10mo
Make money online: NO
Owning a laundromat can be a remote-friendly side hustle if you hire staff to manage daily operations. However, occasional in-person visits may be necessary for maintenance, repairs, or to address customer concerns. Setup costs range from $200,000 to $500,000, with a time to profit of 1 to 2 years. Online discussions suggest that managing a laundromat remotely is feasible with the right systems in place, but challenges may arise with equipment maintenance and customer service. Location can impact foot traffic and profitability, while time zone differences may affect communication with staff. Potential red flags include unexpected repair costs and the need for hands-on management during emergencies.
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