If there is no annual percentage increase in the CPI-W, the Board and Bureau will not adjust this exemption threshold from the prior year. Based on the annual percentage decrease in the CPI-W as of June 1, 2015, the exemption threshold will remain at $54,600 through December 31, 2016.
Typically, start-up costs for a laundromat can run from about $200,000 to over $1,000,000, according to Entrepreneur magazine. After assessing your start-up costs, your budget should include allowances for regular future expenses, such as loan financing payments, rent and maintenance.
Optional items you might want to include in your start-up laundromat include a soda vending machine for between $3,000 and $4,000, a security system typically running between $6,000 and $10,000, a television set for between $200 and $500, or a wi-fi connection for about $40 to start.