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Updated about 5 years ago on . Most recent reply
Anyone buying retail space with laundromats?
I was just curious if anyone else is buying retail space with laundromats. I'm a multi-laundromat and have greatly benefited from the cash flow laundromats can bring and the potential equity gains you can achieve by owning the real estate the laundromat is on. Anyone else going this route? I'd be curious to know how it's going for you.
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#2 Land & New Construction Contributor
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Originally posted by @Jordan Berry:
I was just curious if anyone else is buying retail space with laundromats. I'm a multi-laundromat and have greatly benefited from the cash flow laundromats can bring and the potential equity gains you can achieve by owning the real estate the laundromat is on. Anyone else going this route? I'd be curious to know how it's going for you.
I have owned buildings and strip centers with laundry and dry cleaning tenants but have never ventured into the business itself. I like them as tenants but would need more scale to own the business.