What kind of profits can a Coin Laundry Business make?
• If your annual gross income is about $1.2 million you can expect your expenses to be about $300,000. Your expense amount can run high or low it all depends on how you operate your Coin Laundry business. • Remember low expenses means a higher profit margin. 4. Coin Laundry – main operating expenses. • Rent • Gas • Sewer/Water • Electric • Trash Collection • Insurance • Personal Property Tax • Camera Security • Vending Expenses • Parts • Janitor/Attendants • Miscellaneous • Business Tax and License 5. How much can a Laundromat make? • A Laundromat’s profits will vary according to the location, traffic flow, management, price of wash/dry, and any other added ancillaries you might have in your Laundromat that can bring in added income for you. See below for some Laundromat (with just venue from washer and dryer sales) buying prices along with the monthly gross: Buying Price Monthly Gross • $89,000 $11,900 • $130,000 $15,000 • $248,000 $18,000 • $431,000 $18,600 • $590,000 $26,500 • $648,
