Laundromat Resource › Forums › New Member Introductions! › Shout out to all the Members:
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September 21, 2020 at 4:43 pm #2206
Hello proud owners and potential owners
Just wanted to say Hi to all Laundromat owners or potential owner. Just purchased a very small coin operated Laundromat a month ago. The owner waned to get out of the business, so I thought it was a good deal and grabbed it. However, I kinda jumped the gun and have no idea how to ruth it. I am learning day by day.
Hope to talk with you guys soon.Kumud
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September 21, 2020 at 5:09 pm #2209
Hi Kumud, nice to meet you virtually. Wow, you are very brave. Look forward to hearing how things progress with your new purchase! Cheers, Lisa
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September 22, 2020 at 4:07 am #2221
Hey Lisa and Rob:
Nice to meet you as well. Yes I made some mistakes buying this business. My suggestion for you would be please do your due diligence very carefully and make sure the business have a potential for positive NOI among other parameter.
This business usually are coin operated and they can present some challenges especially trying to determine the actual income.All the best to you.
Regards
Kumud -
February 5, 2021 at 7:33 pm #3800
Kumud!! I super admire your courage!
Let me share this quote by Thomas Edison. “Many of life’s failures are people who did not realize how close they were to success when they gave up.”
Persevere, my friend.
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Laundromat Resource › Forums › New Member Introductions! › Shout out to all the Members: