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?
From my experience, buying an existing laundromat is usually the better move for a first investment. You walk into a setup that already has customers, cash flow, and hopefully a decent location. Starting from scratch can get expensive fast, especially once you factor in permits, equipment, and build-out costs. One thing to watch for is hidden maintenance issues—plumbing especially. I once had to deal with a major water issue, and I remember reading about similar frustrations over at https://american-leak-detection.pissedconsumer.com/review.html . Little things like that can become big headaches, so always do a deep inspection before signing anything.