COIN OP LAUNDROMATS DEFINED

A “Coin Laundry” or “Coin -Operated Laundromats” are retail, self service laundry facilities made available to the general public.  Coin -op laundries normally reside in retail spaces under long term leases and tend to generate consistent, highly lucrative monetary returns over time.  Laundromats are small businesses that offer the added benefit of having little to no inventory, account receivables or labor costs for the operator.  A cash business that is totally recession proof.

Why Work with us?

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  • Laundromat Specialist
  • Coverage Area: NY, NJ, DE, DC, MA, CT, PA, RI, MD
  • No Fees
  • Confidentiality
  • 20 Years Experience as Investor & Operator
  • No Obligations
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EXPLORING THE COIN OPERATED LAUNDROMAT SEGMENT

Most of us likely recognize the laundromat as not just a destination, but a depository for our hard earned quarters.  To witness such cavernous spaces chocked full of young and old spending copious amounts of money on the washing and drying of wardrobe, can make quite the impression....

The forward thinking might consider the inherently minimal operating expenses, save the occasional maintenance worker, and the few, if any, employees being required. 

​Indeed, this 5 billion dollar, combined, nationwide, annual gross revenue industry, with 35,000 active locations across the country, with almost a 95 percent success rate, is the very definition of a low-risk business model, one that is also a stand out example of a turn-key, virtually passive income earning business. 
  • Average ROI 20-35 percent
  • Average size of standard facility is 2,170 sq. ft. 
  • 70 percent of locations have 2 employees or less 
  • No chains or franchises
  • Typically open from 6am to 11pm 
  • 3rd most time consuming household activity
  • 60 percent female customers
  • 87 percent of customers live within a mile of facility
  • 90 percent of patrons become repeat customers
  • Every year, more than 500,000 businesses change hands
  • Low income renters are the primary users of coin laundries
Buy a Laundromat - Check Listings
Eric Feldman
Feldman Brokerage and Consulting, LLC.
Serving NY, NJ, CT, DE, PA, DC, MD, RI, MA
(732) 887-2821
​ericlaundrybiz@gmail.com
eric@feldmanbrokerage.com