#74 We Made $1M in 8 Months… Should We Sell or Keep Our Laundromat?
About this episode
The episode discusses the decision-making process regarding whether to sell or keep a newly remodeled laundromat after significant investment.
Send us Fan Mail We took a completely run-down commercial building and turned it into a fully remodeled laundromat from the ground up. After 8 months, over $1.25M invested, and multiple delays with the city… we’re finally ready to open. But now comes the real question: Do we keep it and potentially make $10K/month… or sell it for a $1M profit? In this podcast, we break down: - Total project cost vs potential sale price - Real laundromat income projections (conservative vs aggressive) - Why ...
People in this episode
Host: Juan Huizar
Topics covered
- real estate
- laundromat investment
- business decision
- profit analysis
- income projections
Keywords
- laundromat
- investment
- profit
- real estate
- business strategy
Mentioned in this episode
Organizations: Sage Real Estate
Places: commercial building
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