Love laundromats. Love speed queens. Cash money, reliable assets, and no moral issues with providing laundry services. Same with car washes, good margins there too.
I thought the same thing until I had to wash a large comforter. I am very close to a major American city, is still in the suburbs. I went to my local laundromat and it was packed, with big screen TVs, free Wi-Fi, and vending machines. It was a pleasant experience!
Comments
Love laundromats. Love speed queens. Cash money, reliable assets, and no moral issues with providing laundry services. Same with car washes, good margins there too.
Laundries/laundromats are still a thing? I would have guessed they were a dying industry.
$5B market in the US alone. Dry cleaning is on its way out, but lots of folks still without laundry facilities at home or where they rent.
Fascinating, didn’t know about dry cleaning. Found this article:
https://www.npr.org/2021/03/31/982953808/coronavirus-pandemi...
I thought the same thing until I had to wash a large comforter. I am very close to a major American city, is still in the suburbs. I went to my local laundromat and it was packed, with big screen TVs, free Wi-Fi, and vending machines. It was a pleasant experience!