Why invest in Laundromat
Why smart investor like to Invest in a Laundromat?
Can operate 24/7-365 days
Can be side business
Low man power
Stability and flexibility
Cash-on-cash ROI up to 35%
A Sound Investment
Laundromats in the region see an average cash-on-cash ROI of 20-35%—much higher than most alternative investments. And when you factor the flexibility and low labour costs, laundromats just make sense.
All the benefits of a profitable investment without all the risks.
An average cash-on-cash ROI of up to 35% is both impressive and advantageous when compared to other investments.
Enjoy the flexibility of running your laundromat the way that fits your lifestyle.
Your machines do the work so you don’t have to. In fact, 70% of laundromat investors have 0-3 employees.
In many countries, you can write off equipment purchases and claim equipment depreciation as a loss on your taxes.
*Consult your tax advisor to see what tax advantages you are eligible for.
Customers pay up front using cash, coin or the Speed Queen app, meaning laundromats don’t incur the cost, time and hassle of many other investments’ accounting requirements.
Compared to other investments like car washes, convenience stores and self-storage laundromats just make sense.
Why laundromats are popping out in every country for investments?
- Apartments are built smaller in size, no place to keep washer and dryer.
- Drying of clothes is an issue especially in tropical climate during rainy season, take longer time to dry.
- Hiring a maid is getting costly.
- Both parents working long hours, by the time they got back home, tired to do laundry.
- Laundromat just take 1 hour to wash and dry your cloths.
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.