“ The reality is that fewer than 5% of current laundromats are actually operated as fully absentee. Keep in mind that someone ...

First-time investors can be drawn to the promise of being an “absentee owner,” imagining a steady stream of income without the headaches of daily operations. But reality often tells a different story.

CHICAGO — No matter how “good” things are looking in the self-service laundry industry these days, there’s always room for improvement, right? This month’s American Coin-Op Your Views survey asked our ...