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How to Make BIG MONEY From Boring Businesses | Brandon Schlichter Investment Joy

The Money Podcast

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How Much Money Should You Pay for a Laundromat or Car Wash?

The average laundromat in the United States is trading for a 25% cash on cash return. So it should repay your initial investment off if it's pure cash within four years. If you go in with a loan, some sort of levered purchase, then it can be less than a four-year period.

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