Coin Laundromats – Their Advantages Over Other Types of Businesses

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Are you tired of working a job?  Are you looking to make a career change?  Are you looking for a part-time business to supplement your salary?  Or, are you looking to invest in a business that makes sense?  It doesn’t matter which situation you’re in because the coin laundromat business is the answer for you.  Coin laundromats have several advantages over other types of small businesses.

Advantage #1

If managed and operated properly, a coin laundromat should not become a full-time job.  With the proper systems and procedures, a coin laundry should not require more than 15 – 20 hours per week.  Yes, you heard me correctly.  This is a part-time business that works for you instead of the other way around!

Advantage #2

This business is not labor intensive where you will have to manage numerous employees.  At most, a fully attended laundromat should only require one employee at all times to oversee operations.

Advantage #3

You do not have to sell anything.  A coin laundromat is a self-service business that provides a basic necessity.  Customers need this kind of service and are willing to pay for this service.  This means you do not have to hire a staff of sales people to promote your service and attract customers.

Advantage #4

This business is recession resistant.  During a tough economy, we have not seen a drop off in business.  In fact, most coin laundromats are seeing even more business during a challenging economic cycle.

Advantage #5

This is a self-service industry; customers provide their own labor for free.  They load the machines themselves.  They fold their own clothes after the clothes are dried.  That’s good news for business owners like us because we do not have to provide the labor.

Advantage #6

This business is an all cash business.  You don’t have to deal with credit card transaction fees, bounced checks, or accounts receivables.  Plus, customers pay you upfront.  You get paid in full before customers can use the laundromat equipment.

Advantage #7

Coin laundromats are a real, proven business.  This is not a start up business or one that is unproven.  The risk of owning a laundromat is less than other types of businesses.

Advantage #8

This business is simple and does not require a ton of experience.  That said, I encourage you to take the time to educate yourself before jumping in head first.  The proper education will save you time and money.

There you have it.  I covered at least eight reasons why the coin laundromat business is the perfect business.  You are also starting to see why I made the switch to becoming a laundromat business owner rather than spending the rest of my life working in a corporate job.

Here’s to your coin laundry success!

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About Brian Brunckhorst

Brian Brunckhorst is one of the top experts on laundromats. He is dedicated to teaching entrepreneurs how to find, evaluate, analyze, and buy a coin laundromat. Brian is also the author of the best-selling eBook, “Secrets of Buying and Owning Laundromats”, and the Laundromat Teleseminar System.