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Updated about 7 years ago, 10/25/2017

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717
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50
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Greg P.
  • Los Angeles, CA
50
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717
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Coin Operated Laundry or Car Wash? Question please.

Greg P.
  • Los Angeles, CA
Posted

Hello, I'm thinking about purchasing either a coin operated car wash or laundry with good financials. My concern is that they are harder to operate than it looks. The laundry mat is in a mid-low income neighborhood and the car wash is in a 10-15k population town. Owners gave 3 years tax returns and show a good income. Has anyone owned a coin operated business? Is it worth investing in or is it better sticking with real estate? Thanks.

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