"Laundromat Mike" joins us on the show today to drop a boat load of laundromat wisdom! As a distributor and broker, Michael Ambrose knows this business forwards and backwards. He meets with owners and operators, tours laundromats, and goes the extra mile to ensure his clients have success, and today he wants to make sure you're set up for success, too!
Michael leverages his knowledge, experience, and relationships to help you know what to look for in a distributor, how to best work with a distributor, and even gives his insight into what he sees successful owners consistently doing.
With a servant's heart, humble attitude, and wise counsel, Michael is the kind of distributor you want in your corner!
In today's show, Michael and I talk about:
- The Laundromat Mike brand
- What is a distributor
- How to best work with a distributor
- The process of getting his first laundromat
- What successful owners do consistently
- Commonalities among struggling owners
- Due diligence
- The importance of a good lease
- What makes a good lease
- Diligence Capital Investments
- Passive laundromat investing
And WAY more!
Show Notes
https://laundromatresource.com/show46
Show Sponsor
Laundromat Resource Marketing- We know marketing and we know laundromats! Let us help you build your website and market your laundromat today!
https://laundromatresource.com/getonline
Links
- Laundromat Resource Podcast Show 43 with Andrew Cunningham
- Laundromat Resource Podcast Show 10 with Luke Williford
- Laundromat Resource Podcast Show 9 with Ross Dodds
- Laundromat Resource Podcast Show 39 with Elizabeth Bricken Wilson
- Ross Dodd's Check the Care Label Video
- Value vs. Price Video
Resources
Get Connected
- Diligence Capital Investments
- Laundromat Investor Resources
- Join Laundromat Resource
- Laundromat Resource Forums
- Laundromat Resource Blog
- Be a guest on the podcast!
- Sell your laundromat
- Laundromat Resource Coaching
Connect with Michael
Laundromat Mike Facebook Page
Laundromat Mike Instagram
* Some links may be affiliate links which benefit Laundr
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