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What are the Top 9 Advantages to Owning a Coin Laundry?

1. Absentee Ownership

Typically, the owner of the coin laundry does not have to run the store themselves. The owner of a coin laundry should be responsible for all administrative duties, collecting money, and minor repairs.

2. Less Work

It is not labor intensive- let the machines do all the work.

3. Not a Sales Position

There is no personal selling involved and no perishable inventory to stock. Vending soap can last in your storage room for years.

Laundromat machines

4. Recession-Resistant

A coin laundry provides a service that is recession resistant because clean clothes are a daily necessity.

5. Pre-Paid Service

Customers pay in advance with cash (no accounts receivable or bills to collect).

6. Clean Clothes Never Go Out of Style

Coin laundry is an established industry – it has been around for many years and is not a fad.

Pre-paid coin laundry

7. Consistent Income

There are only slight fluctuations in business of about 10-20% depending on the location.

8. Few or No Employees Needed

Self-service coin laundries require an employee to stop in a few times a day to clean. If your coin Laundry has a wash and fold service, one employee can attend the store.

9. Easy-to-Run

No special skills, training, higher education degrees, or experience necessary. Mechanical skills are helpful, but not necessary. Many of the manufacturers and local distributors offer training and support.

folding clothes