![]() that way you only need to hire a cleaning crew to come in at night and someone to collect the coins and make sure the coin changer is stocked which I could do myself at this one near my house but might be tougher to find some trustworthy person to do it if I bought a remote laundromat. would a collection of laundromats in different locations throughout the country be more valuable than one single laundromat, so sniping random laundromats from bizbuysell and assembling a platform could lead to multiple expansion? there are a lot of random laundromats on bizbuysell, my intuition says that a rollup of laundromats conventional thinking would be that it would have to be regional but who knows maybe you could come up with a good setup to manage lots of small unattended laundromats in different areas throughout the country. could it be a good strategy to go out and snipe some small unattended laundromats, try and assemble a platform of them? how many laundromats would you have to snipe for the platform to be attractive to some some sort of small buyer? based on my research over the past two days I'm liking the idea of buying these small unattended laundromats and keeping the operation extremely simple, set auto unlock on the door for morning and auto lock for door at night, auto lights on in morning and auto lights off at night, no pick up and drop off service. could you execute a roll up strategy buying laundromats? there don't seem to be many synergies other than pricing power, if you could buy all of the laundromats in an area then you could raise the price at each laundromat and not lose customers, or not lose that many customers if you owned most of the laundromats in the area. spent the past two days reading laundromat forums and stuff. You can claim as a loss on your annual taxes with your laundromat equipment depreciation, it creates additional opportunities to retain revenue.ĩ0% of the laundromat customers becomes regulars if the facility is well maintained and service is good.Anyone here ever look into buying a laundromat? there is one listed for sale on bizbuysell in my area for pretty cheap and going to reach out to the owner who listed it cause why not. ![]() 70% of laundromat investors and owners have about 0-2 employees only. Your machines do the work and you won’t need to hire a large amount of staff. New and innovative software system allows owners and investors to maximize profitability and flexibility. Some considers their laundromat store as a part-time job for extra income.Ĭustomers pay up-front that eliminates the cost and time in associating with tedious accounting responsibilities. Laundromat investors and owners can customize their schedule around their personal lives. If there were to be any fluctuations in the economy, it wouldn’t affect your business because clean clothes are necessities. ![]() In about three years, laundromat business in Malaysia can go up to 60% Return On Investment and about 20% within a year. Get a higher chances of success rate with WashStudio® Financial Services that is incomparable to other alternative investments. There are many laundromat competitors therefore, it is more highly recommended in franchising using loan from one of the top laundromat. Buying a laundromat isn’t as much of a good investment as franchising a laundromat.
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