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

Comments(2)

  • DaveT20th October, 2003

    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.

  • 3qu1ty20th October, 2003

    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 ]

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