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Is it more profitable to buy a ready-made laundry business or start from scratch
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So here’s the deal — I’ve been thinking about getting into the laundromat business for a while now. I’ve looked at a few listings for existing laundromats in my area, and some of them look like a decent opportunity, especially with the equipment already in place. But then again, I kind of like the idea of starting from scratch and building everything how I want it. My cousin went the “buy an existing business” route and had to deal with a ton of outdated machines and lease problems. Anyone here who has gone through either route and can share what ended up more profitable or less stressful in the long run?
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Honestly, I was in a similar spot about two years ago. I found a laundromat for sale that looked solid on paper, but after digging in, I realized the numbers didn’t add up. So I decided to start fresh — yeah, it was more work upfront, but I had full control. Still, either way you go, you’ll need some sort of loan for laundromat business, and that’s where research really helped me. This guide at /eboostpartners.com breaks it all down — from equipment costs to potential returns — and helped me pitch my plan to the bank. If you’re still unsure, check it out. It helped me decide what suited my situation best
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Just stumbled across this thread and it’s actually really interesting. I never thought laundromats could be such a debated topic in terms of whether to buy or build. I guess it depends on the market and how much you’re willing to be hands-on. I don’t run one myself, but I’ve seen a few local ones in my city change owners and always wondered what goes on behind the scenes. Good luck to anyone diving into it — seems like a solid, steady business if you do it right.