In this episode, we sit down with a multi-location car wash and laundromat owner to break down how everyday people can acquire cash-flowing businesses without relying on banks, using owner financing and smart deal structure.
We cover:
• How owner financing works and why sellers often prefer it
• Why car washes and laundromats remain recession-resistant
• Why buying an existing business beats starting from scratch
• How to evaluate a business before you buy it
• What day-to-day operations actually look like
• The common mistakes first-time buyers make
This is a practical, no-fluff conversation for anyone serious about buying real assets, not chasing hype.