Owning a Laundromat
Small business entrepreneurs have long been attracted to the coin laundry business for good reason. It is estimated there are 35,000 coin laundromats in the U.S., generating approximately $5 billion dollars in gross revenue each year. A common industry refrain is that the coin laundry business is ‘recession proof’ since there will always be a need for clean laundry.
The key to successfully owning a coin op is choosing the right location, negotiating a manageable long-term lease, upgrading the space to attractive, safe, modern standards, installing efficient, state-of-the art coin operated washers and dryers, and marketing it effectively using social media. But that’s not all. You also have to offer the right mix of amenities and value added services in order to compete in a crowded marketplace. Our Laundry Specialists can help you get a headstart. Following are some profiles of successful coin laundry customers with whom we have worked.
If you were one of the many people watching the San Francisco Giants play the Los Angeles Dodgers at Dodger Stadium on TV last week, you might have seen a commercial for a Comcast’s XFINITY TV during the baseball game, featuring a cameo appearance of gleaming,... Read more
State-of-the-art Snohomish Laundry recently opened in the downtown historic district of Snohomish, Washington, garnering high praise from local customers. This brand new laundromat is actually the reincarnation of a laundry of the same name previously located in... Read more
In a legendary city like Las Vegas where fantastic sights and spectacles are the norm, coming up with new ideas to attract attention to your small business can be a challenge. For Leise and Bruce Gilliat, owners of a 6-store chain of local laundromats, called Las... Read more
After almost a year of searching for just the right laundromat, Ross Dodds and his partner, Russel Pinkard, finally managed to acquire Wash on Western in Hollywood, California in December 2014. Six days later, Dodds learned that the restaurant next door had caught... Read more
A common refrain in the coin operated laundry business is that it is “recession proof” – a perception that has long attracted entrepreneurs and investors. There will always be a need for clean clothes and linens which is why most laundromat owners agree that the... Read more
Ambrose, a two-year veteran of WSD, with substantial experience in the commercial laundry industry, was appointed to the Southern California Coin Laundry Association (SoCALCLA) Board, at its September 2016 monthly meeting, in recognition of his considerable knowledge,... Read more