Why Invest in the Coin Laundry Business?

The Coin Laundry is an Established Business Concept

Everyone needs clean clothes. As one answer to this dilemma, the coin laundry or laundromat was born. Coin laundries have been in existence for approximately 60 years in the United States.* Laundromats enable renters, college students, travelers and families that don’t own their own laundry equipment a place to do their laundry themselves.

Today there are 25,000 to 30,000 laundromats operating in the United States for a total of nearly five billion dollars in annual revenue.*

Typically a coin laundry is not sold as a franchise but is owned and operated as a small business. Saving you money in the short and long term and allowing you control over your destiny.

The traditional coin laundry concept continues to be expanded and redefined. Now stores not only offer self service but may provide wash–dry and fold service where an attendant does your laundry for you, a coffee shop, dry cleaning, children’s play area and some even offer spa services.

To learn more read: A Coin Laundry is Not a Franchise, Why Invest in Owning a Coin Laundry