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A Stable and Superior Investment

Vended laundries have long been considered recession resistant, staying highly profitable through economic downturns. That stability was amplified during the recent pandemic, as laundromats were one of few businesses to be designated “essential.”

With an ultra-high success rate of 94.8 percent, a cash-on-cash ROI of 20 to 35 percent and a simple management structure, laundromats are an attractive investment, regardless of the economic landscape.

To speak with a Speed Queen laundromat equipment sales representative, fill out the form at the bottom of this page.

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A Sound Investment

Laundromats in the U.S. see an average cash-on-cash ROI of 20-35% (9)—much higher than most alternative investments. And when you factor the flexibility and low labor costs, laundromats just make sense.

Nearly 94.8% success rate (5)

All the benefits of a profitable investment––without all the risks.

20-35% average ROI (9)

An average cash-on-cash ROI of up to 35% is both impressive and advantageous when compared to other investments.

Adaptable to your lifestyle

Enjoy the flexibility of running your laundromat the way that fits your lifestyle.

Low labor costs

Your machines do the work so you don’t have to. In fact, 70% of laundromat investors have 0-3 employees.(5)

Tax advantages

In many countries, you can write off equipment purchases and claim equipment depreciation as a loss on your taxes. *Consult your tax advisor to see what tax advantages you are eligible for.

Simplified accounting

Customers pay up front using cash, coin or the Speed Queen app, meaning laundromats don’t incur the cost, time and hassle of many other investments’ accounting requirements.

Laundromats vs. Other Investments

Not all investments are created equal, and not all yield the same returns. See how other investments stack up against laundromats.

Start-up Costs
$1,000,000 $1M
$500,000 $500K
$200,000 $200K
$50,000 $50K
 
 
 
 
Car Wash(4) A
Convenience Store(1)(7) B
Self-storage(2)(3)(6) C
Laundromat(5)(8) D
A = Car Wash
B = Convenience Store
C = Self-storage
D = Laundromat

The Difference Is Clear

Compared to other investments like car washes, convenience stores and self-storage––laundromats just make sense.

Lower start-up costs

Lower failure rates*

Less upkeep and bookkeeping

Unaffected by seasonality

Fewer regulations

Game-Changing Technology

Not all vended laundries are created equal. Investors seeking to maximize their return on investment in opening up a laundromat, must offer customers commercial laundromat equipment that enables them to tailor wash and dry cycles to their unique needs. Speed Queen Quantum Touch equipment delivers unparalleled returns. To see how this cutting-edge control leaves the competition in the dust and makes you more money, click the button below.

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Speed Queen Insights takes management ease and the customer experience to new heights. With features such as a customer app and mobile payment option, owners can be assured their laundromat business is giving customers flexibility that other laundries can’t match. And by leveraging all owner tools on one platform, they’ll streamline management and be ready to scale the business quickly to multiple locations, while their competition is left counting quarters.

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How to Start a Laundromat?

Are you ready to learn more about the benefits of opening a laundromat business, as well as all the advantages available to you when you work with the global leader in commercial laundry equipment? Fill out the form below and request our guide to how to open a laundromat.

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Financing Made Easy

When compared to other investments, laundromats have a high success rate. That number gets even higher when your investment is backed by Speed Queen. We’re confident we can make your business successful.

Business plan consultation

When compared to other investments, laundromats have a high success rate. That number gets even higher when your investment is backed by Speed Queen. We’re confident we can make your business successful.

Personalized relationship management

Our experienced laundry professionals personally manage your account from the beginning to the end of the loan—but it doesn’t have to stop there. Your contact will continue to tailor specific programs for future financing situations.

Laundry-focused financing

When you finance with Speed Queen®, you get a comprehensive financing plan that’s tailored to fit your needs, your budget and your goals, including structuring your front-end payments to coincide with your store’s projected ramp-up.