Friday, April 24, 2015

Points in favor of starting a laundromat business

- over 90% success rate
- flexible, you don't have to be on site
- labor cost is low, machines are employees
- 20 to 35% return on investment (very high)
- cash business, no accounts receivables
- tax advantages on replacing machines or building the store
- recession proof, stable customer base and revenue

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