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Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1610 |
Essay's paper body
Census.- The secondary customer base consists of the nonrental population, which uses coin laundries only occasionally
- coin laundry industry is approximately 60 years old
- 35,000 coin laundries in the United States ( not including the apartment laundry)
- generating nearly $5 billion in gross revenue annually...
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During periods of recession, when home ownership decreases, the self-service laundry market expands as more people are unable to afford to repair, replace or purchase new washers and dryers, or as they move to apartment housing with inadequate or nonexistent laundry facilities. The market size grows proportionately to the increase in population...
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General points of the essay
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