Express Laundry Center
as a Business Investment
Clean clothes, like food, water and shelter are a basic human need. That’s why Express Laundry Centers are considered largely recession-proof. A carefully planned vended laundry investment brings multiple advantages to owners. An Express Laundry Center offers high-speed equipment, a customer-craved 60-minute wash/dry/fold, lower utility costs, higher profit potential, and marketing and management training and support. An Express Laundry Center – based on a proven business model – attracts and retains customers.
Return on Investment
Most often, vended laundries pay for themselves in only a few years and can be sold at top dollar, according to the Coin Laundry Association (CLA), a non-profit coin laundry trade association. An Express Laundry Center is designed to reach higher profits in part by lowering overhead costs and improving profit potential and customer turnover. Thus, they often are sold at higher value than other vended laundries. CLA research indicates that card and coin laundries typically sell for between three and seven times their net cash flow with average historic returns exceeding 40 percent.