#74 We Made $1M in 8 Months… Should We Sell or Keep Our Laundromat?
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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 “passive income” might not be so passive
- The real workload behind owning a laundromat
- How we’re…
The skinny
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