Professional Location Scouting Platform

Suburban Portfolio Expansion

How an investment team used systematic scouting and collaboration features to rapidly expand their laundromat portfolio across multiple suburban markets.

The Strategy

This client was an experienced investor looking to scale their laundromat portfolio from 2 to 10+ locations within 24 months. Their challenge was maintaining deal flow velocity while ensuring each acquisition met strict financial criteria.

The team consisted of a lead investor, two acquisition specialists, and a due diligence manager. Coordination across multiple markets and opportunities was becoming unmanageable with spreadsheets and phone calls.

Team Collaboration & Systematic Approach

Using our platform's team collaboration features, they established a systematic process:

  • Market Mapping: Identified 8 suburban target markets within 50 miles of their home base
  • Territory Assignment: Each acquisition specialist took responsibility for 4 markets
  • Communication Coordination: Centralized contact logs prevented duplicate calls and ensured proper follow-up
  • Data Sharing: Real-time updates meant the whole team could see promising opportunities immediately
  • Due Diligence Workflow: Standardized evaluation process using our comprehensive checklist

The Pipeline

Over 12 months, the team's systematic approach generated impressive deal flow:

  • Identified 127 potential targets across 8 markets
  • Made contact with 89 property owners
  • Generated interest from 23 owners
  • Completed detailed evaluations on 15 properties
  • Made offers on 8 properties
  • Successfully acquired 5 locations

Portfolio Results

The 5 acquisitions completed within 12 months:

  • Location #1: $220k acquisition, $15k monthly revenue, 22% cap rate
  • Location #2: $180k acquisition, $12k monthly revenue, 24% cap rate
  • Location #3: $290k acquisition, $19k monthly revenue, 20% cap rate
  • Location #4: $160k acquisition, $11k monthly revenue, 26% cap rate
  • Location #5: $240k acquisition, $16k monthly revenue, 21% cap rate

Portfolio Summary: $1.09M total investment generating $73k monthly revenue (22.3% average cap rate)

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