While most small business owners have to put in a number of hours every week to earn a return on their investment, those who own
coin-operated laundries represent a segment of entrepreneurs who can be said to enjoy the benefits of 'absentee ownership.' But the prices for these businesses-also called "Laundromats"-- are higher in relation to gross revenues, compared to companies that require more owner involvement. Some ideas for the prospective laundromat buyer about what to pay, what to look for, and what to examine carefully are reviewed at
how to buy a coin laundry article just added to the
BizBen list of articles.
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