How Much Would It Cost To Open A Laundromat. Marketing promotion expenses for the grand opening of the laundromat in the amount of £3,500 as well as flyer printing (2,000 flyers at £0.04 per copy) for the total amount of £3,580. The cost of equipment required to start a laundromat varies from $21,300 to $477,500.
On average, the price of a laundromat will depend on the washing machine size, the center, and your geographical location. According to martin ray laundry systems, inc. The cost of buying an existing laundromat business depends on how much the owner wants to sell.
On average, plan on spending around $1.50 to as much as $9 per load.
However, there are many variables that will determine the cost and the best way to determine those expenses would be to open a spreadsheet or take out a good old pen and paper. From time to time, you will also need the services of a technician. The good news is, despite expenses, laundromat owners report an average of $5,000 to $7,000 of net profit each month. The cost of buying an existing laundromat business depends on how much the owner wants to sell.