From the article: Laundromats’ margins are further thinning as the price of water and sewage services have risen across the country. Utilities make up by far the heftiest of Lavanderia’s expenses, costing over $100,000 each year. Add to that the roughly $30,000 Tillman spends fixing his aging washers and dryers, and the laundromat is left with about $140,000 of profit each year, a number that continues to dwindle. Fo…
In the case of Lavanderia, since he is lucky to own the land, he is also mindful of the highest and best use of the land.