72 min listen
Choosing Laundromats over Real Estate
FromAcquiring Minds
ratings:
Length:
51 minutes
Released:
Dec 16, 2021
Format:
Podcast episode
Description
Geoff Oliver bought 2 laundromats in rural Texas. He shares his numbers & what to consider when acquiring a laundromat. Themes from Geoff's interview:
How working as an SBA lender lit a fire for acquisitions
Looking for a real estate investment and finding a great business instead
What makes laundromats competitive
Self service vs. full serve
Why quality of laundromat equipment can matter more than earnings
Understanding your customers’ preferences before making changes
The growth potential of asset-heavy businesses
The appeal of “zombiemats”
How to hire a manager for your laundromat
Reach Geoff at:
@GeoffOliverATX on Twitter
How working as an SBA lender lit a fire for acquisitions
Looking for a real estate investment and finding a great business instead
What makes laundromats competitive
Self service vs. full serve
Why quality of laundromat equipment can matter more than earnings
Understanding your customers’ preferences before making changes
The growth potential of asset-heavy businesses
The appeal of “zombiemats”
How to hire a manager for your laundromat
Reach Geoff at:
@GeoffOliverATX on Twitter
Released:
Dec 16, 2021
Format:
Podcast episode
Titles in the series (100)
How to Build a Portfolio of Micro SaaS Businesses: Hard-won lessons about buying micro SaaS businesses from Andrew Pierno, who has acquired 3 and plans to buy many more. by Acquiring Minds