Manage episode 285864131 series 1324446
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.
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
Here's a look at the 10 most compelling reasons why owning a laundromat is -- according to Jordan -- “the best investment you can make."