Making Coin Through Laundromats with Jordan Berry
The Wealth Without Wall Street Podcast
Valuing a Laundromat and Ways to Scale
This chapter discusses the key numbers needed to value a laundromat and the different ways to scale a laundromat business. It covers topics such as net operating income, equipment age, rental amount, lease duration, and the average multiple used for valuation. It also explores scaling through adding locations, implementing a pickup and delivery service, and the concept of laundromats as a passive income stream.
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