People always say mattress stores are shady and used for money laundering. Not totally sure I understand exactly what money laundering is. How would this occur at a mattress store?

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People always say mattress stores are shady and used for money laundering. Not totally sure I understand exactly what money laundering is. How would this occur at a mattress store?

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Anonymous 0 Comments

My parents sold mattresses for decades. I even worked for my parents at one point. They did not launder money or do anything illegal.

People are used to going to busy chain stores with very high volume sales (and low prices) and assume that a private business, with almost no foot traffic, can’t make a profit and must be a front for illegal activity. The reality is that the few customers who do make purchases spend enough to pay for the day’s expenses with some profit (usually). Some days, there will be zero customers so the business operated at a loss for that day. But the profit from other days makes up for these zero income days.

The reality for a lot of small retail businesses is that it’s really boring much of the time since it’s just time waiting for customers to come in. So if you were to take a snapshot randomly, the likelihood that you’ll see customers in the store is low. But when there are customers, they typically are there to buy something.

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