24 hour laundromat near me
Before you start your journey toward becoming a laundromat owner, it’s important to get familiar with the laundromat industry as a whole.
Laundromat History and Current Trends
The first modern laundromat was opened in Fort Worth, Texas, in the 1930s, and coin-operated machines were invented in New York in the 1950s. Both have been widely used ever since, and today the U.S. laundromat industry brings in about $5 billion per year.
There are approximately 30,000 laundromats across the country today, and the majority are individually owned and operated.
Laundromats tend to be the most successful when located in close proximity to people who rent apartments, though homeowners who need to use large-capacity machines patronize laundromats, too.
Read on: 20 Ways to Buy a Laundromat
24 hour laundromat near me
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