Why smart investors like commercial laundry
Everyone needs clean clothes and linen. Laundry is a basic necessity. And there are many underserved markets – even in mature economies.
There are numerous ways to build and grow a laundry business, including:
- Multi-housing (route) laundry
- Commercial laundry
- Wet cleaning
For laundry owners and investors, that translates into attractive growth potential.
Laundry is a recession-resistant business that historically produces steady returns. Required investment and potential returns are easily calculated.
Vended laundry investing
Coin/card operated laundromats are consistent high-return investments. Laundromats in the U.S see an average ROI of 20-35%1 and many investors break even in as little as six months2.
A high quality public laundromat can experience high demand. Homeowners enjoy the superior results and even those with domestic appliances use our large-capacity machines for bulky items.
Many people turn to the affordable laundromat option during challenging economic times.
Multi-housing laundry investing
Multi-housing laundry (route laundry) is a community laundry room for residential developments like apartment blocks, housing estates, universities, barracks and dormitories.
Community laundry rooms offer many advantages. They make better use of space and resources, and help develop a sense of community. For property owners and laundry investors, they offer stable ongoing income. Multi-housing laundries have high potential all over the world.
1 How to Start a Coin-Operated Laundry (2008, January 31). Entrepreneur.com
2 According to the U.S.-based Coin Laundry Association. Results may vary.