Coin Operated Laundromats Offer A Sustained Customer Base - Speed Queen

Coin Operated Laundromats Offer A Sustained Customer Base

The customer base for coin operated laundromats includes households that do not own their own washers and dryers, renters, college students, large families, travelers, as well as people who want to save time by doing all of their laundry at once or having items too large to launder at home.

Highly populated areas offer the highest demand for coin operated laundromats. Renters use coin operated laundromats the most. Based on the 2000 U.S. Census, the number of renters is projected to be the fastest growing segment of the population and offers the greatest opportunity for growth.

Another trend, the increasing number of two income households in the workforce, is providing additional opportunities for laundromats. Time starved couples and working mothers are looking for ways to conserve their most precious resource, time. Doing eight loads of laundry at home can consume over ten hours per week. In a laundromat, the task can be done in one hour. By utilizing the wash-dry and fold service for laundry or by doing laundry all at once, they save themselves substantial time. In fact, a recent survey by the Coin Laundry Association indicates that 68% of stores surveyed now offer wash-dry-fold service.

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