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@Gortman1
@Gortman1 Күн бұрын
You need to look at your assets and decide if the return on the real estate is going to be the same as the return on the money in the Laundromat.
@mr.millionaire4570
@mr.millionaire4570 2 күн бұрын
So who would you consider to get my business money transferred to me while I’m out of state electronically?
@ericboxer3053
@ericboxer3053 2 күн бұрын
This guy is definitely losing a ton of money
@Gortman1
@Gortman1 2 күн бұрын
Who is tide ?
@danielsathiakumar9080
@danielsathiakumar9080 3 күн бұрын
Where is the link to the free gift you promised?
@GiantLaundromatsManagement
@GiantLaundromatsManagement 4 күн бұрын
Jordan’s always bringing value! Should have 100k subs!
@arelyvasquez9298
@arelyvasquez9298 5 күн бұрын
I am interested in buying a laundry mat, how do I do, start or what do I need if I do not have knowledge nor experience? I have a great credit score for this plan or future project. Would you be able to guide me or train?
@thomassnew1053
@thomassnew1053 6 күн бұрын
Coin laundry, I want one
@dammitbobby283
@dammitbobby283 7 күн бұрын
All you have to do is call the water company and ask how many gallons of water the property uses per month. Every other answer revolves around that one number.
@ARCGRAPHIX2011
@ARCGRAPHIX2011 7 күн бұрын
I’m sorry but buying a laundromat is crazy when you can really get the infrastructure for free Danny d Angelo has the real sauce this us video is crazy NEVER BUY A LAUNDROMAT SELLER FINANCE OR NOT
@shaynemorten2253
@shaynemorten2253 9 күн бұрын
1/3 of 9666 = 3222 hope you file in your income tax properly....lol
@KingRoyalOceans
@KingRoyalOceans 9 күн бұрын
There's no Laundromat in my country that much now, am a dry cleaner that will like to own a laundromat and I need investors what will be your advice
@user-gz2bw6fx9i
@user-gz2bw6fx9i 10 күн бұрын
Don’t stop Jordan!
@dammitbobby283
@dammitbobby283 10 күн бұрын
I stopped watching when you was serious about wanting a landlord. Bro you need to watch The Founder McDonalds movie and learn.
@kandacec4973
@kandacec4973 11 күн бұрын
Get to the point you talk a lot about nothing
@jambo061
@jambo061 14 күн бұрын
Lmaooooooo
@ankurmohindru3094
@ankurmohindru3094 14 күн бұрын
I am also in Orange County. Thank you so much for the video and sharing your knowledge and experience.
@lisafisher7132
@lisafisher7132 15 күн бұрын
"...like it is now..." just made me think about changing my mind...
@Gortman1
@Gortman1 15 күн бұрын
How ro you make sure you dont overpay ?
@user-cw8ki5pd8w
@user-cw8ki5pd8w 18 күн бұрын
The audio recording is really bad
@joshualittrell2457
@joshualittrell2457 18 күн бұрын
😂😂that’s not free dude he is charging you to lease it then you are taking a loan to get new equipment. Are you insane?😂
@SimmyFilmedit
@SimmyFilmedit 20 күн бұрын
Would a triple net lease be the best lease option? And is it better to have a longer lease for stability?
@TuneTuber
@TuneTuber 20 күн бұрын
Isn’t this a biased opinion?
@LaundromatResource
@LaundromatResource 20 күн бұрын
Absolutely. But also I personally spend over 100x the cost of these groups to be in mastermind groups. So I genuinely believe in how powerful and transforming they can be and I wanted to make them accessible to anyone who wants to join one.
@dynosaysrawr9540
@dynosaysrawr9540 20 күн бұрын
The bible!!! Amen!!!!
@46cartoon
@46cartoon 22 күн бұрын
I need to buy laundromat
@trebornunderwier2733
@trebornunderwier2733 23 күн бұрын
One of your better clips. ❤
@brandonsheets1
@brandonsheets1 23 күн бұрын
Luv the mindset 🐺
@josemacias790
@josemacias790 24 күн бұрын
That’s why you don’t buy a laundromat. Who would sell a successful cash business?
@l.csmalls6879
@l.csmalls6879 24 күн бұрын
I heard about your channel through King laundromat
@antoniostephano
@antoniostephano 24 күн бұрын
I don't think it is realistic to ask a Laundromat operator if you can take over without compensating them. They will unrealistically want to be compensated even though the Laundromat does not make enough to allow them to keep it up and running properly. By the same time. A landlord is probably not receiving market rent from the operator of the struggling Laundromat (f he or she is paying rent at all).. The operator would however happily take the money of a less savvy buyer who in trying to be ethical is really being naive.
@GK-rg1tj
@GK-rg1tj 26 күн бұрын
Passion Drives Sucess!
@GK-rg1tj
@GK-rg1tj 26 күн бұрын
Wow what a great achievement @Sukant
@josemacias790
@josemacias790 26 күн бұрын
I’m not understanding the math, for example if you average 10k people and 78% renters is 7,800 X $50 is 390K not 35k. Can you explain more?
@rhondaprice4805
@rhondaprice4805 26 күн бұрын
This was very informative. Thank you.
@JoelUldrych-kh2sc
@JoelUldrych-kh2sc 27 күн бұрын
Thanks for your useful content. God bless.
@1GekoKing
@1GekoKing 27 күн бұрын
You should put a link back to the full podcast in the description.
@Lancemillerable
@Lancemillerable 28 күн бұрын
Great info! Thank you for all of the resources you provide!
@LaundromatResource
@LaundromatResource 24 күн бұрын
Glad you like them!
@justjup
@justjup 28 күн бұрын
Thank you. I’m a TD looking to find the right path to opening my first location.
@justjup
@justjup 28 күн бұрын
As someone who is wanting to open their first location, what’s the best way to start so minimal wasted energy is output?
@mayp7672
@mayp7672 28 күн бұрын
Hi, this is a great video! I am wondering if it there is profit if I buy a laundromat from a bank loan? I don’t have liquid capital/cash to start this dream
@ninaross1593
@ninaross1593 29 күн бұрын
Yep yep. Facts about corporate…can’t wait to get my keys to my laundromat 9/2024 thanks for sharing
@evangelineunicorn264
@evangelineunicorn264 Ай бұрын
I agree
@---ye1wb
@---ye1wb Ай бұрын
It’s Ai written
@LaundromatResource
@LaundromatResource Ай бұрын
Human written, ai read :)
@mr.millionaire4570
@mr.millionaire4570 Ай бұрын
I’ll definitely be watching this video later 😂
@dhurstell
@dhurstell Ай бұрын
Cents seems, for early adopters. If I'm the 2nd laundromat on the block to get it, I don't have ANY of the advantage that the leader has. The way I see it is that I give up margin to maintain status quo. I'm open to having my mind changed
@LaundromatResource
@LaundromatResource Ай бұрын
I guess it depends on your business model and which part of Cents (or any other company) you’re talking about. The software allows you to operate a drop off or pickup and delivery service. You don’t have to use Cents but you will have to use some software, like Clean Cliud, Curbside, Turns, etc. The payment system (card payments) give your customers more ways to pay, give you more control of your business, and give you better accounting options (which makes your business more valuable). Again, it doesn’t have to be Cents, per se, but I would argue a digital payment system gives you a lot more than status quo. Just my opinion
@dhurstell
@dhurstell Ай бұрын
@LaundromatResource ya it's not Cents per se, it's the tech motto: "your margin is my opportunity." I'm a big tech investor, but at the owner/operator level, I'm much more wary. I'd rather have a bunch of Capex, and NOT have the monthly fee. I can easily get financing for Capex, but when you make it a monthly fee, it becomes OPex.. and THAT is difficult for our industry to handle because traditional finance doesn't understand us
@sunflowerglitter9233
@sunflowerglitter9233 Ай бұрын
Thank you for this helpful information. Very much appreciated.
@EricDanzeisen
@EricDanzeisen Ай бұрын
ai generated? 🤔
@---ye1wb
@---ye1wb Ай бұрын
Correct
@LaundromatResource
@LaundromatResource Ай бұрын
Human written, ai read :)
@EricDanzeisen
@EricDanzeisen Ай бұрын
@@LaundromatResource I thought so! Amazing. Would have never known if I didn’t listen to so many of your videos. Wrong pauses & not enough small jokes. Keep it up
@LaundromatResource
@LaundromatResource Ай бұрын
Good ear! It is amazing. Wanted to play around with eleven labs and thought this would be a good opportunity to see how it did. Pretty incredible in my opinion
@azraelfirstofhisname8695
@azraelfirstofhisname8695 Ай бұрын
Thanks for this
@user-cw8ki5pd8w
@user-cw8ki5pd8w Ай бұрын
Poor audio
@splashemoutlaundromat
@splashemoutlaundromat Ай бұрын
Great content Jordan!! This was a solid Q and A!
@LaundromatResource
@LaundromatResource Ай бұрын
More to come!