← Back to context

Comment by bdangubic

13 hours ago

Laundromats are the best business there is and are extremely profitable and seldom to never go out of business - you should look this up, it is fairly fascinating.

The laundromats around here closed down years ago. Not a characteristic of extremely profitable businesses.

There are a couple of strip malls nearby that have vacant rentables, vacant for years and years. Nobody has thought to put an extremely profitable laundromat in any of them.

  • This is anecdotal - look this up outside of your strip malls. It has the some of the lowest failure rates of just about any business and 20-35% ROI