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Your investment depends on many factors, including how large of a laundromat you wish to open and what percentage (if any) you plan to finance. In general, the average range of up-front investment is $50,000-$300,000.With Speed QueenÂ® Financial Services, you can finance up to 70% of the total project cost with a 30% investment requirement. You decide. Your laundromat investment can be either a full-time or part-time commitment.Many successful laundromat owners choose to keep their current jobs since the business is so flexible. In 2012, 63% of laundromat investors listed their laundromat business as their full-time occupation, while 36% were part-time.Your time commitment also depends on how many employees you wish to hire.Employees add to your overhead costs but allow you to offer additional profit-generating services, such as laundry drop-off. 70% of laundromat business investors employ 0-2 attendants.our time commitment also depends on how many employees you wish to hire. Employees add to your overhead costs but allow you to offer additional profit-generating services, such as laundry drop-off. 70% of laundromat business investors employ 0-2 attendants.
Laundromat attendants do not need any formal education or previous experience to enter their profession. However, ONET OnLine shows that as of 2011, 58 percent of attendants had a high school diploma and 40 percent had less education.Attendants learn their skills by working with more experienced workers or from laundry supervisors.alifornia ranked first with 18,610 of the 201,180 jobs and mean wages at an annual $21,800, or $10.48 per hour. Texas was next with 17,170 positions averaging $19,880 per year, or $9.56 per hour. The state with the highest paying jobs was Hawaii, at a mean $31,710 yearly, or $15.24 hourly.