Watch This Before Buying A Laundromat - Red Flags

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Information Watch This Before Buying A Laundromat - Red Flags

Title	:	Watch This Before Buying A Laundromat - Red Flags
Lasting	:	6.30
Date of publication	:
Views	:	21 rb

If the equipment is old and the place needs to be retooled, why in the world would you buy that failed business?
Comment from : Jason

Hi! What do you consider low revenue? I’m looking to buy a resell laundromat who’s gross revenue is 60k gross, 5K cash flow after expenses, I will not own the building but the monthly rent is $500 They’re asking price is 139K (which I’m sure I can negotiate) and all equipment is included Does this sound like a good deal?
Comment from : King Kellz

Great video!
Comment from : bbq world

Solid!
Comment from : Neeraj Chaudhary

What I'd 'Low'? How can I find what the right revenue is for my area?
Comment from : ThaMan

Starts at 2:50
Comment from : Mitchell

The best of your video is definitely your beautiful cat!!!!😂
Comment from : Carmen Vilchez

What are these other investments that are less work and have 10 ROI?
Comment from : Samurai Joe

Very helpful Thank you!
Comment from : Nevin Baker

When you say low revenue, what counts as low?
Comment from : Lex Nellis

LOL can't take this guy seriously if he doesn't understand what Urban means He thinks Urban means out in the boonies
Comment from : Gry Phyn

So this video is a year old are there any tips you would give for 2022
Comment from : Anointed one ✨

sorry i had to switch off after 158mins
Comment from : Jay D

Thank You for information This will help me buy a Laurdy Mat
Comment from : House of Matrix

Thanks man your videos are good not like the 99 other clickbait uselessness
Comment from : MichaelHoang

4:40 - correction - Farmers live in a RURAL environment, which is the opposite of urban Urban is a densely populated city
Comment from : SpaceTrashCrash

I purchased a run down laundromat, used all my cash to buy it Where do you get fund for retooling and new equipment I’m in Louisiana
Comment from : Jan Clark

How come, the last red flag 'if its less than 2 years old and up for sale stay away for it' Ive seen 1 i want to purchase but its around 2 years old and has gone through 2 investors
Comment from : urmila narayan

What state? @Michaelgersitz
Comment from : pizzle

Hi! I have a quick question I saw a Laundromat for sale for $150k, with a cash flow of $71K per year Does that seem legit?
Comment from : test tester

I have a quick question there is a neighborhood laundromat where I grew up its now closed My family use to use it all the time They stop going because of broken down machines and poor ownership Its been closed for about two years now Would it be a good place to look into?
Comment from : Quentin Holley

This video was solid!! 👌👌👌
Comment from : Mohamad Chacha

What is the cats name?
Comment from : Kyle Cash

I wanted to buy a laundromat, it's very clean and number looks good But the owner bought it only two years ago, and the reason for sale he gives is that he wants to buy a bigger laundromat does this sound sketchy?
Comment from : Lea Hong

how much should a place do a week or year?
Comment from : Steven Taylor

Michael What made you go into the Laundromat business in the first place??? Do you have a thing for washers and dryers like us appliance nuts? or is it strictly all business??? Thanks and have a great day!!!
Comment from : Robert Przybylowicz