Laundry is set apart from other investment opportunities by a
singular advantage -- laundromats are a cash business. This means
that all payments are up-front and on the spot, with no accounts
receivable issues because owners don't have to wait for customers
to pay their bill. Plus, a coin-operated laundromat is the rare
business venture that is virtually recession proof. Laundry is a
necessity of life, and generally more protected from economic
downturns than other businesses.
An investment in a coin laundry averages about 30 percent return
on investment, and nearly 100 percent of laundries are successful
after five years. The income received from owning and operating a
laundromat is also more consistent from year-to-year, and offers
greater control against employee theft because the laundromat owner
controls the money collection.
Whether you are looking for a full-time investment opportunity,
a way to enhance retirement money or to earn an extra income,
owning and operating a laundromat is a great opportunity with a
strong return on investment.