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b

 

Coin Laundry Insider Tip!

 

Common mistakes 

made by 1st time coin laundromat investors!

 

Under or over estimating

your forecasted financials.

 

  Under capitalizing.

 

Lacking the operational 

     experience.

 

Choosing a poor location.

 

Not including your risk 

     factors into your coin 

    laundromat business plan.

 

 

 

 

 

  b

  

coin laundry business plan, how to start a coin laundry business plan

COIN LAUNDRY BUSINESS PLAN & STARTUP GUIDE

  • Product: Coin Laundry Business Plan 
  • Author: W.B. Hudson
  • Book Format: Paperback
  • Language: English
  • Content Pages: 132
  • Dimensions: 8.5 wide x 11 tall
  • Published: September 2008
  • Priority Shipping: 2 to 5 business days
  • Avg. Customer Review: s
  • Retail Price:  $49.95 $39.95
 
buy now
 

 

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A Quick Review:

The Coin Laundry Business is a recession proof business investment- with little or no employees needed to hire - and with a very pleasing laundromat business profit available for you as the owner.

With every Coin Laundromat Business venture - educating yourself on how to find, open, manage a Coin Laundry Business as well as obtaining laundromat financing are the key essentials to gaining financing fast, buying smart, suriving and succeeding,

Become an educated Coin Laundry Business Invester and learn the industry secrets and tips before making costly mistakes, impress the bank, a lender or even an investor to feel confident enough to invest their financial capital into your Coin Laundromat Business entrepreneurial dream. 

Attract Lenders, Investors and the Bank with our convincing Coin Laundromat Business Plan.

 

Buy Smart, Succeed and Survive.

Now is your best time to get a fresh start.

 

All the Coin Laundry information and questions you've been searching for in one Easy-to-Read Guide!
 
 

  Coin Laundry Industry Tips

For additional questions, The Coin Laundry Business  to become more informed and to purchase your coin laundry guide now click here to Order Now.

 

1.  A Coin Laundry owner's most common dilemmas are:

  • Finding honest and hard working employees

  • Taxes

  • Unruly Customers

  • Vandalism

  • Competition

  • Water and Electric bill

 

2. If you decide to hire employees - their job description will include:

  • Wipe down the outside and inside of the machines

  • Sweep and mop the floor

  • Wipe down the folding tables

  • Clean the lint out of the dryers

  • Wash the windows

  • Empty the trash

  • Take Wash and Fold orders

  • Fulfill Wash and Fold orders

  • Clean the soap dispensers 

  • Clean vending and video game machines

 

3. What kind of profits can a Coin Laundry Business make?

  • If your annual gross income is about $1.2 million you can expect your expenses to be about $300,000. Your expense amount can run high or low it all depends on how you operate your Coin Laundry business.

  • Remember low expenses means a higher profit margin.

 

4. Coin Laundry - main operating expenses.

  • Rent     

  • Gas      

  • Sewer/Water

  • Electric

  • Trash Collection

  • Insurance

  • Personal Property Tax

  • Camera Security

  • Vending Expenses

  • Parts

  • Janitor/Attendants

  • Miscellaneous

  • Business Tax and License

5. How much can a Laundromat make?

  • A Laundromat's profits will vary according to the location, traffic flow, management, price of wash/dry, and any other added ancillaries you might have in your Laundromat that can bring in added income for you. See below for some Laundromat (with just venue from washer and dryer sales) buying prices along with the monthly gross:

    Buying Price              Monthly Gross

  1. $89,000              $11,900

  2. $130,000            $15,000

  3. $248,000            $18,000

  4. $431,000            $18,600

  5. $590,000            $26,500

  6. $648,000            $32,000

  7. $750,000            $40,000

  8. $800,000            $45,000