Story
Star Laundry: 28-year-old who inherited a ~$120M commercial laundry
Sam profiles Star Laundry, a NY/NJ commercial laundry charging 30-45 cents per pound and doing an estimated $120M in sales. The founder's father started it and died; the kid dropped out of school at 28 to take it over and is now rumored to be selling.
“so they charge 30 to 45 cents per pound. I'm reading the notes now. Uh, it's guessed— the people guessed that they're around $120 million in sales. The way it works is what they do is they, uh, make deals with hotels.”
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