Cryptocurrency Q&A
Do coin laundry make money?
Do coin laundry make money?
DigitalEagle
Sat Nov 09 2024
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6 answers
1088
I'm wondering if coin laundry businesses are profitable. I'm considering investing in one but want to know if they typically make money before I decide.
6 answers
charlotte_wright_coder
Mon Nov 11 2024
Investing in laundromats can be a highly lucrative venture.
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DiamondStorm
Mon Nov 11 2024
The average unleveraged return for a laundromat investment ranges between 20-30%.
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KimonoElegance
Mon Nov 11 2024
This return rate is significantly higher than that of traditional real estate investments.
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Elena
Mon Nov 11 2024
Real estate investments typically yield returns of 7-10%, making laundromats a more attractive option.
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Eleonora
Sun Nov 10 2024
The cash Flow generated by laundromats is consistent and reliable.
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