1 Click on British Pound Sterling (GBP) link to convert British Pound Sterling to all other currencies; 2  Click on the link Swap currencies to convert from British Pound Sterling to US Dollar; 3  Click on the Group converter link to convert a group of numbers all at one time.
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.
Posted on November 14, 2012 by kimfenolio. A coin laundry, or laundromat, is a business that is setup usually by an individual. The business houses washing machines and dryers that will operate when the customer inserts the appropriate amount of money into the machine to make it run. That will vary from business-to-business.