Black-Owned Laundrymats Making Big Profits Off Your Dirty Laundry
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Currently, there are about 35,000 coin laundries in the United States, generating nearly $5 billion in gross revenue annually. This 70-year old business concept is especially popular in the country's inner cities, but very few laundrymats are owned by African American entrepreneurs.
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Darryl and Fylynne Crawford, owners of Kimbark Laundry in Chicago |
Currently, there are about 35,000 coin laundries in the United States, generating nearly $5 billion in gross revenue annually. This 70-year old business concept is especially popular in the country's inner cities, but very few laundrymats are owned by African American entrepreneurs.
Read more »
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