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It’s hard to find businesses that consistently generate profit margins in excess of 20%. One such asset class most investors don’t think about is laundromats, but they’re everywhere and simple businesses to run. Over the past couple years, Real Estate investors, in addition to others, have entered the laundromat space because of the strong cash flow and the ability to dramatically increase revenue by adding value. For starters, most laundromats lack the simple technological advances that make these facilities way easier to run and way more profitable. Jordan Berry, Owner of Laundromat Resource, has successfully operated numerous laundromats in Southern California and is now creating a fund that investors can passively invest in.
