GITNUX MARKETDATA REPORT 2024

Statistics About The Average Cost Of Laundromat

The average cost of using a laundromat across different locations in the United States ranges from $2.50 to $3.50 per load of laundry.

In this post, we will explore the average costs associated with running a laundromat through a series of statistics and data points. From utility expenses to equipment maintenance costs, pricing strategies, and revenue generation, we will delve into the financial aspects that contribute to the operations of a laundromat. Understanding the economics behind this business can provide valuable insights for both current and potential laundromat owners.

Statistic 1

"Utility costs for a laundromat can be as high as $4,000 to $8,000 monthly."

Sources Icon

Statistic 2

"The cost of water and sewer can make up to around 20% of the total operational costs for a laundromat."

Sources Icon

Statistic 3

"On average, it takes about 3-4 years to break even when opening a new laundromat."

Sources Icon

Statistic 4

"Laundromats typically replace their machinery every 8 to 10 years."

Sources Icon

Statistic 5

"Maintaining laundry equipment costs an average of 5-6% of the initial cost annually."

Sources Icon

Statistic 6

"The total cost to open a laundromat can range from $200,000 to $500,000."

Sources Icon

Statistic 7

"The average cost of a single load of laundry at a laundromat in the U.S. is around $2.00 to $3.00."

Sources Icon

Statistic 8

"Some high-efficiency laundromats may charge $3.00 or more per load but save on water and energy costs."

Sources Icon

Statistic 9

"In urban areas, the average cost per load of laundry can be as high as $3.50."

Sources Icon

Statistic 10

"Credit card transaction fees at laundromats typically range from 2.5% to 3% of the transaction."

Sources Icon

Statistic 11

"In New York City, the average laundromat charges around $2.75 per load."

Sources Icon

Statistic 12

"Laundromats usually charge between $1.50 and $2.50 to use a commercial dryer."

Sources Icon

Statistic 13

"Laundromats have a success rate of 95% over a five-year period."

Sources Icon

Statistic 14

"The average laundromat customer spends approximately $12-$15 per month."

Sources Icon

Statistic 15

"Energy expenses for laundromats can comprise up to 20% of their operating costs."

Sources Icon

Statistic 16

"Some laundromats offer subscription services, costing around $20-$30 per month for unlimited use."

Sources Icon

Statistic 17

"The average laundromat in the U.S. generates around $300,000 in gross revenue annually."

Sources Icon

Statistic 18

"Modern laundromats may charge by the weight of the load, usually between $1.00 and $1.50 per pound."

Sources Icon

Statistic 19

"The average cost to dry a load of laundry at a laundromat ranges from $1.50 to $2.00."

Sources Icon

Statistic 20

"The national average for using a coin-operated washing machine is approximately $2.00 per load."

Sources Icon
Based on the statistics presented, it is evident that the average cost of running a laundromat involves a complex interplay of various expenses such as utility costs, equipment maintenance, operational costs, and pricing strategies. The initial investment to open a laundromat can range significantly, with ongoing costs of maintaining equipment and managing utilities contributing substantially to the operational expenses. Pricing strategies vary, with the cost per load of laundry dependent on factors such as location and efficiency measures. While laundromats can be profitable businesses with a high success rate over time, careful consideration of all cost factors is crucial for long-term sustainability and profitability.

Can You Trust Our Report?

The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.

Learn more about our process here.

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!