The Business
Laundromats are classic cashflow businesses with repeat, captive customers. A 20-machine laundromat in a dense urban area can generate $15,000-25,000/month. Key metrics: average turns per machine per day (target 5+), wash price ($2.50-5.00 per cycle), and utility costs (40-50% of revenue). Multi-family housing neighborhoods with small apartments are ideal locations.
How to Start
Buy an existing laundromat rather than building — established locations have proven demand. Look for tired machines that need replacing (you can negotiate lower purchase price, then reinvest in new equipment). Install a WDF (wash-dry-fold) service to add 20-40% revenue without adding equipment.
Equipment Needed
- ▸Washers and dryers
- ▸Payment systems
- ▸Security cameras
- ▸Water heater and utilities
Licensing
Business license + utility connections
Monthly Search Volume
Form your LLC and protect your assets. Start operating legally in days.
FORM YOUR LLC — ZENBUSINESSTRACK RENTALS — STESSA (FREE)Affiliate links · We may earn a commission
Revenue Calculator
“Laundromats are boring businesses that reliably throw off cash. The failure rate is under 5% — lower than almost any other retail concept. Modernize the payment systems (credit card readers, app payment) and watch revenue jump 20–30%.”
Want to buy a Coin Laundry / Laundromat instead of starting one?
Skip the startup grind. Existing businesses come with customers, cash flow, and proven systems. Use our valuation calculator to see what you'd pay.
Tools we'd use if we were starting this business today. Affiliate links — we may earn a small commission.
Form an LLC for your property business. Separate personal liability from your investments.
START YOUR LLC →Invoice tenants, track maintenance costs, and report to your accountant automatically.
START FREE TRIAL →Free property income and expense tracking. Built for landlords, not accountants.
USE STESSA FREE →Landlord insurance and property liability — protect your investment, not just your income.
GET INSURED →