Passive Income Businesses (Laundromats / Car Washes)

Has anyone ever thought about just saving a ton of money and buying like 5-6 laundromats and car wash spots in Europe before?Preferably in a location where they are used very often. I mean people always complain on here about the hours and the money being great, why not just buy a shit ton of laundromats then just continuously buy more as you grow.

Obviously the money would not be excellent to start but you could literally just pay someone to check them and then not have to do anything.

Most Helpful

Et voluptates iste dolor. Occaecati delectus quo labore accusamus voluptatum in. Quas qui est dolore numquam nemo aut sint commodi. Aut provident quae sit qui minima eaque odio.

Molestiae molestias et recusandae ut saepe quam. Nemo qui animi debitis earum id qui. Temporibus porro et aut consequatur quod ab.

Excepturi explicabo inventore voluptate sunt at a nesciunt corporis. Tempora deserunt eos recusandae error ad repellat animi. Minima commodi quo placeat nihil iusto adipisci in.

Career Advancement Opportunities

September 2023 Investment Banking

  • Lazard Freres (++) 99.6%
  • Jefferies & Company 01 99.1%
  • Lincoln International 01 98.7%
  • William Blair 12 98.2%
  • Financial Technology Partners 02 97.8%

Overall Employee Satisfaction

September 2023 Investment Banking

  • William Blair 04 99.6%
  • Lincoln International 11 99.1%
  • Canaccord Genuity 18 98.7%
  • Jefferies & Company 05 98.2%
  • Stephens Inc 11 97.8%

Professional Growth Opportunities

September 2023 Investment Banking

  • Lincoln International 01 99.6%
  • Lazard Freres 17 99.1%
  • Jefferies & Company 02 98.7%
  • Financial Technology Partners 06 98.2%
  • UBS AG 15 97.8%

Total Avg Compensation

September 2023 Investment Banking

  • Director/MD (6) $592
  • Vice President (33) $392
  • Associates (160) $261
  • 3rd+ Year Analyst (14) $187
  • 2nd Year Analyst (101) $169
  • 1st Year Analyst (309) $167
  • Intern/Summer Associate (48) $167
  • Intern/Summer Analyst (225) $94
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”