Secrets of Buying and Owning Laundromats June 16, 2010

Do You Like the Idea of people putting money into Your Bank Account Day after Day? If So attend the live event and learn the Secrets of Buying and Owning Laundromats!

A Laundromat is one of the simplest businesses to run. The beauty of owning a coin laundry is that it is a business that, if set up properly, should only require 5 to 10 hours a week of your time. That's less than two hours a day with weekends off. The majority of the remaining time is spent on collecting and counting the money, filling up the change machines and taking the money to the bank.

This is a business that is NOT labor intensive so you won't have a lot of employees to manage.

In this business, there's no selling involved. You are simply providing the use of your equipment and facility to the public at a nominal fee.

This is a very profitable business. According to the Small Business Administration, coin laundries provide investor returns of 25% to 50%. This is because selfService laundries have high fixed costs and low variable costs.

This is still one of the few businesses where the customers pay you up front and in cash.

The success rates for Laundromats are an amazing 98%, according to the Small Business Association.

Owning a Laundromat is a great safety net business. It's great for people who have jobs, people who are concerned about having enough money during retirement, and real estate investors who are looking for tax advantages or to diversify.

Over the years, Brian developed a system to find potential Laundromats for sale, analyze them, negotiate their purchase, and turn them into a highly profitable source of monthly income. Brian will be sharing his secrets on this recession proof business opportunity with you!

Here's some of what will be covered during the presentation:

*The coin laundry industry trend
*Are laundromats recession proof
*Startup costs
*How much can I really make
*Finding a good location
*Keeping track of the money
*and more.

Official Website: http://laundromats.eventbrite.com/