Laundromat Resource › Forums › Laundromats › zombiemat › Reply To: zombiemat
April 10, 2021 at 7:51 pm
#5240
First, let me say that I haven’t done this myself yet.
That being said…I have heard on podcasts that If you are able to buy the property you can then leverage that to get new machines and other upgrades that may be necessary to get the mat going again.
If you are able to do that and decide at a later time to get out of the laundry business you can sell the business but keep the property. Then the new owner of the laundry business would pay you rent.