Here are six businesses that have a historically low failure rate:

1. Laundromats: Laundromats have a success rate of around 94.8% over a five-year period. They are relatively simple to understand and operate, and people need to wash their clothes even during recessions.

2. Rental Property: Real estate, particularly rental properties, has an 85.3% success rate. Real estate investing offers a simple business model, monthly cash flow, potential appreciation, tax benefits, and the ability to leverage other people’s money. In an area like Carmel Valley in San Diego, where it is surrounded by numerous renowned employers, a rental property priced as high as $6,000 per month would typically be quickly rented out upon listing, often attracting a dozen offers.

3. Self-Storage Facilities: Self-storage facilities have a success rate of about 92%. These businesses have been resilient since 2008, with advances in technology allowing for remote management and automation. Value-add opportunities can further increase their efficiency and profitability.

4. Transportation Businesses: Last-mile delivery and transportation businesses have a success rate of approximately 76.4%. The rise of e-commerce and the gig economy has created a higher demand for goods transportation. Whether it’s long-haul trucking or short-distance delivery services like Uber, transportation businesses offer relatively low risk and scalability.

5. Online Businesses: Buying and operating online businesses, such as e-commerce stores or content websites, can be a low-risk venture. Success rates vary, but platforms like Flippa allow for easy acquisition and financing options. Online businesses offer immediate cash flow, scalability, and the potential for exponential growth.

6. Vending Machine Businesses: Vending machine businesses have a success rate of over 90%. With a relatively low initial investment, vending machines can be placed in high-traffic areas and generate passive income. They provide opportunities to learn about profit and loss, logistics, pricing, and inventory management.

While no business is completely immune to failure, these six industries have shown historically higher success rates compared to others. It is essential to thoroughly research and understand the specific requirements and nuances of each business before starting or acquiring.