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Coin-Op Laundry

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One of the most lucrative forms of local businesses. No matter what the economy is like, we all still have to wash our clothes. If the "cash cow" business model appeals to you, then you could start up your own coin operated laundry location with this startup guide.

Retail Price: $1,295
Your Price: $995

Description

Learn how to purchase the equipment, find the right location, establish your business and get the right employees. Everything you need is included in a step-by-step instructional guide from insurance to product and vending machines.

This concept is a great startup business model.

Startup Excerpt

The coin-operated laundry industry has undergone a revolution. No longer dingy, unsafe, boring places that customers must endure on a weekly basis, laundromats are becoming fun and attractive multiservice centers that customers enjoy visiting. “The industry is now getting a facelift,” says Brian Wallace, president and CEO of the Coin Laundry Association, a national association for self-service laundry owners. “There’s a trend toward coin laundries being more comfortable for the customer.” The newer laundries have snack bars, a place to leave off and pick up dry cleaning, and video games. Some of them don’t even use coins. Instead, customers use swipe cards that subtract the cost of the wash or dry, much like a phone card or debit card. Many laundry owners also employ attendants to keep an eye on the store and help customers use the equipment.

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