ilmscore | Laundromat business acquisition strategy Predictions
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Laundromat business acquisition strategy

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Recent Predictions

Total: 4
Correct: 0
Incorrect: 0
Pending: 4
Unrated: 0
Prediction
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Video
Building a new laundromat is financially prohibitive due to significant upfront costs, including hundreds of thousands of dollars for infrastructure and environmental impact fees (tap fees), making it inadvisable unless one has substantial capital.
"If you want to have a laundromat in your city, I'm sorry. If you want to make money from a laundroma..."
Investment Joy Investment Joy
Jun 30, 2022
Pending
Guy Tried To Sledgeh...
The speaker acquired and renovated their laundromat without using any personal funds, relying entirely on 'other people's money'.
"I spent no money out of pocket to start my laundromat. I used other people's money to purchase the l..."
Investment Joy Investment Joy
Jun 30, 2022
Pending
Guy Tried To Sledgeh...
The easiest way to enter the laundromat business is by negotiating a lease for an existing, potentially 'crappy,' location, and doing so without using personal funds.
"The easiest way is to go in and negotiate a lease. Take take a crappy place over. Don't do it with a..."
Investment Joy Investment Joy
Jun 30, 2022
Pending
Guy Tried To Sledgeh...
Building a new laundromat is financially prohibitive due to significant upfront costs, including hundreds of thousands of dollars for infrastructure and environmental impact fees (tap fees), making it inadvisable unless one has substantial capital.
"If you want to have a laundromat in your city, I'm sorry. If you want to make money from a laundroma..."
Investment Joy Investment Joy
Jun 30, 2022
Pending
Guy Tried To Sledgeh...