Laundromat Resource Forums New Member Introductions! Shout out to all the Members:

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    • #2206
      Kumud Shrestha
      Participant

        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

      • #2209
        Lisa/Robert
        Participant

          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

        • #2221
          Kumud Shrestha
          Participant

            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

          • #3800
            Oscar Uribe
            Participant

              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: