Self-Service Laundry Industry Overview

interior of coin laundromat in pasadenaSince the first public laundries opened in the 1920s, the coin laundry industry has grown exponentially, and today, North America is home to more than 30,000 card- and coin-operated laundries. Investors are plentiful – drawn to the coin laundry business for several reasons. First, the industry is largely recession proof, according to the Coin Laundry Association (CLA). Because there is always a need for clean clothes, vended laundries tend to do well, even during times of recession. But that's just the tip of the iceberg. Card- and coin-operated laundries of today can offer investors the ability to manage the business remotely using technology; the ability to collect cash immediately for services rendered, and the opportunity to gain additional income through services such as drop-off drycleaning, commercial laundering and wash/dry/fold.

row of washers in coin laundromatToday, coin laundries encompass a huge array of services and equipment in order to capture a larger demographic base.