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I wish, 100k isn't probably going to get you there. The machines usually run 50k from the people I've talked to about their starts. Liquor licensing and approva
by upsidesinclude 4y ago
I wish, 100k isn't probably going to get you there. The machines usually run 50k from the people I've talked to about their starts.
Liquor licensing and approvals can eat that 100k before you even have inventory
- Overtonwindow 4y agoWell the question was if you had $100,000 what would you do with it, and my answer was too invested in these businesses. I agree that it would be very expensive to try to buy one and start it up new, but perhaps I could buy into an existing business. Another option is to use the $100,000 as a down payment on a business loan to create the laundromat business. I see your point, but I was going more for the investment rather than outright buy