Starting a Coin Laundry Business

Here are some free articles that can help you get more information about the laundry industry and help you prepare your plan for success:

• Coin Laundry: An Industry Overview http://asbdc.ualr.edu/bizfacts/8005.asp = a good overview of the industry
• IRS Market Segment Specialization Program: The Laundromat Industry http://www.irs.gov/pub/irs-mssp/laundry.pdf = deals with cashflow and books of a laudromat business including water consumption analysis
• http://www.coinlaundromat.com – California Coin Laundry Association

You can also contact and join this organization:

Coin Laundry Association (CLA)
http://www.coinlaundry.org
1315 Butterfield Rd., Suite 212
Downers Grove, IL 60515
Tel (630) 963-5547
Fax: (630) 963-5864

The Coin Laundry Association has a paid report called Today’s Coin Laundry ($69)that covers everything from inspecting an existing laundry to closing the deal, while helping you:

• Decide if the laundry business is for you
• Select the right equipment distributor
• Interpret demographics
• Conduct lease negotiations

Recommended books:

• Start Your Own Coin-Operated Laundry by Mandy Erickson
• How to Start and Manage a Coin-Operated Laundries Business: A Practical Way to Start Your Own Business by Jerre G. Lewis