237. Run Laundromat Due Diligence Like a PRO! |FREE COURSE- PART 3|
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Welcome back to the Laundromat Resource podcast! In this episode, host Jordan Berry dives into Part 3 of his free course on how to buy your first laundromat. If you haven’t caught Parts 1 and 2 yet, you’ll want to go back and listen, as Jordan Berry builds on those earlier lessons about finding deals and getting them under contract. Now, in Part 3, it’s all about what happens after you have a laundromat under contract.
Jordan Berry breaks down the essentials of due diligence using his "four pillars" framework: verifying income, checking expenses, evaluating the business’s trajectory, and identifying value-add opportunities. You’ll get expert tips on handling coin collections, analyzing water usage, and tracking down every expense—along with some practical hacks and resources from laundromatresource.com. Whether you’re ready to jump in yourself or you’d prefer guidance from a pro, this episode is packed with advice to help you buy your first laundromat the right way and avoid costly mistakes. So, grab your notepad, settle in, and get ready to take your investment game to the next level!
In this episode; Jordan discuss:
00:00 "Laundromat Buying Guide: Due Diligence"
05:35 Verifying Laundromat Income
09:10 Laundromat Revenue Accountability Insights
12:46 "Accurate Washer Water Analysis Tips"
14:57 Streamlining Laundromat Payment Systems
18:50 Checklist Prevents Costly Oversights
22:53 Due Diligence and Value-Add Strategy
24:20 "Laundromat Help: DIY or DFY"
🔗 Resources and Links:
- laundromatdfy.com
- laundromatresource.com/resources
- laundromatresource.com/coaching
Show Notes:
laundromatresource.com/show237
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