Modern laundromat in underserved areas
Build brand-new laundromats from scratch in areas with clusters of old 'zombie' laundromats that haven't been updated in 20-30 years. Use Google Maps to find clusters of outdated competitors within a 1-mile radius, then analyze demographics, apartment complexes without on-site laundry, and population density. Average revenue per location is around $785K/year with 50% NOI margins. Marketing is minimal - just a press release, community opening event, and some Facebook ads.
Startup Budget
$200K – $1000K
Difficulty
Advanced
Business Type
Offline
Location
Urban
Time Commitment
Full-time
Revenue Potential
$65000/month
Skills Needed
Watch the Full Breakdown
Watch on YouTube — Chris Koerner
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