How Much Would It Cost To Open A Laundromat. How much can you potentially make owning a laundromat? The good news is, despite expenses, laundromat owners report an average of $5,000 to $7,000 of net profit each month.
, laundromats generate approximately $5 billion in annual gross revenue, and they produce between $15,000 and $300,000 in cash flow each year. Owning a laundry business can be a profitable venture. How much can you potentially make owning a laundromat?
According to entrepreneur.com the question ‘ how much does it cost to start a laundromat, could be answered based.
The list price is only one cost to factor into your acquisition, albeit the greatest cost. Businesses you buy in larger cities tend to cost more. However you will need some people to help you in the cleaning and operating of the laundromat. However, there are many variables that will determine the cost and the best way to determine those expenses would be to open a spreadsheet or take out a good old pen and paper.