Why do laundromats fail?
This is $1 billion question, there are several reasons why laundromats fail. If you be able to come all of this problem you are going to make a lot of money. No matter in which country you live these problems are almost same so let's talk about all the problems because of which all laundromats fail.
1. Lack of trained labour staff.
2. Lack of training
3. Wrong calculations before starting a laundromat
4. Giving too many credits
5. Unable to tackle competition.
These are the five biggest reasons why I am a laundromat feel, there are also some reasons like when you don't know your target customer and you open your shop in a less productive zone.