Are Laundromats "Cash Cows"? with Dave & Carla Menz

Social Media shows countless videos of collecting the coins and cash from owning a laundromat, but is a laundromat really a "cash cow"?? Is it really a passive business? Listen as Dave and Carla Menz discuss this idea and how they have become passive owners in their laundromat business.Referenced Links:• Dave’s Coaching: www.laundromatmillionaire.com/coaching• H-M Company Drain Troughs: https://draintroughs.com• Link to get Atmosphere TV:https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”o Contact Mike directly: [email protected] Website: www.laundromatmillionaire.comOur Online Course: https://dave-menz.mykajabi.com/sales-pageOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaireOur LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.queencitylaundry.com/deliveryBuy Dave’s Book: www.laundromatmillionaire.com/bookOur First Episodes: https://youtu.be/NpvRxaWmWaY and https://youtu.be/O-ctFcOIEcsTimestamps00:00 Laundromat Millionaire Intro00:58 “Passive Business” defined03:50 Passive Owner versus Passive Operations06:36 Yes, a Laundromat Can Be Owned Passively!09:49 Passive versus Flexible11:53 Why We Chose Laundromats13:33 “A Laundromat Runs Itself!”16:37 Our Journey to Passivity21:06 Building in BackupsLearn more about your ad choices. Visit megaphone.fm/adchoices