Buying a Launderette

[n5gooner]

Hiya,

Well gooner enterprises is looking to buy one or two Launderette, has anyone any experience or advice....good or bad....

[minestrone]

[MarillionFan]

I've got something on this somewhere. I'll have a look.

[Paddy]

Hiya,

Well gooner enterprises is looking to buy one or two Launderette, has anyone any experience or advice....good or bad....

They no longer make a profit unless you sell additional services such as food and coffee.

[n5gooner]

I personally know the owners of three, and they all turn a profit, without selling additional services, except for service washes.

I think there is still profit to be made, but its all about due diligence...

[MrMark]

Buy the shop next door, rent it out to barbers...no idea if that would make enough money for you, but it solves a problem

[MarillionFan]

I personally know the owners of three, and they all turn a profit, without selling additional services, except for service washes.

I think there is still profit to be made, but its all about due diligence...

It very much depends on the cost of the property you're buying. Can't seem to find it. I had a business model for one somewhere (for some unknown reason!)

[n5gooner]

It very much depends on the cost of the property you're buying. Can't seem to find it. I had a business model for one somewhere (for some unknown reason!)

doesn't surprise me (the business model part...)

[Troll]

Fine if you use it as a front for more lucrative:

• Money laundering (sic)
• Ladies of the night
• Illegal substance dealing

type operations

HTH

[MarillionFan]

doesn't surprise me (the business model part...)

Just given me a good idea!!!!!!!!