Buying a laundromat can be a stable "recession-proof" investment, but success depends on careful due diligence regarding equipment, location, and financial transparency. Use this checklist to evaluate a potential acquisition. 1. Financial Performance & Records
: Map out other laundromats within a 3–5 mile radius. Visit them to check their pricing, cleanliness, and "vibe." buying a laundromat checklist
: Inspect soap dispensers, change machines, and folding tables. 3. Location & Demographics Buying a laundromat can be a stable "recession-proof"
: The shop should be easily visible from the street with ample, convenient parking. Customers carrying heavy bags won't walk long distances. 4. Operations & Safety and "vibe." : Inspect soap dispensers