![]() ![]() There’s plenty of financing available to help with your purchaseĪs a result of these perks, 95% of laundromats are successful and commonly make between 20% and 30% ROI.They can be expanded to incorporate numerous other revenue streams.There are generally low overheads and can be run by one or two people. ![]() They require very little experience to run.Still, owning a laundromat can be a great investment for a number of reasons: Hospitals, hotels, and other commercial establishments may seek fast and hygienic solutions to their high laundry needs.Ĭhallenges faced in the industry often relate to the high maintenance cost of machinery that wears out over time, as well as the mechanics of coin-operated machines giving way to the convenience (and higher expense) of card-based or touchless machine operation. Increases in the working-class population contribute to a rise in both of these factors, and a growing number of industries using laundry is also creating demand. As traditional gender roles dissolve, laundry has become more of a burden with the increase of women entering the workforce, and the convenience of a laundromat service becomes appealing, especially in locations where residential space is limited and expensive. By 2027, it’s thought that the market size for coin-operated laundries will have grown at a CAGR of 9.4% to $30.1 billion.įactors that are affecting this growth are numerous. There are around 35,000 laundromats in the US, generating around $5 billion in gross revenue between them. Before we do that, let’s go over the industry as a whole and why so many people are interested in it. Here, we’re going to look at the process of purchasing a laundromat and point out the key considerations in doing so. While there’s plenty to consider when purchasing one, it should involve a lot less trouble than starting one from scratch, and there are countless funding options available. Ready for more flexibility and less worry? Come clean with WASH, and see how rewarding the laundromat business can be.If you’re looking to run a low-maintenance business with little experience that you can nurture into a more profitable venture even in your spare time, a laundromat might be the way forward. Our service contracts are customizable to your needs. If a machine needs repair or regular maintenance, our factory-trained technicians offer fast, best-in-class service to keep your investment up and running. We offer an extensive catalog of ancillary equipment for your laundry room including water heaters, laundry carts, change machines, folding tables, soap vendors - the works! ![]() When you purchase hard or soft mount coin-op washers and dryers directly from WASH, we can outfit your new commercial laundry equipment with your choice of coin-operated, card and/or mobile payment technology to optimize profitability. WASH can even connect you with a financing partner.Ĭontact a WASH representative today for a free consultation. If you need expert guidance with demographic information, room design, proformas,or competitive analysis, we’re here. You’ll have an industry leader on board for setup and design advice, equipment, supplies andĪnything WASH-room related to successfully launch your business. ![]() WASH knows laundry! With 70+ years of experience in the business, we’re the perfect partner for private laundromat entrepreneurs. ![]()
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