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Key Statistics Laundromat Investors should know!

Laundromat Investors

Key Statistics Laundromat Investors should know!

Investing in your own laundromat business is a big decision. Like any potential businesses investor, you’ve probably started researching the ins and outs of the industry. However, with all the information available, it can be hard to know where to turn or who to trust. If you’re considering investing in a laundry business, here are some key laundromat industry statistics you should know: Industry overview There are currently about 35,000 laundromats nationwide. Laundromats generate about $5 billion in combined nationwide gross annual revenue. Coin laundries can range in market value from $50,000 to more than $1 million. Coin laundries generate cash...

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