Long before the pandemic, laundromats had always been considered resistant to recessions and economic downturns. Because of their unique ability to stay profitable no matter what, this business has been dubbed as ‘essential.’Most of the allure of investing in laundromats is due to their impressive success rate of 94.8%, basic management structure, and cash-on-cash ROI of 20%–35%. So, putting it in a laundromat can make a lot of sense if you’ve been thinking about someplace to invest your money.