| Title | : | Securing financing for a laundromat |
| Lasting | : | 0.54 |
| Date of publication | : | |
| Views | : | 28 rb |
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This is a wash, spin, dry and repeat laundromat lease brVery unscrupulous ownerbrGangster AF!!!brOnly a 5 year lease because the landlord already knows that’s the average time past operators go broke😂brbrIf they financed the 300k they still have to pay that loan backbrCan’t pay the rent, landlord locks you out brbrLandlord gets the laundromat back and starts the cycle again seeking another 300k sucker who took out a loan or put their house up as collateralbrbrI call this landlord the Hamburgler😂 because they’re taking all the meat in this dealbrbrYou lose because you’re paying $2sf instead of $1 no more than $125sf Comment from : Ron |
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I got approved for an SBA(7a) and your right it took a long time and was a pain in the a** They approved me for a Auto dealership Comment from : OwnerOP77 |
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What brand washer and dryer do you use? Comment from : Viv Ab |
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I’m assuming I’d still need a good down payment even if I go through seller’s financing? Comment from : Anthony Lopez |
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Ummm 🤔 this sounds like bad advice After watching "free laundromat" If you did any business school the best way leasing equipment with a buyout at end of term That way you can enjoy taxes expenses plus they pay down the equipment Comment from : Paul Biron |
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Hello! I'm planning to buy a laundromat with an SBA loan and I have a very good credit score Ik a guy that already has a business and we have become friends How am I gonna get approved in the bank with someone who has experience? They are gonna see my credit score or how the loan is gonna be divided? Comment from : Aaron Matos |
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Would you be willing to speak with me I am hoping to purchase my first laundromat this year Comment from : TONI GALLARDO |
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Wow your AWESOME TO HELP LIKE THAT IM 63 and I e struggled all my life with blindness and other things like lost my parents and entire family when I was 16 But, I was thinking about doing a laundry mat If I have a few questions may I contact you? I understand if you won't I'm a true Christian But ty for the info, in case I'm not able to speak, personally with you Your AWESOME Comment from : Laura Patrick |
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Great video! I own a Laundromat in The Netherlands I made a video about it as well and I hope you like it brbrLaundromat money collection & Laundromat Talk - How much did we make?br youtube/Hvx1UJRtkTo Comment from : Following Ralph |
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Sorry I don’t like shorts Comment from : Scooter G |
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