Some laundry facility owners will buy their business actual property, and others will lease space Both have up-entrance prices, related to down payments or deposits. They even have recurring payments for monthly lease or a mortgage. If you intend to apply for a mortgage, you will have loan charges with closing costs as well. In addition to securing the space, you may also need to finish out the area with décor, connections for utilities and extra. The value can differ considerably based in your market and how large your facility is.
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