Home Forums Laundromats Is it better to buy an existing laundromat or build new for 1st investment? Reply To: Is it better to buy an existing laundromat or build new for 1st investment?

#28350
Mac Andrew
Participant

    Exploring the laundromat business post-retirement is exciting! With your background, you have a solid foundation for this venture. Purchasing an existing laundromat offers immediate cash flow and a customer base, though it may come with existing challenges. Building a new one allows customization to market needs but requires more effort in establishment and customer acquisition.

    Regardless of your choice, consider adding a Wash And Fold Laundry. It’s a popular, convenient feature that can significantly boost revenue. Thorough market analysis and maybe advice from industry experts could also be beneficial. Good luck with your new venture!