TLDR: What’s The Verdict On 30 Day Laundromat Ownership Mastery?
Tom Donnelly’s throwing out there that you can make $15,000 a month in passive income from running laundromats.
He’ll teach you to get your own gig up and running in under a month. According to him, jumping into the laundromat game is pretty much a surefire win.
Around 95% of laundromats succeed over a five-year period — sounds like a dream exit from the 9-to-5 grind, doesn’t it?
But let’s get real for a sec. Reaching Tom’s promised land ain’t easy, especially if your wallet’s not bursting at the seams. Dropping $200k to $500k on a laundromat, depending on its size, is no small feat.
And if you’re eyeing a more spacious spot, be ready to shell out even more. The upfront cost can swing wildly depending on whether you’re building from scratch or taking over an existing setup.
Running a laundromat isn’t just about pocketing quarters; there are bills to pay — think water, power, soap, staff, and rent.
Laundromats101 did some number crunching before considering a laundromat purchase. They discovered that the seller has an average yearly revenue of $139,846 and expenses of $90,276. Less their loan payments of $16,704, and they’d end up with a net income of $32,866.
$32k a month would be awesome. As an annual figure, though? Sounds like a hard pass.
But hey, what if there was another way to make money without dealing with all that laundry and waiting for years to see ROI? A way to earn a solid income, maybe hitting $10,000 or more each month, without the hassle of managing physical assets or utility bills?
That’s where Digital Leasing slides in. You can grow this at your own pace, minus the endless cycle of maintenance and customer service.
Still, if the 30-Day Laundromat Ownership Mastery has you intrigued, stick around for more details.
Who Benefits From 30-Day Laundromat Ownership Mastery And Who Should Stay Away?
30-Day Laundromat Ownership Mastery teaches you how to pick the perfect spot for a laundromat and how you can be making $15,000 a month from it.
Tom has three laundromats making some serious cash, like $98,000 from his first one.
In the course, Tom spills how to cut down your initial cash splash on a laundromat using tricks like private loans and seller financing.
He’s big on the legwork, meaning you’ll need to hit the pavement, chat up sellers in person to snag better deals than what’s floating around online.
From finding the right spot, negotiating deals, sprucing the place up, to running the show, he covers it all.
But let’s be honest, this course isn’t for everyone. Thinking it might be for you?
You’ll benefit here if you’re:
- All in on investing both money and time to start up a laundry business.
On the fence? Probably skip if you’re:
- Not keen on dropping $200k to $500k to get into the game.
- Impatient for returns. It’s not a quick win; getting your money back takes time.
- Hunting for a hands-off income stream. As one Redditor put it, “You’re basically buying a full time job owning a laundromat.”
30-Day Laundromat Ownership Mastery: 1,000 FT View Of This Online Business Opportunity
Program | 30 Day Laundromat Ownership Mastery |
Owner | Tom Donnelly |
Original Price | $2,500 |
Discounted Price | $497 |
Refund Policy | 30 day money-back guarantee |
Origin | 2023 |
Website | https://www.theassertiveinvestor.com/ |
Business Model
The laundromat business mixes the service and retail worlds, focusing on everyone’s need to wash clothes. At its heart, it’s all about giving people access to self-serve washers and dryers they can use whenever they need, paying as they go.
There are many ways you can run this show. The best way, though? Well, it depends on what your goals are, the capital you have, and what you prefer.
Check out the five most popular laundromat models:
- Just self-service
- Offering wash, dry, and fold services
- A mix of self-service and wash-dry-fold
- Providing pickup and delivery
- A combo of wash-dry-fold services and pickup and delivery
Thinking about setting up shop can be a bit of a headache, especially when there are already some big players in town. The trick? Figure out what makes your laundromat stand out. Pick your battle and carve out your own spot in the laundry landscape.
And how do you fund this laundry empire?
Tom’s got a pro tip: seller financing. This means instead of getting a bank loan, you make a deal directly with the seller to pay them over time. Tom snagged three laundromats like this in just a year and a half. It’s a savvy move if you don’t want to spend an arm and a leg upfront.
Tom swears by it and says sellers are usually pretty cool with this arrangement. Plus, he’s gonna show you how to pull it off for your own venture.
About The Guru – Tom Donnelly
Tom Donnelly wears many hats: he’s an RV enthusiast who loves hitting the road, currently chilling in Solana Beach, California. His journey kicked off at Western Illinois University back in 2003, diving into Business Administration.
He didn’t stop there; in 2005, he expanded his horizons at NHL Hogeschool, exploring the nuts and bolts of business, trade, and commerce. Since 2015, he’s also been spreading the good vibes as a Yoga 4 Homeless ambassador.
Tom’s career has been quite the ride. He started flexing his sales muscles as an assistant manager at Enterprise Rent-A-Car in 2007, quickly making his mark as a top 10 sales leader.
By 2009, he was on to his next adventure, founding Cheekytraveler to offer up family travel packages. His journey took him to Groupon in 2010, where he spent a decade climbing the ranks from sales director to account executive.
In the midst of all this, in 2018, he ventured into VRBO and Airbnb investments with Kaizen Rentals, targeting spots from California to Tennessee.
2018 was also the year Tom dove into real estate, co-founding Throop Donnelly LLC to invest in homes for class B and C families.
The laundromat world called his name in 2019, looking for a fast track to wealth building. Fast forward to 2020, and he was running TDM Holdings, LLC, focusing on laundromat property investments in Atlanta.
Not slowing down, in 2021, he co-founded TJ Capital LLC, diving deeper into buying, selling, and building real estate.
How Much Does 30 Day Laundromat Ownership Mastery Cost?
The 30 Day Laundromat Ownership Mastery cost is currently $497, down from its original cost of $2,500. This offer is for a limited time only.
What’s My Personal Opinion?
Let’s get into my honest thoughts on 30-Day Laundromat Ownership Mastery.
You know how it is here at ScamRisk, always on the lookout for legit ways to make some dough online, like Digital Rental Method. I’ve combed through a lot of options, and that’s the lens I’m using to check out 30-Day Laundromat Ownership Mastery today.
Ever noticed how online reviews, tend to lean heavily towards the negative? Hit up places like Reddit, Trustpilot, BBB, or even just the comments under ads, and it’s complaint city. Makes you question if everything’s just a scam, huh?
But here’s my take: the naysayers are often the loudest. A bad experience doesn’t automatically mean the course creator is trying to pull a fast one.
Stuck on who to trust? Here’s my method for evaluating something like 30-Day Laundromat Ownership Mastery:
- Expertise: Is the creator actually a laundromat guru?
- Support system: Are there resources like a private Facebook group or personal coaching available?
- Bang for your buck: Beyond the price, what’s the real value here?
- Transparency about costs: Do they lay out all the potential expenses upfront?
- Community success: What’s the vibe like in their community, and are people actually succeeding?
My Recommendation On 30-Day Laundromat Ownership Mastery:
Based on those points, here’s where I stand with 30-Day Laundromat Ownership Mastery.
Tom Donnelly isn’t new to the game; with three laundromats bringing in the cash, it’s clear he’s got the chops.
A supportive online community? Big tick from me.
But, I’m holding back on endorsing 30-Day Laundromat Ownership Mastery for a few reasons:
- Sparse Reviews: It’s tough to find student feedback since the course hasn’t been around long.
- Initial Investment: Starting a laundromat ain’t cheap, folks.
- The “Passive” Income Dream: Thinking a laundromat means easy money? More like constant hustle to keep things running smoothly.
That’s why 30-Day Laundromat Ownership Mastery isn’t getting my seal of approval right now.
Is There A 30 Day Laundromat Ownership Mastery Scam Going On?
Let’s tackle the big question head-on: Is there a 30 Day Laundromat Ownership Mastery scam?
Short answer? No, Tom Donnelly isn’t in the business of vanishing acts—grabbing your cash and disappearing into thin air. You’re actually getting something for your investment, with a legitimate chance to earn and potentially profit.
Investing in a laundromat can be a solid move. You can get an ROI of 20-30% if you do everything right.
But, there’s a big but…
Diving into the laundromat world isn’t pocket change. You’re looking at an investment ranging from $200,000 to a million, depending on whether you’re buying an existing laundromat or starting from scratch. Even Tom, with his seller financing savvy, dropped $10,000 on his first laundromat.
And sure, laundromats come with their set of headaches. Think about hefty utility bills for all those washers and dryers. You also need to allot for costs of keeping the place safe and sound, plus staffing and location expenses. Leaving your business in your staff’s hand is a big leap of faith.
Translation? Earning $15k a month from your laundromat is hard. It’s going to be a real grind that requires time, patience, & a lot of hard work.
I’m not saying it’s a lost cause, but gearing up for significant gains usually means grinding it out for years.
Now, imagine a different route—one that could start padding your bank account with $500 to $2,000 monthly, almost without lifting a finger.
Welcome to the world of Digital Leasing. Think of it as a fast-track to profit, at least in comparison to the long, painful wait to ROI on laudromats.
And the best part? Digital Leasing skip out on the laundromat woes:
- High utility bills
- Security concerns
- Staffing headaches
- Big upfront investments
That’s the beauty of Digital Leasing. I’ve seen buddies of mine run their six-figure businesses from anywhere they fancy, cash flowing in while they live the dream.
Tempted to give it a go? Digital Leasing could be your ticket.
What’s Inside 30-Day Laundromat Ownership Mastery?
Day 1: Mindset of A Top 10% Laundromat Owner
Tom starts you off with the essentials: setting goals, planning, and the legal setup of an LLC for your future six-figure laundromat biz.
Day 2: Laying the Foundation For Your 6-Figure Laundromat Business
Discover the mindset shifts needed for laundromat success & how to ditch those limiting beliefs that could hold you back.
Day 3: Find The Absolute Best Laundromats To Purchase
Learn how to pick winning locations through market research, understand what spots to avoid, and how to size up your competition.
Day 4: How Partnerships Can Fast Track Your Success
Tom discusses the pros and cons of partnerships versus going solo, including how the right partnership can speed up your success.
Day 5: Quick-Start Market Research
Dive into finding your first location with insights into consumer demand, profitability, and spotting market opportunities.
Day 6: The Number One Best Way To Acquire a Laundromat
Discover Tom’s methods for lead generation and direct negotiations with owners for better deals on laundromats.
Day 7: In Depth Laundromat Evaluation
Learn to evaluate a laundromat’s financial health by examining equipment, revenue, utility bills, and additional income streams.
Day 8: Talk to Laundromat Owners Like a Pro
Find out which questions to ask owners to gauge a laundromat’s performance and potential.
Day 9: Make Irresistible Offers
Tom teaches you how to craft offers that owners can’t turn down and how to proceed confidently.
Day 10: Creative Finance: Buying With Low Money Down
Explore creative financing strategies, including seller financing, to purchase your own laundry shop with minimal upfront cash.
Day 11: Due Diligence From A-Z
Tom guides you through thorough due diligence to ensure you make a sound investment.
Day 12: Machine Distributors: Your Secret To Profits
Build beneficial relationships with machine distributors to gain inside industry knowledge and resources.
Day 13-14: Coin Collection & What To Look For
Learn how to assess a laundromat during visits, understanding the business’s inner workings and potential red flags.
Day 15: Create a Top 1% Business Plan
Access and implement Tom’s own business plan, including marketing strategies and adding new revenue streams.
Day 16: Tax Advantages
Discover ways to minimize taxes through smart asset management and depreciation strategies.
Day 17: Scaling Profits And Increasing Revenue
Tom shares how to increase profits through pricing, services, and adding machines without increasing workload.
Day 18: How To Get The Best Lease Possible
Learn key factors for negotiating a lease that sets your business up for success.
Day 19: Smooth Business Ownership Transition
Ensure a seamless transition from laundromat operators with detailed checks on contracts, utilities, and essential services.
Day 20: Managing Employees and Cleaners
Master the art of managing your staff for a passive income model, allowing for minimal personal oversight.
Day 21: Exceptional Customer Service To Boost Revenue
Train your team for top-notch customer interactions to enhance your laundromat’s reputation and revenue.
Day 22: Getting 5 Star Reviews and Loyalty Programs
Strategies for earning stellar reviews and implementing loyalty programs that keep customers coming back.
Day 23: Branding Like A Pro
Brand your laundromat effectively to maintain a passive business model while ensuring freedom and profitability.
Day 24: Advertising Made Easy
Dive into simple yet effective advertising strategies using social media to attract a wider customer base.
Day 25: Make Your Laundromat Passive
Tom shares his personal experience and techniques for managing a laundromat remotely for true passive income.
Day 26: Scaling Your Laundromat Portfolio Fast
Learn how to quickly expand your portfolio for increased revenue and business growth.
Day 27: Flipping Laundromats For Cashflow
Discover how to increase a laundromat’s value through improvements and then sell for a profit.
Day 28-30: Wealth Building Strategies
The final modules focus on maximizing your income through savings, debt management, and tax strategies to ensure a solid investment return and wealth building in the laundromat industry.
Conclusion: To Buy Or Not To Buy 30-Day Laundromat Ownership Mastery
Thinking of diving into the 30-Day Laundromat Ownership Mastery? My recommendation is give it a pass.
Now, don’t get me wrong, I’m not here to diss Tom Donnelly or anything. I bet he put a ton of effort into that course.
But let’s be real: making money from laundromats is not easy peasy. Why sink a fortune into a laundromat when Digital Leasing asks for just $500 to get going?
Owning a bunch of Digital Leasing sites is like having your own virtual laundromat empire, minus the headache. You’re aiming for local businesses or niches in specific towns or cities, building websites that dominate local searches.
With less competition, you could be making up to $2,000 monthly. And upkeep? Just a low-key $30 a month, a far cry from the endless maintenance a laundromat demands.
The best part: your websites practically run themselves, making it the epitome of passive income.
Scaling up is just a matter of rinse and repeat with more sites. Digital Leasing is my go-to for financial freedom, a passive income stream that doesn’t need a hefty initial investment.
What Is My Top Recommendation For Making Money Online In 2024?
I’ve personally tried all of the major online business models:
- I’ve sold fidget spinners through Amazon FBA
- I’ve drop-shipped a toilet-bowl putting green on Shopify
- I’ve sold women’s health supplements via Clickbank affiliate marketing
And I made money with all of them, so trust me when I say: there is no “perfect” business model.
THAT BEING SAID: I would at least recommend you implement something that is tried and true, because I’ve seen TOO MANY people (including friends and family) get burned by stuff like 30-Day Laundromat Ownership Mastery.
They come out of left field with some random idea, make it seem attractive, and then make themselves a quick buck by luring in unsuspecting people.
I’m not saying 30-Day Laundromat Ownership Mastery itself is a piece of trash, I’m just saying you need to be very, very careful.
This is a big reason why I only recommend proven, tried and true business models, like Lead Generation & Ad Agencies.
There are a bunch of programs out there that teach you those skills, but my top choice is Digital Leasing.
Why? It has proven leaders with their own 7-figure businesses implementing exactly what they teach you.
I’ve also got over a dozen personal friends in there, so I feel comfortable telling you it works.
Whether you’re a complete newbie, or you’ve been around the block before but have never had that “big win” to propel you forward, their program works.
Here’s Why:
1)Time: Running your own laundromat business requires significant time and effort because it involves managing daily operations, maintaining equipment, and ensuring high levels of customer service, all of which demand constant attention and hands-on management.
Enter Digital Leasing.
If you’ve got a spare hour-or-two each day, you can do this. If you want to drop everything and go all-in, you can do this. More time obviously means faster results, but even putting in a few hours per day is enough to see real success.
And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring (for the most part).
That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.
But you can only do that once you’ve created an income stream that doesn’t require YOU to be there all day, every day.
2)Big Margins: Laundromats often have slim profit margins due to high operational costs, including utilities, maintenance, and leasing expenses, which can significantly eat into the revenue generated from the service.
With Digital Leasing, your profit margin is nearly 100%. Watch here to learn how.
Just a reminder: these Digital Rental Properties are worth (at a minimum) $500/mo in semi-passive income. And each time you create another one, your income increases, and the effort put into creating the next property decreases.
Best case scenario, you have properties bringing in over $3,000+/mo on “auto-pilot”.
3)It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…
If you wanted to double your income with a laundromat, you would need to double your equipment and customers.
And I can guarantee you, that’s a lot harder than a few clicks & a phone call.
4)You’re Helping REAL People: My biggest gripe with laundromat is that you’re basically only helping yourself.
But when you’re talking about Digital Leasing, you’re helping solve REAL problems that people are ASKING for help with:
Small local businesses around the world need one thing: customers. Without them, their business would fall apart. If we can provide those customers, they’re going to be really happy – and they’re going to pay you for it.
You’re helping a struggling mother or father put FOOD on the table for their families, put their kids through college, or simply live life a little bit more comfortably.
Having this type of impact on the world is what will help you sleep soundly at night.
So, the rest is up to you. You could keep looking at other off the wall business models like laundromat and maybe hit it big one day.
You could keep researching and researching for the next few months (or few years), never making a concrete decision.
OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision to ACTUALLY make it happen, just like it has for thousands of other students before you.
Making a fortune while actually helping real people that need it.
If this sounds like you, click here to see how it all works.