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Coin Laundry Insider Tip!

 

Topic: Common mistakes 

made by 1st time coin laundromat investors!

 

f  Under or over estimating

your forecasted financials.

 

f  Under capitalizing.

 

f  Lacking the operational 

     experience.

 

f  Choosing a poor location.

 

f  Not including your risk 

     factors into your coin 

    laundromat business plan.

 

 

 

 

 

 

 
 

 

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COIN LAUNDRY BUSINESS PLAN & STARTUP GUIDE

 

The Coin Laundry Business is booming right now - with little or no employees needed to hire - and with a very pleasing net profit available for you as the owner.

 

With every Coin Laundromat Business venture - obtaining financing is the number one issue, but if you have a strong Coin Laundry Business Plan, you will be able to 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.

 

Now is your best time to start!

 

Product: Coin Laundry Business Plan 

Format:  Paperback

Avg. Customer Review: s

Published: September 2008 Revised

Coin Laundry Business Plan:  $39.95

    
Free coin laundry business plan cd with every order purchased!
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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

 

 

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Coin Laundry Business Plan Guided Tour:

 

Take our "Coin Laundry Business Plan Guided Tour" below to learn more about the: 

Coin Laundry Business Plan Book.

      

 

Guided Tour

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Customer Reviews:

 

 

I learnt about the laundromat business, opening a laundromat, starting a laundromat, buying a laundromat, coin laundry associations and different resources available, laundromat equipment, laundromat profits, laundromat financing, and what crucial laundromat information I must include in my laundromat business plan.

- Chester, Brooklyn

 

Writing a convincing Coin Laundry Business Plan is a great business planning resource. 

- Harcourt, New Jersey

 

The coin laundry business book helped me understand how to start a laundromat, how to open a laundromat, laundromat financials, and profit margins, laundromat start up expenses, and also was able to use their coin laundry business plan for my business.  

- David, Detroit

 

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