Past event · Startup & Business

Real Estate With a Cash Register: Why Laundromats Belong in Your Portfolio

· PDT
3229 E Spring St · Long Beach

Jordan Berry of Laundromat Resource breaks down why laundromats belong in a real estate portfolio, and how to buy and run your first store. About this Event TOPIC: Real Estate With a Cash Register: W…

Real Estate With a Cash Register: Why Laundromats Belong in Your Portfoliophoto: AllEvents
When
Ends PDT
Where
3229 E Spring St3229 East Spring Street
This event has already happened.

When and where

Date and time
Ends PDT — local Long Beach time
Location
3229 E Spring St3229 East Spring StreetLong Beach

About this event

Jordan Berry of Laundromat Resource breaks down why laundromats belong in a real estate portfolio, and how to buy and run your first store.

About this Event

TOPIC: Real Estate With a Cash Register: Why Laundromats Belong in Your Portfolio59% of Long Beach households rent, and many have no washer or dryer. That's a built-in customer base for laundromats, an asset class with needs-based demand, no evictions or rent control, and yields that can far outpace small multifamily.

But a laundromat is a business, not a building. The lease is the real asset, and the broker's numbers aren't always the ones to trust.

In this session, Jordan Berry, founder of Laundromat Resource and multi-store owner, will walk through a live SoCal deal teardown and lay out a clear path to buying your first store.

What we'll cover:

Why a laundromat is "real estate with a cash register" and how it compares to rental property

The four numbers every buyer needs to know: rent to revenue, net margin, utilities, and price multip

Official details

Price:
$20.00 USD (listed — confirm on the official page)
Listing source:
AllEvents

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