Buying a Coin Operated Laundry

Speed queen (drying tumbler)
photo credit: (le)doo [4 days off]

BizBen Blog: “The Lease is your most valuable asset in a Coin Laundry. Remember, that all of the Plumbing fixtures, electrical service, the sewer and building fees, along with all of the physical surroundings of the laundry are totally dependent on the property and an asset for a limited period of time. A laundry is not a re-locatable asset. These factors require a strong lease. When possible, it is always better to purchase the property.”

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