433: Simple, Local Cash Flow: Are Laundromats the Ultimate Side Hustle?

<p>Are laundromats "the ultimate side hustle," like my guest Jordan Berry described?</p> <p>These simple, local, cash-flowing businesses have been around forever, but surprisingly this is the first time discussing them in detail on the show.</p> <p><em><a href="https://www.sidehustlenation.com/join/">Click here to join Side Hustle Nation for free</a>!</em></p> <p>Jordan is a former pastor turned laundromat mogul. Along the way, he's become an advocate for the industry through his website and podcast at <a href="https://laundromatresource.com/" target= "_blank" rel="noopener">LaundromatResource.com</a>.</p> <p>Jordan got the idea to buy a laundromat after his wife told him about a family friend quitting his day job in tech after buying one.</p> <p>It wasn’t just the income potential that intrigued Jordan. He wanted a business that would generate <a href= "https://www.sidehustlenation.com/passive-income/">passive income</a> -- and yield better returns than <a href= "https://www.sidehustlenation.com/investing/real-estate/" target= "_blank" rel="noopener">real estate</a>.</p> <p>Jordan has been able to achieve both of those things through buying laundromats. </p> <p>Tune in to hear:</p> <ul> <li>why a laundromat makes a great side hustle and investment vehicle</li> <li>some of the expensive mistakes to avoid</li> <li>where to look for financing and some creative marketing and monetization ideas</li> </ul> <p>Here's a look at the 10 most compelling reasons why owning a laundromat is -- according to Jordan -- “the best investment you can make."</p> <p><a href= "https://www.sidehustlenation.com/buying-a-laundromat/">Full show notes</a></p>