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The Key To Successful Laundry Investment
Coin laundries pay off with a return on Investment of 20 to 30% year in and year out. According to industry expert, Mort Pollack, whether you are considering a new or existing store, choosing the right location is an art that will ultimately dictate your success level. Mort Pollack is the editor of Laundry Center MarketWatch and CEO of PWS, the Laundry Company. As one of the visionaries who began the coin laundry industry and who helps shape its future, he is a recognized expert in his multi-billion dollar industry and has major tips to share. “Whether you are considering building a new store or buying existing one, experience has taught me that there are five major elements that must be addressed when it comes to choosing a highly profitable location,” says Pollack.
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