Working With The Experts Leads To Success Though many investments have suffered in our down economy, coin and card laundry businesses have been booming — they’ve grown to a $5 billion-a-year business in North America. Investors see a large profit in this easy-to-operate business. When the learning curve is attained, laundromats are one of the easier businesses to operate.
It is one of the few businesses that can actually do better in a recession. Anyone can operate A laundromat, IF you take the time to decide many important factors, to best meet your objectives:
HERE'S AN EXAMPLE
- Having “good” information on an existing store. We aren’t brokers of different type of businesses. We focus on important information and do our best to verify- unlike some “sell-anything” brokers.
- Analyze Demographics
- Analyze the competition
- Finding the right location
- Small vs. Large
- Coin vs. Card
- 24 hr vs. limited hours
Most Laundromats have at least a 75% contribution margin. This means that roughly 75 cents of every dollar over break-even is profit. This is outstanding, but you have to get to break-even first. We will tell you what that number really is from our research and how to get there.
Learn how from the real experts – The Laundromat Guys.