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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, pandemic-proof, year-round revenue drivers. In 2025, the nation's laundromats are expected to generate between $5 billion and $6.8 billion in revenue. Additionally, 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
Repeat Customers
Steady Income
Incredible Work-Life Flexibility
Year-Round Demand
No Receivables or Inventory
Recession-Resistant
Expansion Opportunities
Easy To Operate & Maintain
Extra Service Possibilities
Limited Labor Costs
Unlimited Growth Potential
 Remote Operation
✔ 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!

Before we begin, it's important to understand the upfront investment necessary to begin a laundromat. Laundromat investors need to have at least $600,000 in liquid investment to begin in this lucrative field. It takes about $300 per sq. ft. to open a laundromat, and most average laundromats occupy between 2,000 and 5,000 sq. ft. If you're not outright purchasing your laundromat space and are looking at financing options instead, it is recommended you 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.

If this sounds like you, the next 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!

 

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Location & Hours

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Contact Coin-O-Matic's Laundromat Specialists

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Laundry Installation Services

As a laundry business owner, you know that providing quality customer service is essential to running an effective business; you also know that having the right...

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Opening a Coin Laundromat

Opening a coin laundromat is a major decision. Fortunately, the experienced team of laundromat investment professionals from Coin-O-Matic[/forms/contact-coin-o-matics-laundromat-investment-specialists/] is here to help. We want to take...

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Coin-O-Matic History

Coin-O-Matic's parent company, "Harry Miller Appliances", was founded by the late Harry Miller. Harry Miller founded the family business by selling washers and dryers door-to-door from...

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4 Reasons You Need a Community Laundry Room

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Laundromats

Opening a Laundromat in the Coin Laundry Industry The nation’s laundromats are projected to generate between $5 billion and $6.8 billion in revenue in 2025. For a...

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On-site laundry continues to be a sought-after amenity for those looking at renting an apartment or condominium. As a landlord or property manager, there are many...

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