What are some things to watch out for when buying a laundromat?
Buying a laundromat in NYC is a significant investment that offers recession-resistant potential, often boasting a 95% success rate over five years. However, it is a high-cost, labor-intensive business that requires meticulous due diligence, particularly regarding lease terms and equipment condition. buy laundromat nyc
The best locations are in high-density, working-class areas with minimal in-unit laundry. What are some things to watch out for