Is a Coin Laundry a Good Investment?
Yes, a professional self-service laundry is, and has historically been, a smart investment. Besides being an automated self-service business, which has no inventory or accounts receivable problems to worry about (you are paid up-front in cash), it’s a low labor, recession-resistant business that can provide a high return on investment. According to industry trade journals, the average return on investment of a coin laundry is approximately 48% on a cash investment. That means a cash investment in a coin laundry can be paid back in a remarkably short time. Additional services such as wash and fold, dry cleaning depot service and alterations / repairs can also generate additional revenue.
