Are you an apartment building or multi-family housing facility owner looking for a smart and convenient way to increase your revenue, cash flow, and property value with a relatively low-maintenance business opportunity?
As a laundromat owner, it’s not unrealistic to expect returns upwards of 25 to 35 percent. Your profit, however, rests in the quality and performance of your machines, location, and marketing efforts, among other factors.
Whether you’re a laundromat owner or have multi-housing or on-premises laundry equipment, it’s important to keep your commercial laundry equipment up to date. Replacing old and outdated equipment with new machines provides many benefits, from increased end-user satisfaction to improving your bottom line.
Washers and dryers are the lifeblood of a laundromat business. The Coin Laundry Association (CLA) conducted a survey to discover laundromat owners’ attitudes, perceptions, and strategies with regard to the replacement of washers and dryers in their businesses.
Are you a building owner looking to create a new revenue stream for your apartment complex or multi-housing facility? If so, consider making a long-term investment in the property by offering on-site laundry.
Whether you currently own a laundromat, are looking to start a laundromat business, or own a multi-housing property, there is a payment option for you.
Looking for a reliable investment opportunity that’s easy to start, flexible, and cash-generating? Starting a laundromat business might be for you.