Podknife - Choosing Laundromats over Real Estate by Acquiring Minds

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Choosing Laundromats over Real Estate

Podcast |: Acquiring Minds
Publisher |: Will Smith
Media Type |: audio
Podknife tags |: Business,; Entrepreneurship,; Interview,; Investing,; Mergers & Acquisitions
Categories Via RSS |: Business,; Entrepreneurship,; Investing
Publication Date |: Dec 16, 2021
Episode Duration |: 00:51:17

Description
iTunes Summary

Geoff Oliver bought 2 laundromats in rural Texas. He shares his numbers & what to consider when acquiring a laundromat.

Themes from Geoff's interview:

How working as an SBA lender lit a fire for acquisitions
Looking for a real estate investment and finding a great business instead
What makes laundromats competitive
Self service vs. full serve
Why quality of laundromat equipment can matter more than earnings
Understanding your customers’ preferences before making changes
The growth potential of asset-heavy businesses
The appeal of “zombiemats”
How to hire a manager for your laundromat

Reach Geoff at:

@GeoffOliverATX on Twitter

Geoff Oliver bought 2 laundromats in rural Texas. He shares his numbers & what to consider when acquiring a laundromat.

Themes from Geoff's interview:

How working as an SBA lender lit a fire for acquisitions
Looking for a real estate investment and finding a great business instead
What makes laundromats competitive
Self service vs. full serve
Why quality of laundromat equipment can matter more than earnings
Understanding your customers’ preferences before making changes
The growth potential of asset-heavy businesses
The appeal of “zombiemats”
How to hire a manager for your laundromat

Reach Geoff at:

@GeoffOliverATX on Twitter

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