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Subject:  Re: Laundromats Date:  12/12/2001  8:50 PM
Author:  EllenE Number:  194 of 220

Once while sitting in a laundromat I overheard the owner talking to another customer. He said he'd had horrible problems with people breaking into the change machine (and possible others). He said he had to stop by a couple times a day to empty it else he would lose too much money. It may not take much time, but it sounds like quite a commitment.

I'd also wonder about the costs--capital and maintenance. You'd have to either buy the entire business, or buy all the washers and dryers. Keep them running. Pay rent on the place. Have some sort of insurance. And probably some other costs I'm not considering.

A fellow in my former office was part owner of a batting cage. He'd gone into it to supplement his income. I guess it was quite lucrative, and since he had a partner, not as much a commitment.
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