Buy A Laundromat That Already Pays. Let The Retiring Owner Finance It. | Free Live Masterclass with Joe & Lisa Ebanks
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Free Live Masterclass • Joe & Lisa Ebanks

Buy A Laundromat That Already Pays. Let The Retiring Owner Finance It.

The O.W.N. Method: how working professionals find owners who want to carry the note, let AI make the awkward first call, and take over a store with trained customers on day one, while keeping their capital for operations and growth.
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Built for working professionals and business owners with funds set aside for their next business, who would rather buy a working machine than build one from scratch.

Owner financed, not bank financed AI makes the first call Customers already trained
$130,000Negotiated off deal #1
Under 30 daysOffer to keys
Joe and Lisa Ebanks

The Ownership Loophole Most Buyers Never Hear About: The O.W.N. Method

Most people think buying a laundromat means a bank loan, perfect credit, and years of saving. Joe and Lisa bought theirs a different way. On this class they walk the whole method, with the real numbers from their own deals.

OSTEP 1

Owners Want Out

Thousands of laundromats are owned by people in their 60s and 70s whose kids do not want the store. Why the smartest of them prefer to be paid over time (it has nothing to do with your credit) and how to find them before they ever list.

Why sellers say yes
WSTEP 2

Work Done By AI

The number one reason people never buy is the phone. Joe and Lisa show how an AI caller finds, calls, and qualifies owners so the first conversation you have is a warm coffee meeting, not a cold pitch.

No cold calling
NSTEP 3

Never Start From Scratch

A store that has served the same neighborhood for 20 years comes with customers, equipment, and cash flow on day one. Buy a working car. Do not sit in the garage building the engine.

Day-one cash flow

Here Is How Joe's First Laundromat Actually Got Bought

Joe and Lisa break this deal down line by line on the class. Every number below is from their own purchase.

Deal #1 • Tampa, FL • Owner financed

Asking $350,000. Bought for $220,000.

Asking price$350,000
Negotiated price$220,000
Down payment$50,000
Seller note5 years at 6%
Payment hiatus to start6 months
Offer to closingUnder 30 days

Joe did not write the $50,000 check alone. A partner brought the down payment and the rehab money. On the class you will hear exactly how that conversation went.

Deal #2 • Through a broker

Owner financing works even when a broker is in the middle.

A 3,300 square foot store at $325,000. The owner's daughter knew the business and did not want it. Partners brought $180,000 and the seller carried the rest. Same method, different doorway.

"Nine out of ten sellers can't qualify their own store for an SBA loan. Their books aren't clean enough. So the only buyer they can sell to is one who lets them carry the note. That's you."

Joe Ebanks, on why owners finance

Joe and Lisa's own deals, shared as education. Results are not typical and are not a promise of what you will buy or earn.

Six Things You Will Know By The End Of The Hour That Most Buyers Never Figure Out

Bring a notepad. This is the same material Joe and Lisa use with the families they mentor, taught in the open.

Why owners finance
1Wants retirement income spread out
2Big lump sum = big tax hit
3Kids do not want the store
4Books will not pass an SBA lender
NOT about your credit

Why Retiring Owners WANT To Finance You

The four reasons a seller would rather get paid over five years than take a check today, and the exact way to bring it up so it feels like their idea.

Term sheet draft
PriceNegotiated
DownPartner funded
Seller note5 yr / 6%
First paymentMonth 7
ReservesKept
Capital preservedYES

The Seller-Finance Term Sheet

How to structure the down payment, the note, and a payment hiatus so you keep your capital for operations, repairs, and reserves instead of emptying it into the purchase price.

AI outreach live
Calling owner...
"Have you ever thought about what happens to the store when you retire?"
Owners called14
Open to talking3
Coffee booked1

Let AI Make The Awkward First Call

Watch how the AI caller finds owners, opens the retirement conversation, and books the meeting, so you walk in already expected. No cold calling. Ever.

Does the store carry the note?
Revenue
Expenses
Note pmt
Left over
SUPPORTS DEALTHINPASS

Evaluate A Store In Minutes

The quick math Joe runs before he drives anywhere: does the cash flow cover expenses, equipment, and the financing payment with room to spare? Yes, thin, or pass, in under ten minutes.

Red flag check
Lease term left✓
Water bill vs stated sales✕
Equipment age✓
Seller's real reason✓
Utilities in seller's name✕

The Red Flags That Turn A Bargain Into A Money Pit

The lease clause that kills deals, the utility bill that exposes an inflated revenue claim, and the questions that tell you whether an ugly store is fixable or fatal.

First 30 days
Day 1Keys, POS, cameras✓
Day 3Meet the regulars✓
Day 7Pricing + hours reset✓
Day 14Wash and fold live
Day 30Stabilized

Your First 30 Days As An Owner

Lisa's takeover checklist: the systems, pricing, and small upgrades that stabilize a store fast, plus the pickup and delivery add-on that lets you serve customers before you even own a location.

Joe and Lisa Ebanks inside one of their laundromats
Joe & Lisa EbanksFounders, Wealth Off Washers

A Husband And Wife Who Went From Chasing Deals To Owning Multiple Laundromats

Joe is an Army veteran with more than 20 years of creative financing and negotiation experience. He is the one who sits across the table from the seller.

Lisa is the systems expert. She builds the operations, SOPs, and processes that turn a rundown store into a business that runs without either of them standing in it.

They did not come from money and did not start with perfect credit. Through grit, faith, and a willingness to learn, they turned one laundromat into a full family-income engine, and now they teach the exact method in the open.

20+ yrsCreative financing
MultipleStores owned
Army vetJoe's background

This Class Is Worth An Hour Of Your Life If...

This is for you if

  • ✓You are a working professional or business owner with funds set aside for your next business.
  • ✓You want a business with customers and cash flow on day one, not a startup you have to prove.
  • ✓You are willing to sit down with a real seller, once AI has done the finding and the first call.
  • ✓You want to keep your capital for operations and growth instead of handing all of it to a bank.

This is not for you if

  • ✕You need this business to replace your paycheck by next month.
  • ✕You want something fully passive with no owner involvement at all.
  • ✕You are not willing to learn how to read a store's real numbers before you buy.
  • ✕You are looking for a guarantee. Joe and Lisa teach what worked for them, not a promise of what will work for you.
Free Live Masterclass

Save Your Seat For The Next Class.

Joe and Lisa walk the O.W.N. Method start to finish, break down their own deal paperwork, and show the AI outreach working. Register below and pick the class time that works for you.

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