Question: How much do coin laundry owners make?

There are currently about 35,000 laundromats nationwide. Laundromats generate about $5 billion in combined nationwide gross annual revenue. Coin laundries can range in market value from $50,000 to more than $1 million. Coin laundries generate cash flow between $15,000 and $300,000 per year.

How much can you make from owning a laundromat?

According to the Coin Laundry Association, the cash flow of laundromats is typically in the range of $15,000 and $300,000 per year. To maximize your businesss profitability, carefully consider the aspects above and create a smart business model. With hard work and prudent planning, youre sure to find success.

Are laundromats still a good business?

The high rate of success, excellent ROI, flexibility, scalability, and easy-to-manage cash flow make laundromats a smart choice for new and experienced small business investors.

Is it worth it to open a laundromat?

The high rate of success, excellent ROI, flexibility, scalability, and easy-to-manage cash flow make laundromats a smart choice for new and experienced small business investors.

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