The laundry business is in demand by business buyers. I know business brokers and agents on BizBen who specialize only in the laundry business and they receive more calls and emails than you can imagine. The interest is so great that many brokers have potential buyers on waiting lists for one to come up for sale in their area. Here are some reasons for this immense interest and why you should consider buying a coin or card laundromat.
1. It's a simple business to run compared to most other businesses. Think about it, your clients do much of the work, and there is no complicated equipment or technology that must be learned or that require licenses to operate.
2. You don t have to worry about the business becoming obsolete anytime soon as we all have clothes and we all have to wash them.
3. It can be a very profitable business and who doesn t like collecting cash?
4. The coin laundry business is sometimes referred to as an "absentee run" business. This means as the owner you don't have to put in 40 hours a week. You can set your own hours and probably won't spend very much time in the facility.
5. Little management, few and possibly no employees depending on how much time you want to put in.
As you can see there are many reasons to buy a coin laundromat. If the above reasons appeal to you and you feel you have what it takes to be a laundry business owner check out some of our coin and card laundromat's for sale
If you need assistance in buying or selling a laundromat here is a comprehensive list of California laundry brokers, agents, advisors, consultants,
If you have other reasons why a laundry business can be a good investment please comment above.