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Laundromats are a highly lucrative and economically resilient business that remains profitable even during economic downturns.
“When the economy's down, they still got to wash their clothes. They may come, A little bit less often people are cutting your monthly subscription at the car wash, right? Like, yeah, it's probably one of the first things to go. People have to have clean clothes”
Chris Koerner on The Koerner Office Podcast · Aug 2024 · 1 episode · 13K views on this topicExtracted by a model; may misattribute who said what.