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Click here
for the interactive flash video for New Investors
(choose the run option when prompted)
Coin Laundries Will Always Be
Around
Clean clothes, like food and shelter, are a basic human need. That's why
self-service laundries are often buffered from fluctuations in the economy,
and why many industry experts refer to them as being nearly
recession-proof. Self-service laundries can make excellent business
investments. The typical store operates on a cash-in-advance basis with
little inventory; thereby eliminating risks such as control shrinkage, theft
and spoilage. Self-service laundries can also enjoy high gross profits and
low operating expenses. So, as volume or average machine cycles increase, so
do profits. Plus, a laundromat is an owner-controlled business, creating a
greater degree of management control. In today's market, the sky's the limit
for new clean stores offering amenities that customers desire.
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