Would love a 3 month follow up to track her progress

I just admire people like this that are taking risk instead of asking or waiting for participation trophies. Wish you all the best .🙌

Ok let me get this straight. She'll be going 450k ( ish ) into the hole, not including interest or the investor deal. She also has $120k in repairs on top of that and equipment that may last 2 years before needing to be retooled. Assuming that the equipment is bundled with the package, she'll be paying 7.5% in interest on it 28 years after she has disposed of it. The building looks run down, unwelcoming and not really somewhere I'd want to spend time alone. On top of that you want to put a liquor store next to it, which will make it feel even less safe and welcoming. I don't see how a 9k+ monthly payment is feasible. And that isn't including insurance, maintenance etc. I wish the girl luck but this just seems like a horrendous deal.

Booze shops dont attract the best kind of people who may end up drinking in the parking lots and causing problems with the laundry customers. Why would she need to keep it a booze shop rather than something like a small grocery store which could compliment the laundromat. People can shop while waiting for cloths to be ready.

It's great to see you help others get into businesses.

Scrap the liquor store and turn it into a convenience store. People doing laundry are more likely to wander in and get a snack/drink than they would be getting alcohol

Glad to see someone going from MLM's to owning real businesses.

Good luck. I wont name the town but i grew up and come back here weekly. She is going to have an absolute hell of a time here. Hopefully she has the perseverance to get through and be successful. Get yourself some top tier Security cameras.

Give the exterior a good pressure wash and refresh and good signage and lighting.. plus keep the area safe and welcoming to decent customers and thatll help out a lot

I would scrape the liquor store. I would put a restaurant, maybe a smoothie shop, maybe break it down and expand the laundromat to the other side, dry cleaning, arcade or something else Get good motion sensor flood lights for people surrounding the store clean it up, maybe hire a security guard. She has def. room for many more vending machines in there, many more video games, claw machines. She gotta get creative and clean it up. Take those broken down top loaders out. Scrap them. Add more seating. Add some tvs. Add more folding space or storage area for the fluff and fold service

Family is the only reason for the grind.

My main reason is to pull my family name above the poverty line. One of my biggest goals in life is to get on the work grind and make money to have a comfortable life.

The amount of that loan, and the total overhead per month is a little terrifying, honestly.

I'm planning on moving to Australia within the next 5 years and I've been getting quite interested in wanting to open a small business. Watching these stories really fills me with hope.

Congrats Jacqueline it gives me hope and motivation to do this myself!

thats so cool i wish her lots of luck.

Great video showing the process and numbers and Helping her become independent.

I Subbed because of the Trailer Park and Rental Renovations.... And where did those go???

I work hard at the moment because I am in my youth and I need experience, particularly in the industry I am interested in. It helps me gain inside knowledge and experience that'll further influence my studies at school.

I think she should hire a professional pressure washing crew to come in and pressure was the entire front or the building along with the sidewalks and parking areas as soon as possible. Add more exterior lighting to eliminate the shadows that bad folks like to hang out in. Also, clean up the trash around the building and help the homeless folks find a different place to be. If the outside is fresh and clean then folks might be more inclined to believe the inside is fresh and clean. (inside needs a LOT of work too but one thing at a time) Just suggestions. Good luck with your new endeavor! Edited to ask if the 575k price includes the lands and buildings or is it just the businesses? If it includes the buildings and land then it's not a bad price at all.

You love to see it. I think we'd all like to see more on this down the road, because there are definitely some red flags, and I'd love to see how she pulls this off!

It would be nice to do something like this where I live ( NZ ) but unfortuantely it is VERY EXPENSIVE as the big washer and dryers are approx $11-14k per unit. When I looked into it they sell there washes for $10 per wash and $14 for drying. My local laundromat is open 24 hours but the costs to do are very high, power and water costs are high as well

this guy is actually making america great again, giving opportunities for people

The Beauregard Lionett Cardigan is awesome.

I work hard. My dad died when I was 7 and things were tight for a while. I work not to make sure my family will be provided for, even if I am no here.

Keep it up man!!

Hey would love if y’all could drop an update video on Jaclyn’s progress so far!

My wife wants to open a laundromat-bar. We’ll call it Suds n Suds. (Don’t even want to think about the red tape getting that approved haha)

Sorry, the numbers don't work with this deal. This store needs 10K/month just to remain open...

I guess optimizing and cleaning the laundromat is a good idea. I saw another channel that invested in cleaning the laundromat up and working hard to make it feel more welcoming and the business is booming.

Definitely for my kids!

Awesome job helping out wish I could open a bottle return here in new york

Way to go my friend!

I wish I had an opportunity to open an official downtown laundromat, that benefits you physically and gets your clothes washed at the same time!

Working hard...so I can buy Codie Sanchez;)

I want to use a laundromat as a community space. Schedule food trucks, create fundraisers, veteran discount would love to collaborate on a deal in central Florida!

My Family 100%, my dad passed from cancer 3 years ago, and my mom moved in so I could take care of her. My daughter is going to college. The only reason I am still working is for my family

I have watched your videos for years and I love them. But I’ve never commented. I’m a professional artist so my income is far too up and down to ever do something like this. But I love watching others. I know of a car wash outside Charlotte, NC that closed years ago. The land has been for sale ever since. If anyone on here is interested, please reach out and I can get you the info. Hopefully one day I can transition into real estate and join this wonderful community. I find deals all the time. But until then, congrats and good luck to everyone.

I know I’ve seen this guy on Danny D’Angelo’s channel. The dude who works to get people “free” laundromats…And this guy let a poor woman go around $600k in debt for a 2000sqft store on the basis of “we can make it more profitable in the future”. These numbers do not seem manageable at all. What am I missing? In fact I scouted this store about a month ago and thought it looked pretty bad. Just getting up the hill to park in the lot is a challenge. I hope her the best of luck but I’m guessing Danny D will be able to negotiate with the landlord once she begins missing lease payments.

God bless investment joy thanks

i want to open a laundromat

I love the 90s informercial vibe

Buy the liquor store and turn it into a dry cleaning business.

i tried signing up on your website...it asks about investment money how much are you wanting to know that we have? and i couldnt change the month to schedule a call with you since there was no free time in the month of may.

I wonder if she can get google to expunge the negative reviews since it’s under new management, technically a new business

Thank you

I grew up with a challenging learning disability. It didn't help that I grew up in an an upper middle class town with a lot of smart kids. It made me insecure, but it gave me the drive to prove I could do as well as any of my classmates. Through a lot of hard work I was able to overcome my learning disability in my 20s, and I have worked tirelessly my entire career. I am now 50 and an executive at a fortune 50 company. You need to develop a lot of skills to be successful, but it was my drive & determination that moved me past a lot of smart and talented people as i advanced in my career.

I’m interested knowing this I like to see the next video please.

If you stated it, I missed it, is the building included in that payment?

Building needs a good power washing!

Not going to lie. This is why I have not taken any chances. But, within the last 2 years or maybe 3. Two new Laundry mats opened up and one replaced all the machines. Out of the two that opened. One was in a great location due to no other laundry mat (That is know of) in that location. The other one is about 10 blocks from the existing one that replaced the machines. I only been to the new laundry mat and was shocked at the prices. However on a note. They did take credit and debit cards. It was nice and clean. Well lighted and free internet. Also had Televisions mount on the wall. Not that I noticed anybody watching them. They mostly was watching the phones. Also had nice clean bathrooms. Plus, nice tables and chairs to sit at in case you want to pull out your laptop. I thought that was a great idea. As for the price you have to understand. The only reason I was at the laundry mat is I was having sewer issues and couldn't use my washing machine.

Not gunna lie she will probably not make it. Almost 10k a month right off the bat without retooling

Hope she does well and that there are no issues with the guests living behind the building.

So what if she doesn't want to run a liquor store? Maybe another business would be better for that space? Just a thought.. Where's the link to your team mate? You might assist me too?

I also would like a follow up with her progress

What would be the best way to get in contact with you directly? I am thinking about buying a laundromat and want to get some insight on the yes or no aspects to purchase one. I have gotten some information on the P&L for previous years and the purchase price. Any help would be greatly appreciated. Thanks.

Can you do the same no money down with car washes as well because I would like to start that to. I've been looking for a laundromat, but my negotiator (DD) doesn't deal with brokers. I'm trying to find lanlords but it's difficult.

I would love to open something up. I'm driving a semi truck right now so i dont really have a place to live right now. What would be the best way to go about opening one up? I would definitely need a partner to help with finances since im not all that good at math other than basic math skills.

Hi. Still waiting for videos on the storage unit business. Any updates on that?

could you do a update video on the discount grocery vending machine

It would be good to touch on the main KPIs that this business has that makes it a good investment. Things like foot traffic, general usage, commercial vs walk ins etc

Laundromats can be boring when your doing your laundry. You should put some arcade games in their to add more revenue

I think that price is a bit to high

My family,they are the only reason.

@investmentjoy around 5 minutes mention that those top loaders needed scraped. Is this because they are not functional or because of another reason? I’m looking at approaching 2 laundromats and a car wash in my area. I’ll take any info you can give out! Do you teach? I’m motivated and want to learn and earn!

I would put drink and snack vending all so a few coin pushers all so coffee machine

I missed coin machine. We have nothing but cards.

Generational wealth is why I work so hard.

Think I missed something where’s the discord? And what’s yours again brandon?

My family is the reason why I do the grind and wish I was out of the rat race

Social Media marketing skills are a most.

I Want To Live A Luxury Life And Support Others Also So They Can Also Live Luxury Life!

How were you able to convince private investors for a first time business owner ?

I work hard for my kids

Congratulations on the success!

I'm surprised companies still hire for data entry positions...

Could you give me some ideas on where to find a laundromat or carwash? Please

What your website I love to get one

I work hard because my mom has cancer and i feel i need to take care of her

Love from africa

I think Jaclyn should replace all the machines with Dexter. Both for reliability along with the lifetime of technical support and built-in emergency stops.

Equipment payments for that size store will be well over $3000 month

I would help her invest

$575,000 for what? A failed landromat with equipment that has less than 2 years life left? Retooling alone will cost a third to half a million dollars. OMG What a horrible deal. Even if it is profitable does not justify the price. And you're partly basing the decision on future jobs in the area?

im in Columbus, if i get my hands on a laundromat or bay carwash i plan on reaching out and hopefully you can respond.

Do we have an update on her journey?

I wish lol🎉

Guy from Ohio goes down to Texas and says a place is busy being there a day video summed up your welcomed lads

Question can you buy a laundromat with financing from a bank 🏦???

I want to help pay off my father's retirement plan.

One laundromat and my life would change... just need the funds to get it

Bruh you should have a reality tv show I’d totally watch you on real house wives! Magic!

The other space doesn't have to stay a liquor store

Marketing

Update?

Any updates?

I work hard now so when im old wont need to

I want to buy one that’s 155k in Cali. Help.

Roll Tide.

I want to be real estate investor so my Family don’t have to struggle in life again