A self-service laundry is a unique type of enterprise with a unique set of requirements. Most other retail businesses are highly portable, requiring only a plain vanilla space with few specific mechanical alterations. A laundry, on the other hand, requires specific and costly mechanical accommodations, permits specific to the site and placement of costly equipment.
Therefore, a laundry's lease becomes a consideration of primary importance. This white paper explores some of the key elements that laundry owners must consider, both when entering a lease and managing the document throughout the life of the laundry.
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