How Much Money Does It Cost To Open A Laundromat. You can check these laundromat listings to find out if there are any for sale in your area. Estimated total cost of a laundry business accounting for all the expenses mentioned above, you’ll need more or less php900,000 to start a laundry business, including renovations.
Choosing the right machine for your laundromat is critical. To maximize your business’s profitability, carefully consider the aspects above and create a smart business model. Some laundromats make significantly less, however.
A laundromat must be able to accommodate a wide variety of machines to achieve the best possible customer service.
On the range, given by those who have gone through the path of owning and operating the business itself. Average profit margin is between 20% and 30%. Considering that the average household does eight loads of laundry per week, this amounts to about $41.68 per week to use the laundromat. Some laundromats make significantly less, however.