Reading the other reviews is not surprising. The first time I dealt with Rick was when I inquired about a laundromat for sale in my area (North NJ). When he called back, the first thing he told me was that someone had already put a deposit on it and it was no longer available. But that I was in luck because he is a Laundry Consultant and that laundromats are a dying business but Laundry Drop off stores are the future and he could help me get into one for only $69k. I was intrigued and was willing to go with it. We had a meeting scheduled in my area and doing my due diligence, I drafted a list of questions that I had. To be efficient, I had emailed them to him so he can review ahead of time and we can make most of our time together during that meeting. He called me to let me know he receiceved the questions and would go over them the weekend before our meeting. The day before our meeting, he texted me saying that he will be cancelling our meeting because I had too many questions and it seemed that I was not serious nor ready to get into the business. All the red flags were going up and I'm glad I didn't actually go into business with this person.
Fast forward a couple of months and I saw another laundromat for sale in my area on the website us.businessesforsale.com (the first one was from there as well). I get a call from someone named "Henry" who was giving me the same sales pitch about why I should get into a Laundry drop off store and all the reasons in the world why I should not get into a laundromat. Also, at the beginning of the call, he informed me that someone had just put a deposit and that laundromat is no longer available.
Now, March of 2026, I inquired on a laundromat through bizbuysell and sure enough, when I got the call today, I knew his voice and story by heart. This time, he stuck with the name "Henry" and gave me the same sales pitch as the previous two times. Someone put a deposit on the laundromat, here's why you don't want to purchase a laundromat and here is why you want to purchase a laundry drop off store.
This guy is a con man who does Bait & Switch on people looking to actually do business and purchase Laundromats. He purchases listings on business selling sites and creates fake listings in favorable areas for Laundromats, and when people inquire, he tells them that "someone already put a deposit but hey, you're in luck because i'm a laundry consultant, laundromats are a dying business but I can get you into the future of the laundry industry with a laundry drop off store."
Do not do business with this man! read more