Hey Community, I am looking into multiple businesses but one has stuck out and I am in the beginning phases of looking into a Dry Cleaning business. I know it isn't glamorous but they do have great profit margins with good cash flow.
Of course they took a HUGE hit in the pandemic and lifestyles have changed a lot with more people working from home, but I would love to hear anyone's feedback around these businesses.
Do you think they are truly a dying business? Do you think this business is only profitable if it is owner operated? What are things that someone would need to look out for when running a Dry Cleaner?
Thanks in advance,