AI Summary

At a 2023 Christmas dinner, 25‑year‑old Ireland McCaughey and her partner Ben Razin recognized a market gap as owners of traditional “boring” businesses such as car washes, laundromats and parking lots were aging out and looking to sell. They decided to target these overlooked assets, seeing an opportunity to acquire and revitalize them despite most peers ignoring such industries. The founders plan to focus on a Brooklyn laundromat as their first venture, betting on the potential of these under‑served sectors.

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