According to Morton Pollack , CEO of PWS , The Laundry Company and editor of the newsletter , "Historically , have been owners laundry a quiet group . They know a good thing , they have been quite reluctant . However, many now agree that it is time with regard paid to this powerful investment tool and we hope the survey will play a role . "
Coin Laundries traditionally been a very attractive investment yield strong returns regardless of the ups and downs of Wall Street and the economy. Deemed one of the top ten safest investments by the Small Business Administration and Dun and Bradstreet , neighborhood laundries provide a reliable running 20 to 30 % return on cash invested annually, according to the Coin Laundry Association.
" Today's modern laundries are all money , no inventory companies large tax benefits and require modest oversight ," said Morton Pollack . "We believe that they are the best part-time , investment portfolio are available and their future looks even brighter . Demography coin and card laundries serve are the fastest growing segments of the U.S. population . With so many proven benefits , we were not sure Laundry Center MarketWatch today must Card and Coin Laundries the Sexiest call or safest investment for 2005 so we are leaving it to the readers and the industry to vote for their choice via our free e - . mail newsletter " .
For more information about the laundry industry to learn, to get your free subscription to Laundry Center MarketWatch and to register on whether Coin laundries your vote to be named the Sexiest or safest investment for 2005, visit www . Laundrycenter.info or call 1877-45 LAUNDRY .
Ilene Fudim is a nationally recognized expert in the coin laundry industry and editor of the Laundry Center MarketWatch newsletter . She has been instrumental in helping launch many successful coin laundry business .
Coin Laundries traditionally been a very attractive investment yield strong returns regardless of the ups and downs of Wall Street and the economy. Deemed one of the top ten safest investments by the Small Business Administration and Dun and Bradstreet , neighborhood laundries provide a reliable running 20 to 30 % return on cash invested annually, according to the Coin Laundry Association.
" Today's modern laundries are all money , no inventory companies large tax benefits and require modest oversight ," said Morton Pollack . "We believe that they are the best part-time , investment portfolio are available and their future looks even brighter . Demography coin and card laundries serve are the fastest growing segments of the U.S. population . With so many proven benefits , we were not sure Laundry Center MarketWatch today must Card and Coin Laundries the Sexiest call or safest investment for 2005 so we are leaving it to the readers and the industry to vote for their choice via our free e - . mail newsletter " .
For more information about the laundry industry to learn, to get your free subscription to Laundry Center MarketWatch and to register on whether Coin laundries your vote to be named the Sexiest or safest investment for 2005, visit www . Laundrycenter.info or call 1877-45 LAUNDRY .
Ilene Fudim is a nationally recognized expert in the coin laundry industry and editor of the Laundry Center MarketWatch newsletter . She has been instrumental in helping launch many successful coin laundry business .
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