Home   /   Laundromats   /   Benefits of Laundromat Ownership

Search Results

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!

 

Results for ""

How Coin-O-Matic Stands Out From Competitors

Let’s be honest. If you’re looking for the best in industrial laundry equipment for your on-premise laundry facility or laundromat in northern Illinois or northwest Indiana...

Read more about "How Coin-O-Matic Stands Out From Competitors"...

5 Tips for Upgrading Your Laundromat

Brian Grell, a Coin Laundry Association Board Member, estimates that 70-80% of laundromats are operating below their potential. With such a competitive market, how do laundry...

Read more about "5 Tips for Upgrading Your Laundromat"...

Safety Tips for Laundromat Owners

Like any business, laundromats can be a target for crime. Safety should always be the top priority for laundromat owners and investors, so here are a...

Read more about "Safety Tips for Laundromat Owners"...

The Importance of Location in the Laundromat Business

Being a part of the coin laundry industry goes beyond just having the best commercial laundry equipment. A laundromat is a large investment, requiring many important...

Read more about "The Importance of Location in the Laundromat Business"...

5 Ways to Encourage Customer Loyalty at Your Laundromat

There are currently about 29,500 coin laundries in the United States and that number continues to grow. With so many options, customers can have their pick...

Read more about "5 Ways to Encourage Customer Loyalty at Your Laundromat"...

Reducing Injuries at Your Laundromat

There are more than 37 million injury-related emergency room visits per year, according to the Centers for Disease Control and Prevention. As a business owner, you...

Read more about "Reducing Injuries at Your Laundromat"...

How to Host a Successful Laundromat Grand Opening Event

After months of planning, prioritizing, and purchasing, you’re finally ready to open your laundromat. Congratulations! Now what? You already know you have a great facility with...

Read more about "How to Host a Successful Laundromat Grand Opening Event "...

Advice for Responding to Negative Online Reviews about Your Laundromat

Advice for Responding to Negative Online Reviews about Your Laundromat Although you work hard to offer an exceptional laundry experience for your laundromat patrons, you can’t...

Read more about "Advice for Responding to Negative Online Reviews about Your Laundromat"...

Grow Your Laundromat Business by Serving Your Community

There’s no doubt laundromats are closely tied to the communities they serve. In fact, more than 80% of your clientele likely live within one mile of...

Read more about "Grow Your Laundromat Business by Serving Your Community"...

< Previous 1 ... 27 28 29 30 31 ... 362