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.
Startup costs are the first major hurdle to bar ownership. Total startup costs for a bar that rents or leases its location are estimated to be between $110,000 and $550,000, depending on size. A bar that purchases its location and pays a mortgage has an average startup cost of between $175,000 and $850,000. Already established bars for sale, on the other hand, provide a potential owner with startup costs of as little as $25,000. These include expenses on all physical assets needed to start up a bar.