What Do You Avg For Coin Op Laundry?
Hello Cash Hounds,
I'm about to purchase a coin op set of laundry machines and I'm trying to estimate how much I can expect to generate on these? I've been using $5 per person per week as a basis - does anyone have any information they could share?
Also, where's a good place to get coin-op laundy? I have no idea where to look...
Happy investing and many healthy returns,
Michael
Assume that each unit will use the washer and the dryer once per week.
If you have a $1 wash and a $1 dry and 20 units, then your weekly income might average $40 per week.
In practice, many users will divide their laundry into a light/white load and a dark color load. But they might only do laundry every other week.
What about vending machines? What do these average. Probably depends on the size of the community and some other factors but are they worth the investment?[ Edited by 3qu1ty on Date 10/20/2003 ]