Just Elementary, Inc. » Entries tagged with "coin laundry"
Are Starter Coin Laundries a Good Investment?
What does the term ‘starter’ coin laundry mean when you see an advertisement of a coin laundry business for sale? The sellers and brokers who advertise those businesses for sale want it to sound like a small, safe, simple, easy to run investment that involves less invested money put at risk. However, the truth is that smaller coin laundry businesses don’t have the economy of scale to outsource work. Meaning, you will have to be … Read entire article »
Filed under: Business Opportunity For Sale
4 Reasons to Buy A Laundromat.
Without further ado, here are the commonly bandied around reasons why laundromats seem like great investments. 1. Passive Income 2. The Business Offers a Valuable Service for the Neighborhood that you can take pride in providing 3. Flexible Hours 4. Simple Cash Business You just got back from that Robert Kiyosaki, Donald Trump, T. Harv Eker seminar and you are pumped to get some passive income. Yes, and Laundromats may have come up as a source of passive income. So … Read entire article »
Filed under: Business Tips
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