“Laundromat Mike” joins us on the show today to drop a boat load of laundromat wisdom! As a distributor and broker, Michael Ambrose knows this business forwards and backwards. He meets with owners and operators, tours laundromats, and goes the extra mile to ensure his clients have success, and today he wants to make sure you’re set up for success, too!
Michael leverages his knowledge, experience, and relationships to help you know what to look for in a distributor, how to best work with a distributor, and even gives his insight into what he sees successful owners consistently doing.
With a servant’s heart, humble attitude, and wise counsel, Michael is the kind of distributor you want in your corner!
In today’s show, Michael and I talk about:
- The Laundromat Mike brand
- What is a distributor
- How to best work with a distributor
- The process of getting his first laundromat
- What successful owners do consistently
- Commonalities among struggling owners
- Due diligence
- The importance of a good lease
- What makes a good lease
- Diligence Capital Investments
- Passive laundromat investing
And WAY more!
Listen To The Podcast Here
Watch The Podcast Here
Today's Sponsor
Laundromat Resource Marketing– If you need help building or managing a website for your laundromats, let the experts at Laundromat Resource Marketing help you design and build a custom, professional website for you! As experts in the laundromat industry AND in web design and online marketing, we at Laundromat Resource Marketing are able to provide you with a professional website at an affordable price. We’re always transparent so there are no hidden fees. What we quote you is what you pay. Satisfaction and performance guaranteed! With no contracts to sign and guarantees like that, why not let us take care of your online presence while you focus on welcoming all of your new laundry customers? Click the logo or link above to find out more information.
Links from the show
Get Connected
- Diligence Capital Investments
- Laundromat Investor Resources
- Join Laundromat Resource
- Laundromat Resource Forums
- Laundromat Resource Blog
- Be a guest on the podcast!
- Sell your laundromat
- Laundromat Resource Coaching
Connect with Michael
Laundromat Mike Facebook Page
Laundromat Mike Instagram
* Some links may be affiliate links which benefit Laundromat Resource and help us continue to create great resources for you at no extra cost to you. Thank you for supporting us!