How big is the average laundromat facility?



How big is the average laundromat facility?

The average laundromat facility is 2,170 square feet, but businesses range from 1,000 to 5,000 square feet. Laundromats are typically open between 6 a.m. and 11 p.m., while some choose a 24-hour model.

How much does it cost to start a laundromat?

70% of laundromats have two employees or less. There are no major laundromat chains or franchises. About 36% of laundromat investors consider their store a part-time job, while 63% consider it a full-time job. Start-up cost range between $100,000 and $300,000.

Is buying a laundromat a good business investment?

Buying a laundromat may be one of the best small-business investments a new business owner can make, for many reasons. 1. High Success Rates A recent Gallup poll found that 66% of potential entrepreneurs are held back by the fear of business failure.

How much Roi do laundromats make?

Laundromat businesses average between 20-35% ROI. The average laundromat facility is 2,170 square feet, but businesses range from 1,000 to 5,000 square feet. Laundromats are typically open between 6 a.m. and 11 p.m., while some choose a 24-hour model. 70% of laundromats have two employees or less. There are no major laundromat chains or franchises.