Part 4/8:
Female Beauty Services: Offering services like haircuts and manicures, beauty businesses thrive regardless of economic conditions. They can amplify profits with gross margins of 40% to 50%.
Car Washes: With cleanliness being a constant consumer priority, car washes continue to experience demand. Their comparative low-overhead operations yield gross margins exceeding 60%.
Laundromats and Dry Cleaning: Essential for those without in-unit machines, laundromats enjoy stable demand. Added services like wash-and-fold can drive margins between 30% to 50%.
Property Management: As real estate market trends rise, so does the need for property management services. These businesses typically involve recurring revenue and yield margins up to 50%.