A boring business I’d buy if I were starting from scratch

Hey, Ben here!

If I were starting from scratch today with limited capital and wanted to build a cash-flowing asset as quickly as possible, a laundromat would be near the top of my list.

Most people walk right past them without giving them a second thought…

And that’s actually part of what makes them attractive.

Here’s why. 👇

Jessica bought a $2.4M home healthcare agency and is projecting over $400K in profit in year one after joining Acquisition Ace.

She went from nurse practitioner to business owner with a business that’s already exceeding projections.

👉 Want priceless education and a community where everyone wants you to succeed? Book a call with our team here.

Why laundromats make sense

They’re recession-resistant.

People need clean clothes regardless of what the economy is doing.

They run with minimal staffing, often just one part-time attendant, and revenue is consistent and cash-based.

Plus, the industry is highly fragmented, with most locations owned by operators who have been running them the same way for decades and are approaching retirement age.

That last point matters a lot. A business that’s been operating on autopilot for 20 years with no marketing strategy beyond its street address has real upside waiting for a buyer willing to modernize even slightly.

You’re just coming in to add value to something that already works, and capture the upside that’s been sitting there untouched.

(Inside Acquisition Ace, members learn how to evaluate deals like this, by screening for the right fundamentals before spending time on due diligence. To see how our community could help you land your first business deal, book a call with our team here.)

How to find them

The best laundromat deals often don’t show up on listing sites.

Many owners have never seriously thought about selling, they’ve just been running the same operation for decades and haven’t been approached by a motivated buyer.

Direct outreach works well here.

Drive through target neighborhoods, identify locations, and reach out to owners directly, either in person or through a personalized letter expressing your interest.

A genuine, straightforward approach goes a long way with operators who haven’t been pitched before.

This is one of those categories where off-market sourcing gives you a real advantage, by having conversations the owner hasn’t had with anyone else.

If you’d like help thinking through what a search like this could look like for you, the Acquisition Ace community is a great place to start.

👉 Book a call with my team here to hear how Acquisition Ace could help you land your first business.