Keira Hamilton
Keira Hamilton
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Self-Service vs. Full-Service Laundromats
Laundromat Consultations
keirahamilton.setmore.com
Business Financing Calls
calendly.com/keirahamilton
LinkedIn
linkedin.com/in/keirahamilton
www.arenacommercialcapital.com
#laundromat #laundromatowner #businessacquisition
Переглядів: 130

Відео

Search as a Team Sport | Yvette Owo
Переглядів 1914 годин тому
Yvette Owo reviewed 3000 firms during her search. She knew what she was looking for, and by building a strong and focused search team, she was able to find it. In this conversation, Yvette and I discuss her search strategies, how her relationship with the seller had a positive impact on the acquisition, and how her detailed transition plan led to increased excitement amongst her new team. 00:00...
My Advice for Preparing to Buy a Business
Переглядів 6614 годин тому
Laundromat Consultations keirahamilton.setmore.com Business Financing Calls calendly.com/keirahamilton LinkedIn linkedin.com/in/keirahamilton www.arenacommercialcapital.com
Don't Make This Laundromat Mistake!
Переглядів 6014 годин тому
Laundromat Consultations keirahamilton.setmore.com Business Financing Calls calendly.com/keirahamilton LinkedIn linkedin.com/in/keirahamilton www.arenacommercialcapital.com
My Laundromat Story
Переглядів 147День тому
Laundromat Consultations keirahamilton.setmore.com Business Financing Calls calendly.com/keirahamilton LinkedIn linkedin.com/in/keirahamilton www.arenacommercialcapital.com #laundromat #laundromatowner #smallbusiness #sbaloan Q1H0KDXMPUMB7FMI U46I2FARTYPAMYQ0 LUQ94SUBIVJTMHP7
Take a Tour of My Laundromat
Переглядів 31414 днів тому
What questions do you have about owning and operating laundromats? Let me know in the comments! #laundromat #laundromatowner #smallbusiness #businessacquisition
Is a Wash & Fold Service Even Worth It?
Переглядів 13921 день тому
Wash & fold services are becoming increasingly common at laundromats. Many mats now offer pickup and delivery service as well. While this service can be profitable, it also creates more complexity in the laundromat business model and may not be the best fit for all owners. #laundromat #laundromatowner #washandfold
Understanding Net Income & Seller's Discretionary Earnings (SDE)
Переглядів 106Місяць тому
Net Income and Seller's Discretionary Earnings (SDE) are sometimes used interchangeably, but they are actually two distinct metrics. Understanding the differences between them is key when evaluating laundromats and other small businesses. #laundromat #laundromatowner #smallbusiness #smallbusinessowner
Laundromat Influencers Are LYING to You
Переглядів 1,5 тис.Місяць тому
Laundromat Influencers Are LYING to You
How to Ask Better Laundromat Due Diligence Questions
Переглядів 426Місяць тому
How to Ask Better Laundromat Due Diligence Questions
How to Buy a Business Part 3: How to Finance a Business Acquisition
Переглядів 1932 місяці тому
How to Buy a Business Part 3: How to Finance a Business Acquisition
How to Buy a Business Part 2: How to Find & Evaluate Deals
Переглядів 2202 місяці тому
How to Buy a Business Part 2: How to Find & Evaluate Deals
How to Buy a Business Part 1: Who Can Buy a Business
Переглядів 3712 місяці тому
How to Buy a Business Part 1: Who Can Buy a Business
Buying a $1.6M Tree Service Business with Zero Industry Experience | Landon Mance
Переглядів 782 місяці тому
Buying a $1.6M Tree Service Business with Zero Industry Experience | Landon Mance
1 Year After Buying a $1M Garage Door Company | Brittney Orellano
Переглядів 923 місяці тому
1 Year After Buying a $1M Garage Door Company | Brittney Orellano
From Dental Consultant to Acquiring and Operating a $1M Ice Cream Business | Shawn Allard
Переглядів 623 місяці тому
From Dental Consultant to Acquiring and Operating a $1M Ice Cream Business | Shawn Allard
The Top 4 Questions I Get About Laundromat Ownership Answered
Переглядів 9953 місяці тому
The Top 4 Questions I Get About Laundromat Ownership Answered
5 Lessons Learned From 1 Year of Owning a Laundromat
Переглядів 15 тис.3 місяці тому
5 Lessons Learned From 1 Year of Owning a Laundromat
SBA vs. Conventional Financing For a Business Acquisition | Podcast Clips
Переглядів 474 місяці тому
SBA vs. Conventional Financing For a Business Acquisition | Podcast Clips
SBA Lender Becomes Franchise Owner With $150k SBA Loan | Sterling Birdsong
Переглядів 714 місяці тому
SBA Lender Becomes Franchise Owner With $150k SBA Loan | Sterling Birdsong
Why Aren't There More Women in ETA? | Podcast Clips
Переглядів 254 місяці тому
Why Aren't There More Women in ETA? | Podcast Clips
Legal Insights for ETA | Laura DiFrancesco
Переглядів 604 місяці тому
Legal Insights for ETA | Laura DiFrancesco
Taking the Leap From Corporate to ETA | Hiep Le
Переглядів 404 місяці тому
Taking the Leap From Corporate to ETA | Hiep Le
Leaving Your Corporate Job for ETA | Podcast Clips
Переглядів 244 місяці тому
Leaving Your Corporate Job for ETA | Podcast Clips
The Zombiemat Dilemma | Podcast Clips
Переглядів 374 місяці тому
The Zombiemat Dilemma | Podcast Clips
How to Buy a Laundromat | Mark Csordos
Переглядів 2495 місяців тому
How to Buy a Laundromat | Mark Csordos

КОМЕНТАРІ

  • @user-gz2bw6fx9i
    @user-gz2bw6fx9i 2 дні тому

    What do you think about having somebody come in and run there own wash and fold in your buisness? And keep the place clean 😬

    • @Keira_Hamilton
      @Keira_Hamilton 2 дні тому

      I have seen that done before! It's not something I've personally tried. I think it could be a good fit for owners who are looking for some extra revenue but don't want to deal with running a wash & fold service themselves. But I think there could be some challenges as well. If this person is not your employee, what does that relationship look like? They will essentially be representing your business if they are running their service out of your store, since customers aren't necessarily aware of the business arrangement. Since my store already had a wash & fold service when I bought it, I didn't consider switching to a model like this because it would likely decrease my revenue.

  • @carolmartinez1039
    @carolmartinez1039 5 днів тому

    According to your experience how much capital do you think I need?

    • @Keira_Hamilton
      @Keira_Hamilton 5 днів тому

      For purchasing a laundromat or starting one? The amounts can really range. I recommend checking out my Business Buying Basics course for more info on financing a business acquisition.

  • @06houstonhemi
    @06houstonhemi 5 днів тому

    Oh no, what a crazy thing to deal with!!

  • @TXCACLE
    @TXCACLE 5 днів тому

    Awesome !

  • @06houstonhemi
    @06houstonhemi 5 днів тому

    Always enjoy your truth !!

  • @louiehernandez1325
    @louiehernandez1325 6 днів тому

    Love, love, love the videos! And I’ve actually driven by your laundromat many times. I used to be a student at USF. Question: if i want to get in contact with you regarding an SBA loan for a laundromat, what’s the best way to do so?

    • @Keira_Hamilton
      @Keira_Hamilton 6 днів тому

      Thank you so much!! Check out my calendar: calendly.com/keirahamilton :)

  • @user-ji1vy2xn3l
    @user-ji1vy2xn3l 7 днів тому

    If someone has cash to put 100% down, vs 7-8% interest rate that eats of their margins, wouldn’t it make sense to put cash down. Thoughts

    • @Keira_Hamilton
      @Keira_Hamilton 7 днів тому

      Interest rates could be even higher than that. In some cases, using available cash is preferable. It depends on a person's overall financial picture and their short and long term goals. Sometimes, even if someone has the cash available for the total purchase price, they may still want to leverage debt.

  • @user-ji1vy2xn3l
    @user-ji1vy2xn3l 7 днів тому

    Came to this video after watching king of laundry and investment joy. I was literally thinking about signing up for their course. Investment $25 and king is approx $285

    • @Keira_Hamilton
      @Keira_Hamilton 7 днів тому

      I can't speak to those courses specifically. I'm sure there are useful courses out there. What I really want to caution my viewers about are the folks selling courses using misleading claims, such as the ones I've described in this video. Thanks for commenting!

  • @user-ji1vy2xn3l
    @user-ji1vy2xn3l 7 днів тому

    Knowing everything you know now, if you had to do it all over again, would you still go in this business ?

    • @Keira_Hamilton
      @Keira_Hamilton 6 днів тому

      I absolutely would! Not only has it been profitable, but it's been an invaluable learning experience. The lessons I've learned from owning a laundromat will be necessary to move on to larger acquisitions in the future.

  • @JeremyComiskey
    @JeremyComiskey 8 днів тому

    I am really looking forward to your video about your future plans.

  • @ironsurvival7011
    @ironsurvival7011 8 днів тому

    No such thing as passive income. As soon as you hear that you know it’s BS

  • @user-gz2bw6fx9i
    @user-gz2bw6fx9i 10 днів тому

    Are you going to buy a second laundromat ? Or do something else?

    • @Keira_Hamilton
      @Keira_Hamilton 10 днів тому

      I’ll actually be creating some content around my future plans soon! But the short answer for now is something else.

  • @peteranderson6068
    @peteranderson6068 10 днів тому

    Great video

  • @peteranderson6068
    @peteranderson6068 10 днів тому

    We turn over $1000 a month on our drink machine

    • @Keira_Hamilton
      @Keira_Hamilton 10 днів тому

      That’s great! We’re right across the street from a Safeway, and I’m sure that impacts vending sales.

  • @Tony-jp7cs
    @Tony-jp7cs 12 днів тому

    Without pickup and delivery and wirhout the wash and fold. I wanna know how much she woukd average a year or even just per month.

  • @Laundromattips
    @Laundromattips 13 днів тому

    i just found your channel. lets just stay well be in touch soon. great video

  • @endehabeshi
    @endehabeshi 13 днів тому

    I live in Alameda. I really found your contents informative & educational. I have been researching to follow your footsteps here in Alameda, Oakland or San Francisco. I may reach out in the near future if you don't mind. Keep up the good work

    • @Keira_Hamilton
      @Keira_Hamilton 13 днів тому

      Thank you for the feedback and for checking out my content! You can find a link to book a call with me on my channel if you’re interested in the future. 😊

  • @tyvondavis
    @tyvondavis 13 днів тому

    Love the honesty on this channel! Finally a good hearted owner operator! Can I please book a call with you?!?

    • @Keira_Hamilton
      @Keira_Hamilton 13 днів тому

      Thanks so much for the feedback! I have a link to my booking page on my channel. 😊

  • @AestheticWellnessProgram
    @AestheticWellnessProgram 14 днів тому

    Hey Keira, informative video. I agree, similar to mass media these youtube or instagram videos are primarily marketing/selling on emotions and discourage critical thinking. You mentioned that you broker for SBA loans and I was curious, have you ever written or heard of an SBA loan for a pool cleaning route? In this example one that I would look at would have X number or years with vehicles, equipment and contract accounts and Tax records for cashflow of business I would be acquiring but will most likely be home based. Thanks for all you do and appreciate the response. Regards, Cordell

  • @Skaggs666
    @Skaggs666 14 днів тому

    I only use my laundromat to launder the money I make from selling a shit ton of drugs. I don’t even know if those machines work 🤷‍♂️

  • @CPC2003
    @CPC2003 14 днів тому

    Hello Kira. It’s nice that you have a nice and clean Laundromat we recently started to use a laundromat since our house was flooded and we don’t have a washer and dryer for now. But it’s nice that you continue to be a good owner. Continue to do good with your laundromat and continue to provide services like you mentioned. God Bless you and keep doing what you do.

  • @banditt18
    @banditt18 16 днів тому

    we got a local laundrymat in my small town and every now and again i think about what i'd be like to own one but sadly i never have the funds for it.

  • @steverob123
    @steverob123 19 днів тому

    Appreciate the content!

  • @guilhermehx7159
    @guilhermehx7159 19 днів тому

    Is there such a thing as a "laundromat" influencer??? How does it work?

  • @JeremyComiskey
    @JeremyComiskey 19 днів тому

    This was an excellent tour of your facility! Thanks for sharing it!

  • @user-gz2bw6fx9i
    @user-gz2bw6fx9i 20 днів тому

    Where do you get the screen replacement for the dryers? Thanks for the video!

    • @Keira_Hamilton
      @Keira_Hamilton 19 днів тому

      The screens for the dryers I got through Laundry Owners Warehouse.

    • @user-gz2bw6fx9i
      @user-gz2bw6fx9i 19 днів тому

      @@Keira_Hamiltonthank you!

  • @splashemoutlaundromat
    @splashemoutlaundromat 20 днів тому

    Looks nice... Well on your way! Congratulations on your new venture. Don't you love passive income, not?!

  • @k1only421
    @k1only421 20 днів тому

    Sell? Already?

  • @splashemoutlaundromat
    @splashemoutlaundromat 21 день тому

    Many get into this business thinking it's passive income.

  • @eatpizzaeatpizzaforyou.2060
    @eatpizzaeatpizzaforyou.2060 23 дні тому

    She forgot to say her parents have over $10million They gave the loan at zero interest ! She lie again Her parents own over 14 house in SF. She lie again

  • @eatpizzaeatpizzaforyou.2060
    @eatpizzaeatpizzaforyou.2060 23 дні тому

    She forgot to say she does not own the land or building She is a Lie ! She forgot to say , the cash business She takes home 10% from the business in quarters. She don’t pay tax on it She is a tax thief All cash business They steal money and avoid tax She forgot to say that She a big lie

  • @eatpizzaeatpizzaforyou.2060
    @eatpizzaeatpizzaforyou.2060 23 дні тому

    She forgot to say she does not own the land or building She is a Lie !

  • @QaDri93
    @QaDri93 23 дні тому

    Laundromats in my country are much much smaller. 6 washers, 6 dryers. Open 24/7. I don’t know how much they’re making but it would be nice to buy a franchise.

  • @kellyrodocker765
    @kellyrodocker765 24 дні тому

    My wife and I reached and scheduled time with Keira to discuss the laundromat industry and how SBA financing could play a role. She is very knowledgeable, supportive, and responsive. I’d recommend a 30 min call if you are considering how SBA could be a tool in your financing of a laundromat purchase.

    • @Keira_Hamilton
      @Keira_Hamilton 24 дні тому

      Thanks, Kelly! Great to chat with you and Susan.

  • @TBJaeger
    @TBJaeger 24 дні тому

    Great episode! Thanks!

  • @TBJaeger
    @TBJaeger 24 дні тому

    Thank you for this content. The big question for me is how does one buy a laundromat that has a solid return? I’m totally down to work in the business, but have the fear of buying a dud. Thanks!

    • @Keira_Hamilton
      @Keira_Hamilton 24 дні тому

      Thanks for commenting! Is your question more around how to find a cash flowing laundromat in the first place, or how to analyze financials to know if there's a solid return? Or something else?

    • @TBJaeger
      @TBJaeger 24 дні тому

      Hi K. Thanks for the response! It’s more about finding a mat that’s busy so I know there’s somewhat of a guarantee of a decent return. I understand I can send inquiry letters to the mats that are busy and not selling (to find out if they are interested in selling), but are there any other areas I can look into so I feel more confident in the potential profit? PS - I heard you on Justin’s podcast (I think that’s his name) and was drawn in by your story. I’m a tv producer looking for a pivot into a business of my own - something that AI can’t swallow up! Thx again!

    • @Keira_Hamilton
      @Keira_Hamilton 24 дні тому

      @@TBJaeger I'd be happy to connect with you to answer this question further, as I think my answer might be a bit in depth. Shoot me an email! keira@arenacommercialcapital.com

    • @Daisy_92
      @Daisy_92 10 днів тому

      Hi ​@Keira_Hamilton I have the very same question as this gentleman. I'm very new at the industry and in business. This would be my very first business so it can be a bit overwhelming to grasp initially. Would it be okay to shoot you an email to get the answer?? Also, thanks so much for taking the time to make this very detailed and informative video. 👍🏼

    • @Keira_Hamilton
      @Keira_Hamilton 10 днів тому

      @@Daisy_92 Thanks for commenting! It's a bit of a long answer, and it depends on what specific follow up questions you have. You're welcome to list out your questions here and I will address them in future content, or you can book a consultation with me one-on-one. keirahamilton.setmore.com/

  • @AnfieldRoad-oc3mh
    @AnfieldRoad-oc3mh 24 дні тому

    Keira I’d love to connect but LinkedIn won’t let me message you unless I have premium. Is there another way connecting? Maybe email?

  • @Joseph-gv7xn
    @Joseph-gv7xn 24 дні тому

    very informative videos, thank you!

  • @mzondi1970
    @mzondi1970 26 днів тому

    I'm fairly sure I know who you are referring to I have honestly learned a little to nothing from all the videos I've watched and also I don't have money to throw around I'm dying of cancer and everything means the world to me I'm just trying to get something going where I can just make a couple hundred dollars a week I'm not shooting for millions it's sad not everything is explained I won from a sizeable yearly income ain't got laid off as soon as my company found out I had cancer they thought I was more of a liability at that point so now I'm trying to get by at barely 5% the government gives me over what I made at my workplace and said I've been working since I was 8 years old I'm 54 now and don't even have the money to go outside the house to do anything

    • @jd6041
      @jd6041 17 днів тому

      She isn’t talking about Codie Sanchez if that’s who you’re thinking of. She’s talking about Hannah Ingram. I removed the redact from the DM conversation shown at 5:17

  • @nothinleader
    @nothinleader 26 днів тому

    Really appreciate the video calling these guys out. Been seeing more and more of these gurus and suspected reality wasn't what they portrayed but I had no proof and no personal experience to be able to confirm

    • @Keira_Hamilton
      @Keira_Hamilton 26 днів тому

      Thanks for commenting! This is a big reason I wanted to make this video. If you don't have the personal experience of running a laundromat or other business it's hard to be able to speak out against these folks (even if you can tell their info is fishy).

  • @teemobadger2037
    @teemobadger2037 26 днів тому

    Wow, great video. I like to know about "Real business people, who really own these businesses and not someone who tries to sell a dream to everyone". I respect the hustle but it's gets tiring, when people lie so much and sell dreams to people. Please continue to share more content. Earned my Sub!

    • @Keira_Hamilton
      @Keira_Hamilton 26 днів тому

      I completely agree! Thank you for the feedback and for subscribing!

  • @JeremyComiskey
    @JeremyComiskey 26 днів тому

    This is another excellent and informative video! Thanks so much for taking the time to create it!

  • @JhukyBaggett
    @JhukyBaggett 26 днів тому

    Found you from Jordan’s podcast and follow you here. Love your vdo and everything you saying here thank you for doing this I love to learn more.. a little feedback though if you don’t mind.. the music though 🙃 a little too loud 😣

    • @Keira_Hamilton
      @Keira_Hamilton 26 днів тому

      Thank you for the feedback! That’s great to know and I’ll keep that in mind for future videos. 😊 Let me know if there are any questions I can answer for you!

  • @sirlyfahey7106
    @sirlyfahey7106 26 днів тому

    Can you please help me to open a Laundromat?

    • @Keira_Hamilton
      @Keira_Hamilton 26 днів тому

      I personally haven't opened a laundromat (I bought my laundromat), but I'm happy to help how I can! Are there any specific questions you have?

  • @MoherSurf
    @MoherSurf 27 днів тому

    Hi Keira ,Thanks for taking the time to make these videos, I've very found them very helpful compared to many other laundromat business clips , that seem to focus on buying up big operations to make loads of $ really fastfastfast...just not where I'm at 😅 If you have time to answer a couple of questions I was wondering... What is the price difference between self service and was and fold?($or%) How much extra do you charge for pick up and delivery ? What are your most popular machines in self service 8kg ,12kg ,15kg? Thanks again for your time, much appreciated

    • @Keira_Hamilton
      @Keira_Hamilton 27 днів тому

      I'm so glad to hear my content has been helpful to you! For self-service vs. wash & fold: A 15lb load of laundry done via self-serve is going to be about $6 versus about $35 for wash & fold at my laundromat. Pickup & delivery is about $25 round trip, although I don't set the prices, they are set by Uber/DoorDash. Our most popular washing machines are definitely our 40lbs. Let me know if you have any other questions!

  • @chasingwaterfalls648
    @chasingwaterfalls648 27 днів тому

    Yeah but Cody is a hottie, and that carries an audience . Gotta admit shes a heck of a saleswoman

    • @mzondi1970
      @mzondi1970 26 днів тому

      No matter what she looks like it doesn't accomplish what she's preaching and she already had a successful career at Goldman Sachs long before she started her own deal so she had connections from the get-go

    • @Lawliet734
      @Lawliet734 8 днів тому

      She’s talking about Hannah Ingram.

  • @gigglegrove_riddles
    @gigglegrove_riddles 28 днів тому

    Really enjoyed this. Thank you!

  • @JeremyComiskey
    @JeremyComiskey Місяць тому

    Thanks so much for addressing my question. This was an excellent video!

    • @Keira_Hamilton
      @Keira_Hamilton Місяць тому

      You're very welcome! Glad to hear it was helpful.

  • @tanesha2452
    @tanesha2452 Місяць тому

    Is it best to buy one or build my own from the ground?

    • @Keira_Hamilton
      @Keira_Hamilton Місяць тому

      Great question! I'll make sure to answer this in my upcoming content.

  • @twilliams9259
    @twilliams9259 Місяць тому

    Very helpful. Keep the videos coming!

    • @Keira_Hamilton
      @Keira_Hamilton Місяць тому

      So glad to hear it! What would you like to see me cover in future videos?

    • @twilliams9259
      @twilliams9259 Місяць тому

      @@Keira_Hamilton I am new to the idea of ETA, really entrepreneurship, so my questions may be remedial. 1. Did you open an LLC? 2. Can you please explain how you improved your profitability? Like, did you have in the back of your mind ways to improve it prior to purchasing? Or, was that something you assessed after operating it? 3. What are your thoughts on equipment loans vs business credit cards? Are they essentially the same, or does one offer more tax benefits than the other?

    • @Keira_Hamilton
      @Keira_Hamilton Місяць тому

      @@twilliams9259 Those are great questions! 1) Yes, I did open an LLC and I definitely recommend it for small business ownership. 2) I would say the primary way I improved profitability was through focusing on having a quality product and providing great customer service. My wash & fold is not the cheapest in town, but I'm able to charge more because of the quality. I raised prices (in small increments) a few times and didn't receive any push back on it from customers. 3) I am not sure about tax benefits related to business credit cards versus equipment loans. You can write off interest payments on your taxes, but I don't know how the benefits would differ in those two cases. Sorry I can't be more helpful on that one!