Codie Sanchez

So your customer segment is not Tiffany's.

This is a different customer segment.

This is a different customer segment.

And so you have to be thoughtful on that.

And so you have to be thoughtful on that.

And then the other thing about laundromats that's just worth noting is they take a lot of equipment.

And then the other thing about laundromats that's just worth noting is they take a lot of equipment.

And so if you're going to buy one, you really got to make sure you understand what that equipment is worth.

And so if you're going to buy one, you really got to make sure you understand what that equipment is worth.

Otherwise, you could get into a point where you buy a laundromat with all these machines, but the machines are all old.

Otherwise, you could get into a point where you buy a laundromat with all these machines, but the machines are all old.

They're not going to work anymore.

They're not going to work anymore.

So you got to do some work on the equipment and get an appraisal.

So you got to do some work on the equipment and get an appraisal.

Vending machines are great because this is a very cheap business to start or buy.

Vending machines are great because this is a very cheap business to start or buy.

I see people buy vending machine businesses for anywhere from $3,000 to maybe $300,000.

I see people buy vending machine businesses for anywhere from $3,000 to maybe $300,000.

So it's a really good, again, entry-level business.