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Old 04-01-2007, 08:16 AM
squiffy squiffy is offline
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Join Date: Sep 2003
Posts: 1,206
Default Re: Brainstorm: Building a coin-op laundry route empire

Why would the apt. owner give you free utilities on 12 machines operating water and electric for as many people as you say, for as long as you say.

Until you know the percentage profit sharing the landlord will charge, you don't have full information.

Sounds like easy money. I guess CoinMach is a pretty lousy operation. If they were rational, according to your calculations, they should have bought and installed 12 new machines. Why pass up easy money?

At this rate, CoinMach will be out of business in no time, if they keep passing up profitable opportunities.

And you can steal all their contracts, by poaching on existing business arrangements.

If your calculations are correct, it's a walk in the park.
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