What Makes Laundromats Low-Risk Investment Businesses?
There is a reason experts consistently cite coin-operated laundries as one of the safest investments for entrepreneurs. Ideally, a coin-operated laundromat represents a low-risk, reliable income source. It’s a cash business that requires no franchise fees, small inventories and you can manage your own time investment. In fact, many owners run their laundromats part-time. Customer demand and cash flow are both relatively consistent. After all, [...]