Marvin and Melissa at Village Laundromat in Bath, NY
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The Laundromat business is lucrative and fast-growing. Take a look at the video below if you are interested in breaking into this profitable industry.
Whether you are looking for a full-time investment opportunity or a way to earn extra income, owning and operating a laundromat is a profitable business that has a strong return on investment. According to the Coin Laundry Association, laundromats in the US see an average ROI of 20-35%. And since laundry is a necessity of life, laundromats are more protected from economic downturns than other businesses.
Statewide carries full lines of vended Speed Queen laundry equipment for your laundromat.