This is the ONLINE Immediate download of Danny's famous "Cleaning Up in Laundromats" content that he created and has been building on for fifteen years. This all inclusive course will answer ALL of these questions, and more...
I. Why Laundromats?
- Cash flow
II. Do YOU have what it takes?
- Common sense vs. business sense
- Bravado, Audacity, hutspa, Gravitas... GUTS!
III. Store Scouting
- New Build vs. Existing location
- Store's location in relationship to your location
- Store's location in relationship to demographic
- For you
- For your store
- For your customers
- Store's layout
- Sq Footage (size matters)
- Key leading failure indicators (some stores should die)
- Current Owner's position
- Competition (all of the above applies)
- What to look for
- What they are looking for in you
V. Lease negotiation
- LOI (how to make this tool your crowbar)
- Price per Square foot
- Abated rent and Gross rent
- 15 year minimum (offer 20 - at stand still)
(The inevitable "Vanilla" threat)