Owning a laundromat is a great investment opportunity for those who are considering retiring soon. It's a low labor business that is essentially recession proof.
Even more, getting this type of company up and running is easy and cost-efficient. Are tired of researching Electrolux dealers in Raleigh, NC? Why not consider switching to Speed Queen or Continental dealers instead? Companies like T & L can save you time and money.
How Laundromat Investing Helps Retirement Funding
It's a great way to generate income, work less and have a simple business process that allows you to be your own boss. Self-service laundromats are always going to be needed because people must wash and dry their clothing. If they can't do it at home, they have to find somewhere else to do it. Why not open a business that invites them to use state-of-the-art machines within your laundry service?
Laundromats, in general, are over the 4 billion dollar mark for sales. More than 40,000 of them are open for business around the U.S.
Depending on which company you work with to get started, this business venture can cost between $200 and $300 per square foot. Of course, location also factors into how much it might cost to open a laundromat.
You might be wondering how much income you could expect to earn with a laundromat. Again, that depends on the location but you can expect a range of anywhere between $1500-$8500 per week.
Below, you'll find several more benefits for those who are heading towards retirement and thinking of opening their own laundromat.
- Substantial return on investment
- Recession proof
- Minimal labor cost
- Mostly cash business
- Little to no staff
- Stable customer base with repeat customers
- Manage remotely
- Quick and easy business model
- Available financing for business and equipment needed
- Maximized profits
- Texted vantages
- Low start up costs
Thinking of opening your very own laundromat? If so, we have good news for you! T & L offers the best financing on the market! You'll be happy to learn more about our options. Depending on your needs, we can offer you various financing plans. When you're looking for a great equipment company to work with, make T & L your first choice. You'll save money and time with us.
With fixed rates and various financing programs, you'll be happy you chose to work with T & L! Start your dream now. Contact us for more information.
Stop Searching for Electrolux Dealers in Raleigh, NC
If you're frustrated from searching for Electrolux dealers in Raleigh, NC, give our Speed Queen and Continental dealer a try. T & L has been in operation for 40 years. Within that time, we've worked hard to offer the best machines for the best prices. We believe in our products and are excited to share them with you. The benefits you’ll gain from trusting our washers and dryers are incomparable. Our products offer the following advantages:
- Easy to install and use
- Saves washing and drying time
- Saves money
- Saves energy
- Easy to clean
- Comes in a variety of sizes and capacities
From replacing old units to helping you build a new facility, our years of experience and knowledge can help you make the right choice for your business. Our solutions are customized based on your business’ needs. We strive to provide excellent service and support in the commercial laundry industry. Give us a call today to learn more about the best equipment we have offer.
