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How many new housing units are being built without laundry hookups? A laundromat is a terrible investment. The pool of customers will constantly shrink over tim
by MisterMower 5y ago
How many new housing units are being built without laundry hookups? A laundromat is a terrible investment. The pool of customers will constantly shrink over time. They’re predatory, too: preying on people who can’t save enough money to buy a used $400 washer and dryer.
- jdavis703 5y agoA laundromat was just an example. There are plenty of urban places where the revenue is going to be fairly stable... Or maybe increase as housing overcrowding increases due to limited apartment construction. I've lived in neighborhoods like this. But you could also consider other commodity businesses like vending machines, cleaning services, corner stores, etc.