543: I Bought a Side Hustle and Tripled Revenue in 1 Year
The Side Hustle Show
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How Do You Do Due Diligence for Your Own Laundromat?
The sticker price is 83 grand, which represents a roughly two year multiple on the income from the business. I think also the first deal is always going to be the hardest because I know that I'll look for a second deal and I've got runs on the board when it comes to running a laundromat. There are law in Australia at least. There are laws that protect you. So if you buy a business, the landlord can't reject you outright, they need to have a valid reason.
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