I don't know how it works in your city but in Montreal, for $40K you could probably get 2 small laundromats for $40K, each generating $1,500 to $2,500 per month before expenses. I doubt you'll get a bank business loan for this kind of business but you could always try getting a personal loan or credit margin...
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Originally Posted by stillsexy
Landromat sounds good to me... I wonder if I could borrow money from the bank to finance a landromat... trying to minimiz my cash outlay...
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