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Acquiring Minds

Choosing Laundromats over Real Estate

16 Dec 2021

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 acquisitionsLooking for a real estate investment and finding a great business insteadWhat makes laundromats competitiveSelf service vs. full serveWhy quality of laundromat equipment can matter more than earningsUnderstanding your customers’ preferences before making changesThe growth potential of asset-heavy businessesThe appeal of “zombiemats”How to hire a manager for your laundromatReach Geoff at:@GeoffOliverATX on Twitter

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