The laundromat is very beat up but also very popular. I've never owned before so it is a learning curve, but the cash on cash return is so far phenomenal considering I just stop by every morning to check on the attendant, the store, and meet with customers.

My plans are to give the whole place a facelift, set up a wash dry fold service, and provide some newer machines, all purchased with the revenue from the laundromat.

Currently it grosses about 250k per year with a net of 80k. I'm confident I can double that with the wash dry fold, but time will tell .

I'll be posting updates here and on youtube.

https://www.youtube.com/channel/UCONTo8Dc9D0lPHSWE4imNrw

nice job fiona

That’s pretty cool. I have thought about this, and or a self car wash.

neat

Yeah I want to buy a car wash/gas station combo next. These low employee business are like gold

Great return on investment.

thanks for investment idea

i always wanted to run a used tire shop. sounds quaint and fun

certain youtube videos beg to differ when the bro just loots like 450 per month in his machines


if yours is different then fucking A good for you bud

I spent a lot of quarters at the local Laundromat at the end of 2017 and throughout all of 2018.
Finally got a used washer and dryer about spring time of 2019. I miss those Saturday nights!