Danville, California (PRWEB) June 15, 2010
Wealth and Health Network, a real estate investors association, is hosting an evening Seminar on ‘How to Buy and Own a Profitable Laundromat’ (http://laundromats.eventbrite.com/) on Wednesday June 16th from 6:30 pm to 8:30 pm at the Hyatt Place in Dublin, California.
Do you like the Idea of people putting money into Your Bank Account Day after Day? According to the Small Business Administration, coin laundries provide investor returns of 25% to 50%. This is because self service laundries have high fixed costs and low variable costs. It is a service-based business that fulfills a basic necessity in life and is therefore recession-resistant!
“Whether you are just looking for a part-time business, something that can be your safety net, or a business you can do in retirement, you can clean up with Laundromats. They are great for anyone looking for cash flow, tax advantages, or even to diversify their investment portfolio!” according to Brian Brunckhorst, Author of Secrets of Buying and Owning Laundromats."
The beauty of owning a coin laundry is that it is a business that, if setup properly, should only require 5 to 10 hours a week of your time. That's less than two hours a day with weekends off. The majority of the remaining time is spent on collecting and counting the money, filling up the change machines and taking the money to the bank. This is a business that is NOT labor intensive so you won't have a lot of employees to manage. Plus there's no selling involved. You are simply providing the use of your equipment and facility to the public at a nominal fee. With the economic downturn, more and more people are moving into apartments which means there is a growing need for Laundromats.
Brian Brunckhorst is an author, seminar speaker, successful entrepreneur and Laundromat expert who will be sharing his secrets of buying and owning Laundromats at the June 16th event.
For more information and to register for the June 16th Laundromats Seminar visit http://laundromats.eventbrite.com/
About Wealth and Health Network:
Wealth and Health Network is a real estate investors association that provides wealth building education, resources, and business and real estate investment opportunities and provides networking opportunities at its regular monthly meetings and other live events. The attendees get the opportunity to learn about wealth creation strategies from carefully selected and experienced local and national experts. The meetings take place every 3rd Wednesday at 6:30 pm at the Hyatt Place Dublin/Pleasanton in the San Francisco Bay Area.
Contact Person: Ketan Naran