Buying a laundry mat8/4/2023 ![]() He is often a contributing author in industry trade publications and a speaker at national trade shows. In 2013, Brian was named the Coin Laundry Association's Member of the Year and in 2016 was elected to sever on their Board of Directors. In 2010, Brian authored the book, “ Secrets of Buying and Owning Laundromats.” He was also a presenter at the CLA Bi-Annual Educational Workshop in Baltimore, MD and spoke for the GSCLA at their quarterly meeting. Additionally, in 2009, Brian also co-authored a book titled, " Seize Your Opportunities - How to live your life without limits", was an expert panelist at the laundry industries Semi-Annual Clean Show tradeshow, and was elected to the Board of Directors of the Golden State Coin Laundry Association (the local affiliate to the Coin Laundry Association (CLA) where he now serves as President). As their coin laundry business expanded, Brian followed suit and by 2008, became full time Entrepreneur.Ĭurrently they own and manage five Laundromats as well as several other private business and Real Estate ventures. In 2006, Brian’s wife walked away from her career in Silicon Valley. By 2003 they purchased and remodel of their first Laundromat. ![]() In 2002, Brian Brunckhorst and his wife began researching the coin laundry business. This will tell you how much money the store is making and give you some idea as to its value. You will need to verify the seller's claim of reported income and carefully examine all the expenses. The first thing to understand is the numbers. When you go out to look at a Laundromat for sale, don't get caught up by how the store looks. Take the time to educate yourself about this business before you jump in and put your hard earned money on the table. Laundromats are simple businesses and can be run with no experience. The customers also pay in advance with all cash! There are no "checks in the mail" or Account Receivables.Ī Laundromat is a real, brick and mortar business, in a mature industry with annual sales of over $3.4 Billion dollars, reducing your risk. They load the machines and fold the clothes. In the laundry business the customers supply their own labor. ![]() There will always be a need for people to have clean clothes. Customers will simply come into your store to use your equipment, but if you want to provide a vending machine that sells soap and fabric softener you are more than welcome too.Ī Laundromat is a service-based business that fulfills a basic necessity in life, and is therefore recession resistant. There is no selling involved in a self service laundry, so you won't need a sales staff. Even a fully attended store will rarely require more than one staff member working at a time. The coin laundry business is NOT labor intensive so you won't have a lot of employees to manage. Don't waste your time getting a second job, instead own a part-time business and a Launderette is truly one that can be run part-time. If run properly, a Laundry mat should only require 5 to 15 hours a week of your time. ![]() A Laundromat business has several fundamental advantages over other small businesses. Whether you're looking to make a career change, would like a part-time business to supplement your current income, or just looking for a new investment opportunity, a coin laundry may be the answer to what you have been searching for. ![]()
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