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Why should I invest in a Wascomat Coin Laundry and how much will I earn on my investment?
bulletA professional coin-operated or debit-card laundry is a smart investment, particularly in today's economy. You have no inventory and no accounts receivable to worry about. It's an all cash, self-service, low labor, recession-proof business with high return on investment. According to Coin Launderer and Cleaner, a leading trade magazine, the average return on investment of a commercial  laundry is 48.7%. That means on the average, your investment in a commercial laundry would be paid back in just over two years. Additional profitable services such as wash, dry and fold, and drop-off dry cleaning can be offered. Self-service commercial laundries have been a growth business in the 90's, and will continue to be an excellent, easy to manage business in the future. Important factors affecting the earnings potential of a modern commercial laundry are:
bulletLocation
bulletManagement
bullet Size of the store
bulletEquipment Mix
bulletAdvertising and Promotion
bulletProfessional Management.

Depending on these variables --especially size-- a commercial laundry can gross from $2,500 to $10,000 a week, or more. Each store is different, as is each owner, but these are certainly achievable returns. A C Power Company can assist you in analyzing the potential of specific locations.

What makes a good location for my Commercial Laundry?

Your business should be located in a high-traffic, densely populated, middle income area with parking. Coin laundries can also do well in middle-to-high income areas with condominiums, apartments and townhouses because many two income families find it more convenient to use the local commercial laundry with it's wash, dry and fold service. Furthermore, many young couples do not have the desire or capital to buy a washer or dryer, so they use commercial laundries.

Can A C POWER COMPANY help me find a good location?

Yes! Among the many services we provide is pre-qualified locations, store design, and equipment recommendations. We can also provide assistance in negotiating a good lease. We usually have locations that are in negotiation and/or in construction.

Does it take any special skills to own and operate a self-service coin laundry?

No. A coin laundry is a service business. No special skills are required. The most important factor in your success is you! The keys to a successful and profitable laundry are to create a friendly atmosphere which makes customers loyal patrons of your laundry; keep the store clean and brightly lit; and advertise and promote your store to your customers. A C Power Company will assist you in making your store successful, including assistance with marketing and promotion concepts. However, the most important skill is common sense, hard work, and business professionalism.

How much does it cost to build a commercial coin/debit laundry?

The cost depends on the location, size, equipment mix, and amount of leasehold improvements required for your store. Today's professional coin laundries range in average size from 2,000 to 5,000 square feet. A properly equipped and built coin laundry can cost in total from $180,000 to $450,000. An average cost is approximately $250,000.

What investment is required?

You'll need to invest a minimum of $70,000 cash to get into the commercial laundry business. The cash investment required depends on the size of your store and the amount of leasehold improvements needed. Remember that you'll need to post deposits for the lease and to open your utility accounts, also.

Where do I obtain financing?

A C POWER COMPANY, INC. can assist you in obtaining prime-rate based, low-cost financing through a few credit/leasing companies that we do business with regularly.

The Peace of Mind Guarantee!

When you build a new commercial laundry with the equipment that we sell, you're making a smart investment in the #1 money-making commercial laundry equipment. We Sell the industry's  BEST equipment .   A C Power Company provides the best customer support in the industry.  A C Power Company, Inc. will be there to assist you in your new turn-key investment . We want to help you build your business and possibly help you to expand to 2 or 3 stores or more. For more information please call us toll free at 1-800-362-1900 ask for our sales department.

What can we provide to you?

Consultation, location evaluation, computerized design and layout, equipment, financing, construction, training (service and management), turn-key stores, parts, service and marketing assistance.

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This site was last updated 08/01/06