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