Mr.stepback 🇭🇹

[Ben Kelly @benkellyone]

How I'd buy a Laundromat for $0 down & make $100k/year:

1: Go to SMBmarket(.com) & search for Laundromats ($10k+/mo min. cash flow)
2: Check for consistent revenue growth
3: Contact the seller & make an offer 2-4x the yearly cash flow
4: Apply for an SBA loan at sba(.gov)
5: Finance 90% of the deal using the SBA loan
6: Find a private investor to pay 10% down for 15% equity in return
7: Now you're $0 out of pocket & you own a Laundromat

I recently found a Laundromat doing $171k/year in cash flow…

You could do a few things to add value & increase its cash flow past $200k/year:

• Offer wash and fold for additional revenue
• Install a small micromart to sell snacks & drinks
• Offer WiFi & TVs & a child play area to attract more customers (more sales)

After purchase, hire a General Manager, so you never work day-to-day.

Use the cash flow to pay off the loan & take the remaining for yourself.

If you dedicate enough time and research to this…

There’s a huge payoff for all the hard work.

The question is, will you give it a go?

[Mr.stepback 🇭🇹 @Princegreg4]

@benkellyone 🔥🔥🔥

[Mr.stepback 🇭🇹 @Princegreg4]

Chi recap

[pain @paaiinnnn]

What kind of job would actually let me afford a house like this???

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New ways to fold clothes & save space!

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