Coin Laundry Business - Opportunity. Potential. Success.
There are thousands of businesses to choose from - everything from retail, wholesale, manufacturing, to service-oriented business. Why should the coin laundry industry be among your top choices?
Our industry is in the midst of an upswing: Many areas of the country are facing matured markets and tough competition, but the demand for quality coin-ops remains in much of the country. We are seeing a trend toward larger stores, and stores that provide additional services such as wash-dry-fold, dry-cleaning, tailoring, shoe repair, and other laundry-related services. New laundries are expanding services even further by offering a variety of "extras" such as tanning beds, videotape rentals, mailbox rentals, concessions, restaurants, convenience stores exercise equipment, children's play areas, TV lounges, shipping services, faxing, photocopying, and dozens more ancillary services.Coin laundries offer long-term investment value: Coin laundries with proven track records are sold with relative ease and at top dollar. If you've run a profitable, successful laundry, and if five years later you choose to sell, you may expect to find a buyer quickly and, in most cases, command a much higher price than you paid to start up your business. In many cases stores pay for themselves in only a few years, leaving you with a "nest egg" which may be a far better investment than the conventional savings account, money market, or mutual fund.
The coin laundry industry is stronger than ever, and industry leaders are optimistic for future growth.
