10 Reasons to Buy a Laundromat Business as Your Next Side Hustle (Greatest Hits)

The Side Hustle Show

Are laundromats "the ultimate side hustle," like my guest Jordan Berry described?

These simple, local, cash-flowing businesses have been around forever, but surprisingly this is the first time discussing them in detail on the show.

Jordan is a former pastor turned laundromat mogul. Along the way, he's become an advocate for the industry through his website and podcast at LaundromatResource.com.

Jordan got the idea to buy a laundromat after his wife told him about a family friend quitting his day job in tech after buying one.

It wasn’t just the income potential that intrigued Jordan. He wanted a business that would generate passive income -- and yield better returns than real estate.

Jordan has been able to achieve both of those things through buying laundromats.

Tune in to hear:

• why a laundromat makes a great side hustle and investment vehicle
• some of the expensive mistakes to avoid
• where to look for financing and some creative marketing and monetization ideas

Full Show Notes: 10 Reasons to Buy a Laundromat Business as Your Next Side Hustle

New to the Show? Get your personalized money-making playlist ⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠!

Sponsors:

⁠⁠⁠⁠⁠Mint Mobile⁠⁠⁠⁠⁠⁠⁠ — Cut your wireless bill to $15 a month!

⁠⁠⁠⁠⁠⁠⁠Indeed⁠⁠⁠⁠⁠⁠⁠ – Start hiring NOW with a $75 sponsored job credit to upgrade your job post!

⁠⁠⁠⁠⁠⁠⁠OpenPhone⁠⁠⁠⁠⁠⁠⁠ — Get 20% off of your first 6 months!

⁠⁠⁠⁠⁠⁠⁠Shopify⁠⁠⁠⁠⁠⁠⁠ — Sign up for a $1 per month trial!