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How to Start Laundromat Business
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[QUOTE="Mika, post: 262363, member: 29399"] Laundromat is a business that I have been thinking about for a long time. I live in a dense neighbourhood, most of the people in this neighbourhood were working people, therefore, they don’t have time for doing their own laundry. A large percentage of people are also renters and they don’t have washing machines in their home. However, there are no Laundromat in the neighbourhood. The nearest Laundromat is about 15 kilometres car drive. Therefore, I see great potential for this business, however, the only issue I have is investment. The start-up cost for Laundromat is very high as you need to buy a lot of washing machines. The running cost is also high as you will have to pay a lot of electricity bills and water bills. I might be able to generate enough to pay for running cost or even make some profits, however, it might take a couple of years before I can recover my investment. [/QUOTE]
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