan is a former pastor turned laundromat mogul. Along the way, he's become an advocate for the industry through his website and podcast at LaundromatResource.com.
Jordan got the idea to buy a laundromat after his wife told him about a family friend quitting his day job in tech after buying one.
It wasn’t just the income potential that intrigued Jordan. He wanted a business that would generate passive income -- and yield better returns than real estate.
Jordan has been able to achieve both of those things through buying laundromats.
Tune in to hear:
- why a laundromat makes a great side hustle and investment vehicle
- some of the expensive mistakes to avoid
- where to look for financing and some creative marketing and monetization ideas
Full Show Notes: 10 Reasons to Buy a Laundromat Business as Your Next Side Hustle
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