Basic Facts and Figures

The self serve or vended laundromat is capable of a high cash for cash return on investment and fantastic profit margins beyond break even because of low variable costs.

The basic formula for starting a new vended laundry is an investment or down payment of roughly 30% of the total project cost and then the balance is financed over 5-9 years.  This down payment will be somewhere between $100,000 and $175,000 depending on the size of the store you are building and a number of other factors.  Each project is different and has different goals.

Stability and a steady return cause Laundromats to have long life cycles and to be anchor businesses in shopping centers and other locations.  The location will either be owned by the investor or more typically leased for 10 to 20 years.  

Depending on the manufacture, installation and usage rate commercial laundry equipment will typically last 10 to 20 years.  Once the note is paid off, the store is all yours and then the real money starts coming into the business. 

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