Business Success Rate
Let’s take a look at how laundromats stack up against other small businesses:
What else makes laundromats a great investment?
Let the numbers speak for themselves.
Start-up costs are just over $200,000—far less than car washes, convenience stores and self-storage.
Concern about economic downturns is nearly 0%—laundromats are essential business.
The return on investment is an impressive 20-35% on average—what other investment gives you that?
Labor costs are low—70% of laundromat investors have 0-3 employees. Say good-bye to high overhead.
There’s no need for complex accounting. Customers pay upfront using cash, coin or the Speed Queen app.
Unlike other investments, laundromats are always in-season—clean laundry is something everyone needs, no matter what time of year.
Why invest in Speed Queen?
When you partner with Speed Queen, you get a brand backed by 100+ years of experience in the laundry industry. We’ve built our machines with easy-to-use technology that allows you to manage your laundromat from anywhere.
With Speed Queen’s Quantum® Touch, your customers can pay up for tailored wash and dry cycles—so they’ll keep coming back again and again for that premium experience, and you’ll reap the profits.
What are you waiting for?
Get loads of potential when you invest in a laundromat, with Speed Queen.