Contact Coin-O-Matic's Laundromat Investment Specialists

Servicing customers throughout Illinois, Indiana, Michigan, and Wisconsin.

Intrigued by the possibility of a cash or card business with no accounts receivable and very few accounts payable? Then, venturing into the laundromat business may be for you! But, before we get too far, do you understand the upfront investment necessary to begin?

Potential laundromat investors should have at least $600,000 in liquid investment, assuming most laundromats occupy a space of 2,000 to 5,000 sq. ft. and require about $300 per sq. ft. to get started. If not outright purchasing your space and looking at financing options, it is wise to have 25%-40% of the purchase price in down payment and at least 3 months of operating expenses in hand at the time of purchase. That's a pretty hefty upfront commitment, but if you have the funds to begin, laundromats typically begin to see returns in 1-2 years.

If you're ready to take the next step, our laundromat Investment Specialists have the experience to help guide your venture into the laundromat business. We understand the risks of business ventures and work hard to provide our clients with the best return on investment. Please call (708) 371-9595, visit our showroom or submit the form below.

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