Dave Menz, the Laundromat Millionaire and CEO of Queen City Laundry, will help you learn everything you need to acquire a laundromat business. Get exclusive access to the strategies Dave uses to earn more than $1.8M in revenue per year.
He’ll explain the different types of financing, when to use each kind, and how to evaluate the best financing model for your new laundromat. Then he’ll share his business tips about how to find a laundromat to buy, what to look for when evaluating it, and how to value the potential business opportunity.
Then he’ll go into detail about a laundromat’s value by looking at land value, building value, revenue, profit margins, machine ages, and more. Carefully considering all parts of the business based on Dave’s instruction will help you better evaluate the small business to get the most bang for your buck.
Dave goes on to share his tips and strategies for negotiating a fair agreement. He’ll share the most important terms of an agreement, parts of the deal that are easiest to negotiate, and how to know when to walk away.
Finally, you’ll learn how to operate a laundromat. This includes finding a distributor that provides quality products and services to ensure your machines are well-kept.
The best part of the program is that it’s updated in real time. If you finish the course and come back to it later, you’ll get access to new strategies Dave is using to improve the performance of his laundromats.
Laundromat owner, published author, and podcast host Dave Menz has built a $3.4M net worth as the owner of four laundromats that generate nearly $1.8M in revenue annually. He knows the ups, downs, ins, and outs of the laundromat industry and is passionate about helping new business owners find their footing, and freedom, in successful laundromat ownership.
Dave Menz, a former telephone company employee, decided to buy his first laundromat in 2010. It was run down and losing money, but he fixed it up, improved the processes, and rebuilt its reputation.
He believes studying successful businesses, a passion for serving others, and some grit can go a long way.
Today he’s a published author who’s worth approximately $3.4M. He and his wife own four laundromats that make a combined $1.8M annually.
His success and strategies have led to features in Business Insider and Business Innovators Radio Network. He runs his own podcast and teaches other small business owners to start their own laundromats.
You can find Dave and Queen City Laundry here https://queencitylaundry.com/