How Do You Invest in a Laundromat?

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Laundromats Overview

  • Laundromats range in value from $50,000 to over $1 million, generating $15,000 to $300,000 per year.
  • The Coin Laundry Association states cash flow is $15,000 to $300,000 yearly.
  • Laundromats make about $5 billion in nationwide gross yearly revenue.
  • Laundromats have returns over 33% and are expanding by 9.4% yearly.

Business Model and Management

  • Laundromats automate, customers provide labor, reducing employee costs.
  • Proper marketing is vital to attract and retain customers.

Industry Insights

  • Industry overview shows 35,000 laundromats nationwide, generating $5 billion combined gross yearly revenue.
  • The global market reaches $365 billion by 2026, rising at 3.5% yearly.

Profitability and Investment

  • Laundromats have 20-35% cash-on-cash ROI, higher than most investments.
  • They offer flexibility and low labor costs, making them profitable investments.

Is Investing in a Laundromat Worth It?

  • Laundromats tend to be profitable businesses with low fees and minimal labor costs.
  • Most laundromats are valued at $50,000 to $1 million, with net earnings ranging from $15,000 to $300,000 annually.

Investment Requirements

  • Laundromats range in value from $50,000 to over $1 million, generating $15,000 to $300,000 per year.
  • Controlling costs can lead to healthy profits with average laundromats bringing in $300,000 yearly.

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