The first thing potential investors often want to know is: Can operating laundromats be profitable? When it comes to a coin-operated laundry business, the answer to that question is a resounding “yes.” In fact, laundromats in the United States see an average ROI of 20 to 35 percentmdash;much higher than most alternative small business investment opportunities.
Why Invest in Laundromats?
Many laundromat owners report benefits such as:
- Modest costs
- Ease of an all-cash business
- Recession resist cash flow
- Unbelivable support from Speed Queen
- Consideration from Speed Queen Financial Services
There truly is no business like the coin-operated laundromat business.