
businessFeb 25, 202146:56pending
433: Simple, Local Cash Flow: Are Laundromats the Ultimate Side Hustle?
About this episode
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.
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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
Here's a look at the 10 most compelling reasons why owning a laundromat is -- according to Jordan -- “the best investment you can make."
Full Show Notes: Simple, Local Cash Flow: Are Laundromats the Ultimate Side Hustle?
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