Tyler owns four laundromats in Ohio, pulling in a remarkable 40% profit margin. We discuss how he manages to balance running a wealth management firm and operating these highly profitable laundromats.

Can you get rich owning a laundromat? Laundromats: Are they profitable? ? It is extremely profitable to operate a laundromat. Laundromats are a great way to build passive income because they have low ...

The size of the laundromat, the required equipment and the complexity of the fit-out all factor into this. A small shop in an apartment building could cost up to $350K GST, while a larger shop with ...