Are laundromats "the ultimate side hustle," like my guest Jordan Berry described?
These simple, local, cash-flowing businesses have been around forever, but surprisingly this is the first time discussing them in detail on the show.
Jordan is a former pastor turned laundromat mogul. Along the way, he's become an advocate for the industry through his website and podcast at LaundromatResource.com.
Jordan got the idea to buy a laundromat after his wife told him about a family friend quitting his day job in tech after buying one.
It wasn’t just the income potential that intrigued Jordan. He wanted a business that would generate passive income -- and yield better returns than real estate.
Jordan has been able to achieve both of those things through buying laundromats.
Tune in to hear:
why a laundromat makes a great side hustle and investment vehicle
some of the expensive mistakes to avoid
where to look for financing and some creative marketing and monetization ideas
Full Show Notes: 10 Reasons to Buy a Laundromat Business as Your Next Side Hustle
New to the Show? Get your personalized money-making playlist here!
Sponsors:
Mint Mobile — Cut your wireless bill to $15 a month!
Indeed – Start hiring NOW with a $75 sponsored job credit to upgrade your job post!
OpenPhone — Get 20% off of your first 6 months!
Shopify — Sign up for a $1 per month trial!
