Among all these businesses, I think laundromats are profitable. Most businesses fail due to poor marketing and mismanagement, but Laundromats require minimal marketing, and you don't need many employees—just someone to open and close the business.
Starting a Laundromat can be expensive, with costs ranging from $100,000 to $500,000 for washing machines and operational expenses like rent and utilities. It takes time to turn a profit, but this business is recession-resistant and relatively low risk.
Starting a Laundromat can be expensive, with costs ranging from $100,000 to $500,000 for washing machines and operational expenses like rent and utilities. It takes time to turn a profit, but this business is recession-resistant and relatively low risk.