GENERAL FACTS/CHARACTERISTICS OF A COIN-LAUNDRY

  • Coin Laundries range in market value from $50,000.00 to more than $1million,
    and can generate cash flow between $15,000 and $200,000per year.
  • 35,000 stores in the United States
  • Industry continues to grow after 65 years
  • Annual sales volume of more than $5 billion
  • Business hours typically run from 6am-10pm.
  • 1,000-5,000 sq. feet. The average store is around 2,300 sq. feet
  • Generally occupy a retail space on a long term leases
    (10-25years).
  • Generate steady cash flow over the life of the lease.
  • No inventory or receivables
  • Provide a basic necessity in a recession-resistant business
  • Demand for service on a weekly, repetitive basis
  • Customers provide primary labor
  • Simple to operate in comparison to other small business endeavors
  • Good cash-flow and Return-on-Investment in comparison to other              
    small business endeavors and other investment options
    (equity markets, real estate, franchises)