Why a Laundromat is a Smart Business Investment
There has never been a better time to be a laundromat owner! Laundromats are well-known to be recession-proof, year-round revenue drivers, and have been an incredibly important essential business throughout the COVID-19 pandemic. The laundromat industry is a five billion dollar industry and they offer a higher success rate than most alternative investment opportunities. If you’ve been thinking about a new laundromat, or scaling your current business and adding more laundromat locations, the team at Coin-O-Matic has you covered.
Benefits of Laundromat Ownership
✔ High ROI & Success Rates
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✔ Repeat Customers
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✔ Steady Income
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✔ Incredible Work-Life Flexibility
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✔ Year-Round Demand
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✔ No Receivables or Inventory
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✔ Recession-Resistant
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✔ Expansion Opportunities
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✔ Easy To Operate & Maintain
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✔ Extra Service Possibilities
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✔ Limited Labor Costs
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✔ Unlimited Growth Potential
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✔ Remote Operation
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✔ Depreciation Tax Benefits |
Is The Coin Laundry Business Right For You?
If you’re ready to take the next step in the laundry business, Coin-O-Matic is here to help!
The first step is to find a location for your laundromat. If you’ve already got a real estate listing in mind, we provide laundromat location feasibility studies to help you determine whether or not it will be a successful laundromat spot. With a location secured, it’s time to start thinking about commercial laundry equipment and your layout! We’ve helped to build hundreds of laundromats, and the equipment, layout, and design of your store are all vital to your ongoing success. You’ll also need to think about financing so that you can maximize your cash flow at startup.
Contact Coin-O-Matic's Laundromat Investment Specialists today! We can’t wait to learn more about you and your business goals to help you get started!