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A Guide for Prospective Laundry Business Owners

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
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
 

 

How Much Money Does a Laundromat Make?

Owning a laundromat offers a combination of stability, flexibility, and profitability. Coin laundromats have a moderate capital requirement and deliver a high return on investment. When you open a laundromat, if you're running things properly, you can expect to make a  20-30% plus a return on your initial cash investment.*

*Coin-O-Matic Inc, is providing this information for the customer to consider. Coin-O-Matic disclaims and is not liable for any actual variation in the performance of the customer's location.  The customer, agents, affiliates, entities of any kind whatsoever, releases and holds harmless Coin-O-Matic for any information contained in any projections. This expressly means that the client will not use this as actual numbers but just use this as an estimate of potential sales or profitability.

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!