Invest In A Coin Laundry Business - A Great Stable Financial Investment

The coin laundry business is fairly recession proof and offers long term cash flow. People need to have clean clothes summer, fall, winter and spring. Demand within a coin laundry is relatively consistent.

Unlike many other businesses, self service laundries are a cash business.. They generally do not have accounts receivable, so owners aren’t waiting on others to pay their bills. Customers prepay for services and provide the labor. In essence, customers are paying you to rent your machines and use them.

Based on a survey done by the Coin Laundry Association, successful stores see a Return on Investment of 20 to 30%. Both Dun and Bradstreet and the Small Business Association have cited it as one of the 10 top safest business investments.

To learn more read: How Much Money Do I Need, A Coin Laundry Is Not a Franchise