Cash Business --
There are no bad checks, late payments or uncollectible accounts. If cash runs short, wait a few hours and open the money vaults. There's always plenty of cash.
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Limited Competition --
Mass merchants are driving many small retailers out of business. But your competition is limited! Your competitors can't rent space or buy natural gas, electricity or water any cheaper than you. And this means they can't beat your price.
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No Costly Inventory --
Coin laundries have no inventory taxes, inventory theft, obsolete inventory, inventory closeouts, inventory handling and storage costs, damaged inventory write-offs, inventory insurance or complicated inventory accounting procedures.
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Recession Proof --
Well, almost. Like housing and food, clean clothes are a necessity. Everyone must have clean clothes.
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Freedom --
Coin laundries are simple and easy to manage, so you have more leisure time than with most businesses. You can make big money without being a slave to your business.
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Unlimited Opportunity --
Anyone, from college student to retiree, can run a high-volume coin laundry and still have the freedom to pursue other interests. You don't want to stay small? Then build a multi-store, multi-million dollar corporation. It's your decision.
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Security --
You'll still make money if you're sick or hurt. Most businesses would be in trouble, but a coin laundry doesn't require that much attention. It keeps on paying you whether you're there or not.
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