Black-Owned Laundromats Making Big Profits Off Your Dirty Laundry

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 prevalent in the country’s inner cities, but African American entrepreneurs own very few laundromats.Currently, there are about 35,000 coin laundries in the United States, generating nearly $5 billion in…