Generate Laundromat Financial Projections in 60 Seconds
Laundromats are cash flow machines with a catch: the upfront capital is steep and utility costs eat into margins every month. A well-located laundromat with 30 washers and 30 dryers generates revenue 14 to 16 hours a day with no labor costs during self-service hours. But investors and SBA lenders want to see realistic turns per machine per day, utility cost per load, and a machine replacement schedule that accounts for the $1,500 to $8,000 cost of replacing equipment every 8 to 12 years.
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Three steps to your laundromat financial projections
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Our AI generates 5-year financial projections with income statement, cash flow, and key metrics.
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Sample Output
See what laundromat projections look like
Sample projections for a laundromat based on real industry benchmarks.
Business Overview
CleanWave Laundry is a 2,800 sq ft coin and card-operated laundromat opening in a strip mall in Albuquerque, NM. Owner David Espinoza, a former operations manager for a commercial laundry service, identified the location after analyzing census data showing 68% renter-occupied housing within a two-mile radius. The store features 24 washers (8 top-load, 16 front-load), 20 stacked dryers, a staffed wash-dry-fold counter, and a card payment system on every machine. Total investment is $510,000, funded by a $410,000 SBA 7(a) loan and $100,000 in savings.
5-Year Financial Projections
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 |
|---|---|---|---|---|---|
| Revenue | $280,000 | $365,000 | $420,000 | $455,000 | $490,000 |
| Self-Service Revenue | $210,000 | $260,000 | $290,000 | $310,000 | $330,000 |
| Wash-Dry-Fold Revenue | $55,000 | $85,000 | $110,000 | $125,000 | $140,000 |
| Net Income | $48,000 | $88,000 | $118,000 | $135,000 | $152,000 |
| Utility Costs | $62,000 | $74,000 | $82,000 | $86,000 | $90,000 |
Key Financial Metrics
Revenue per Sq Ft
$100 to $175
Turns per Machine per Day
4.5 to 6.8
Utility Cost as % Revenue
22% to 18%
Net Margin
17% to 31%
Full projections include cash flow, balance sheet & more
Everything in your laundromat financial projections
5-year revenue forecast
Year-by-year revenue projections based on your pricing, growth rate, and market size.
Expense breakdown
Detailed operating expenses: payroll, rent, marketing, materials, and overhead by category.
Profit & loss statement
Complete P&L with gross margin, operating income, and net profit for each year.
Break-even analysis
Know exactly when your business becomes profitable and the revenue needed to get there.
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Laundromat financial projections FAQ
How much revenue does a laundromat generate?
A mid-size laundromat (20 to 40 washers) produces $200,000 to $500,000 in annual revenue. Revenue depends on machine count, vend price, and turns per day. Each washer generates $15 to $45 per day based on the price per cycle ($3.00 to $7.50 for front-loaders) and the number of turns (4 to 8 per day). Dryers add about 60 to 70% of washer revenue. Wash-dry-fold service at $1.25 to $2.00 per pound can add 20 to 35% on top of self-service revenue. Card payment systems tend to increase per-visit spending by 15 to 20% compared to coin-only stores because customers spend more freely without counting quarters.
What are the biggest ongoing costs for a laundromat?
Utilities (water, gas, electricity, sewer) are the largest operating expense at 18 to 25% of revenue. Water and sewer alone run $0.15 to $0.35 per wash load. Gas for hot water heating costs $0.10 to $0.25 per dryer cycle. Rent is the second largest cost at 15 to 25% of revenue. A laundromat that owns the real estate has a significant advantage here. Labor costs depend on your model: fully unattended stores need only part-time maintenance and collection ($15,000 to $25,000/year), while staffed wash-dry-fold operations require $40,000 to $80,000 annually in attendant wages. Machine maintenance and replacement reserves should be 5 to 8% of revenue.
Is a laundromat a good investment compared to other businesses?
Laundromats offer several advantages: recession-resistant demand (people always need clean clothes), semi-passive income with minimal staffing, and strong cash flow with net margins of 20 to 35% for well-run stores. The Coin Laundry Association reports median ROI of 20 to 35% annually. The downsides include high upfront capital ($200,000 to $800,000), location dependency (you need dense renter populations), and a long payback period of 3 to 5 years. Buying an existing laundromat at 3 to 5x annual net income is often a better deal than building from scratch because you inherit an established customer base and proven location.
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