It can be a steady, simple business if you understand the costs and what you’re really buying. Many people like laundrettes because they run on repeat customers and daily needs, not trends. Buying a laundrette usually costs anywhere from $50,000 to $500,000+, depending on size, location, equipment, and rent. Monthly running costs are predictable, and profits come from volume and smart pricing.
Below is a clear, no-nonsense guide to help you understand what you’ll pay, what you’ll earn, and what to watch out for.
What Is a Laundrette?
A laundrette (also called a laundromat) is a self-service laundry shop where people pay to wash and dry clothes using coin, card, or app-based machines.
Customers usually include:
- Renters
- Students
- Travelers
- Families without large washers at home
It’s a need-based business. Clothes must be washed, no matter the season.
Cost to Buy a Laundrette
The total price depends on whether you buy an existing business or start from scratch.
Buying an Existing Laundrette
This is the most common option.
Typical cost range:
$80,000 – $400,000
You usually pay for:
- Existing washers and dryers
- Lease or location rights
- Customer base
- Furniture and fittings
A busy shop in a good area costs more, but it also earns more.
Starting a New Laundrette
This costs more upfront.
Typical cost range:
$150,000 – $500,000+
Main expenses include:
- Commercial washers and dryers
- Plumbing and electrical work
- Rent deposit
- Licenses and permits
Equipment Costs Explained
Machines are the biggest expense.
| Equipment Type | Average Cost (Each) |
|---|---|
| Commercial washer | $3,000 – $10,000 |
| Commercial dryer | $2,000 – $7,000 |
| Change machine | $2,000 – $5,000 |
| Card or app system | $5,000 – $25,000 |
Used machines cost less but may need repairs sooner.
Monthly Running Costs
These are fairly stable and easy to predict.
- Rent: $1,500 – $8,000
- Utilities (water, gas, electric): $2,000 – $6,000
- Maintenance: $200 – $800
- Insurance: $100 – $300
- Cleaning or part-time help: optional
Water and gas are the biggest ongoing costs.
How Much Profit Can a Laundrette Make?
Profit depends on location and usage.
Average monthly profit:
$2,000 – $7,000+
A well-run laundrette in a busy area can earn more.
Margins improve when:
- Machines are always working
- Prices match the local market
- Utilities are managed well
Pros and Cons of Owning a Laundrette
| Pros | Cons |
|---|---|
| Steady demand | High upfront cost |
| Simple daily operations | Utility bills can be high |
| Low staff needs | Machines need regular repairs |
| Works with passive income | Location matters a lot |
Real-World Examples
Example 1:
A small neighborhood laundrette bought for $120,000.
Monthly profit: around $3,000.
Owner visits 2–3 times a week.
Example 2:
A large city laundrette costing $350,000.
Monthly profit: $7,000–$9,000.
High rent, but heavy foot traffic.
FAQs (People Also Ask)
Is a laundrette a good investment?
Yes, if it’s in a busy area with renters and students. Location matters more than looks.
How long does it take to break even?
Most owners recover their investment in 3 to 5 years.
Do I need staff?
Not always. Many laundrettes run unattended, with owners checking daily.
Are laundrettes hard to manage?
No. Once set up, daily work is minimal.
Can I finance a laundrette?
Yes. Banks often finance them because income is stable.
Final Verdict
A laundrette can be a solid, low-stress business if you buy smart. Focus on location, machine condition, and running costs. Don’t rush. Study the numbers. When done right, a laundrette offers steady income and long-term value with fewer surprises than many other businesses.