09/07/2026
Every family should own a boring laundromat because…
The U.S. government will give you $1,000,000 to buy one…
It’s called an “SBA 7(a) loan”….
It’s a loan backed by the U.S. government and it lets you to buy any laundromat in 🇺🇸
Luckily, it’s stupid simple if you follow these steps:
Step 1: Go to smbmarket.com & use these filters:
* $100,000+/year cash flow
* $500k-$2m price range
* 5+ years established
Step 2: Find a laundromat that’s selling for 2-4x annual cash flow
Step 3: Ask the seller for the P&Ls & balance sheet
Step 4: Go to sba.gov to find an SBA lender, like…
* Fundex Bank
* Live Oak Bank
* Huntington Bank
Step 5: Show the P&Ls & balance sheet, then ask for an SBA 7(a) loan
Step 6: Put 10% down and use the SBA 7(a) loan to finance 90% of the purchase
So you put down $80,000 on an $800,000 laundromat…
You pay $9,100/mo to the bank…
But the laundromat profits $18.8k/mo so you still cash flow $9.7k/mo!
But that’s not the best part…
Smart families teach their kids how to work inside the business…
They get lessons on hard work, entrepreneurship & how to manage a business…
The kids paid up to $16,100/year tax-free & it’s a write off for the parents…
This pays for their college if they want to go…
And when they’re old enough, you can pass the business down…
It doesn’t have to be a laundromat that you buy either…
* Car Wash
* Junk Removal
* Accounting Firm
* Home Services Company
All of these are great businesses to build family wealth 🤝🏻
5 years ago, my wife & I started buying businesses for our family…
Today, we own 8 inside our portfolio & they pay us close to $1,000,000 a year…
We live on our own schedule & we’re building wealth for our children to have one day…
If you want to learn how to buy a business for your family & build generational wealth…
DM me “SMB” to learn how 🤝🏻