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#03: Investing In Laundromats with Sam Wilson
Manage episode 408776254 series 3564559
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In this episode, we chat with Sam Wilson, the founder and CEO of the Bricken Investment Group. Sam discusses his focus on the laundry space and the reasons why he believes it is a cash-flowing, recession-resistant business. He explains the process of acquiring and renovating laundromats, including removing quarters as a payment method. Sam also shares his strategies for finding and communicating with investors and the expected returns and reporting frequency for his investment opportunities. Overall, Sam emphasizes the importance of cash flow and the long-term potential of investing in laundromats.
In this episode, we’ll cover:
- Shift in Focus to Laundromats for Steady Returns
- Strategic Value-Add Approach in Laundromat Investments
- Local Beginnings Lead to Strategic Geographic Expansion
- Direct Communication Keeps Investors Engaged and Informed
- Consistent Cash Flow: The Core Investment Objective
Click here for the show notes from today’s episode: https://podcastingyou.com/sam-wilson
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