The Laundromat Resource Podcast

46. Distributor Secrets for Your Laundromat Success with Michael Ambrose

March 09, 2021 Jordan Berry, Michael Ambrose
The Laundromat Resource Podcast
46. Distributor Secrets for Your Laundromat Success with Michael Ambrose
Show Notes

"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

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