How much does Laundry Service in the United States pay? The average Laundry Service salary ranges from approximately $19,125 per year for Attendant to $227,998 per year for Senior Art Director. Average Laundry Service hourly pay ranges from approximately $9.49 per hour for Driver to $14.36 per hour for Delivery Driver.
How much should I charge for laundry service?
How much does a laundry service cost? Laundry services will have various pricing structures, but most companies will charge by the pound. If there were the case, on average, expect to pay anywhere from $0.75 to $3 per pound. The turnaround time can vary from a few hours to a few days, depending on how busy the location is.
What is a reasonable cost per pound for laundry service?
Wash and fold prices are $1.25 per pound for next day service. Same day service is $1.35 a pound.
How much does the average family spend on laundry?
On average, families spend $43.60 per month cleaning their clothes at home. To calculate your annual laundry costs for washing and drying at home, simply multiply the monthly cost by 12. In our example $43.60 x 12 =$523.20.
How much laundry does the average family do per week?
The average family in the United States does eight to 10 loads of laundry each week, with almost 70% of this work in married households being done by women. More than 20% of all water used by US households is estimated to be for doing laundry. A load of laundry takes an average of one hour and 27 minutes, which takes into account washing and ...
How much does a laundry worker make?
How Much Do Laundry Workers Make In Different Industries?
What is a laundry attendant?
What is a housekeeping/laundry worker?
Which companies pay the highest wages for laundry workers?
What is a laundry aide?
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About this website
How profitable is a laundry business?
There are currently about 35,000 laundromats nationwide. Laundromats generate about $5 billion in combined nationwide gross annual revenue. Coin laundries can range in market value from $50,000 to more than $1 million. Coin laundries generate cash flow between $15,000 and $300,000 per year.
Do laundromats make good money?
Laundromats in the U.S. see an average cash-on-cash ROI of 20-35% (9)—much higher than most alternative investments. And when you factor the flexibility and low labor costs, laundromats just make sense. All the benefits of a profitable investment––without all the risks.
Is a laundry a good business?
The high rate of success, excellent ROI, flexibility, scalability, and easy-to-manage cash flow make laundromats a smart choice for new and experienced small business investors.
Is it hard to own a laundromat?
Laundromats are generally considered to be recession-proof, and the business has few barriers to entry. On the other hand, it is critical to understand startup and operational costs, and the demands on owners to provide customer service, maintenance, and more.
What are the disadvantages of laundry business?
Cons of Owning a LaundromatThings won't always be neat and orderly. No matter how much effort you put into making your laundromat shine, not everyone will treat your space with the same respect.The initial investment can be substantial. ... Utilities can be high. ... Long business hours are recommended. ... Accidents happen.
What are the threats in laundry business?
3 Risks Every Laundry Business FacesHigh utility bills. Running a laundry business obviously means using a lot of electricity and water. ... Equipment malfunction. As we mentioned in a previous post, equipment breakdown is another huge risk for coin operation laundry business owners. ... Cash management.
How do I get customers for my laundry business?
Here are five easy ways to attract more customers to your laundromat and continue to grow your business:Host a special event. ... Join a community business group. ... Sponsor a team or organization. ... Partner with other local businesses. ... Increase your social presence and following. ... Improve your exterior look.More items...•
How much does it cost to buy a laundromat?
Typical laundromats range from 2,000 to over 5,000 square feet which will cost $400,000 to over $1,000,000 all in. There are variables that go into these equations, including construction abnormalities, finishings, amenities and municipal-related expenses such as water and sewer tap fees, etc.
How do I start a successful laundry business?
How to Start a Laundry Business: The Ultimate Step-by-Step GuideDecide what kind of laundry business you want to start.Choose a business name.Choose a business entity.Write a business plan.Register your business and get an EIN.Get the proper permits and licenses.Find a location.Get the proper equipment.More items...
How can I start a laundry business with no money?
17:2622:15How to Start a Laundromat Business with no Money | $1137 Per MonthYouTubeStart of suggested clipEnd of suggested clipYou get your employees. By the way when you gonna load your mat you can either do laundry yourselfMoreYou get your employees. By the way when you gonna load your mat you can either do laundry yourself or you drop it off right so money does it for you and that's them. You're gonna do it for you.
How do you calculate laundromat salary?
The simplest method of estimating the income is to then add the totals of each size of washer and multiply that number by the average number of turns-per-day. There will likely be other revenue streams such as vending, and you can calculate those number, too, but the wash and dry revenue will be the bulk of the income.
Is a laundromat a good business to start?
Laundromats can be highly profitable, recession-resistant, and flexible businesses, making them highly attractive for entrepreneurs.
Are laundromats a dying business?
The laundromat industry is thriving today and is projected to continue to grow in the coming years. Self-serve laundromats are far from dying. However, the service side of the business is growing at an increasingly rapid pace through the addition of drop-off laundry services and laundry pick-up-and-delivery services.
How much does it cost to buy a laundromat?
Typical laundromats range from 2,000 to over 5,000 square feet which will cost $400,000 to over $1,000,000 all in. There are variables that go into these equations, including construction abnormalities, finishings, amenities and municipal-related expenses such as water and sewer tap fees, etc.
Is a laundromat passive income?
In the traditional sense, no, laundromats are not passive investments. They are, however, a business that dissociates your time from income and requires relatively little time to manage.
How much does a Laundry Worker make?
Laundry workers make $26,122 per year on average, or $12.56 per hour, in the United States. Laundry workers on the lower end of that spectrum, the...
What state pays Laundry Workers the most?
California pays Laundry Workers the most in the United States, with an average salary of $33,365 per year, or $16.04 per hour.
How do I know if I'm being paid fairly as a Laundry Worker?
You know if you are being paid fairly as a Laundry Worker if your pay is close to the average pay for the state you live in. For example, if you li...
What type of Laundry Worker gets paid the most?
Mater gets paid the most. Mater made a median salary of $60,956. The best-paid 10 percent make $94,000, while the lowest-paid 10 percent make $39,000.
What is Laundry Care?
Laundry Care was started in 2009. Laundry Care is a premium laundry service providing pick up and delivery to clients nationwide.
What is a laundry care provider?
The technical position that you’ll be working is a Laundry Care Provider, which is an independent contractor position (in tax terms). As a Laundry Care Provider, you are responsible for picking up, processing and returning the laundry.
What are some extra options for dry cleaning?
There are some extra options such as dry cleaning courier service, ironing and larger items like comforters, but these vary by size and type.
How does pay depend on an independent contractor?
Like any independent contractor position, your pay is going to depend entirely on the availability of the work that you’re doing.
Who is the best candidate for washer dryer?
So freelancers, stay-at-home moms, and students with access to their own washer and dryer will be the best candidates for this service.
Can you make money doing laundry for other people?
Yes, there are a ton of people (busy parents, bachelors, college students, busy anybody with money, etc) who’ll gladly pay you to do their laundry for them. So the answer to the question “ Can you make money doing other people’s laundry? ” is, yes!
How much does a laundry service make?
The average laundromat makes between $450-$500 per day. This includes revenue from the washers, dryers, and other secondary income streams such as vending revenue. The range of daily income from self service laundry is around $100 per day to $1,500 per day.
How to find out how much money a laundromat makes?
So, if you want to know how much money a laundromat makes in a day by using information from a pro forma, you will need to divide the income amount by 30, or 30.3 to give a slightly more precise estimation. This will give you the average amount of money that the laundromat makes in a day. In order to use this method, however, ...
How to find out the income of a laundromat?
The first is by referencing the pro forma of a laundromat that is for sale. This way will be the most accurate way of determining a laundromat’s income. The numbers on a pro forma, however, are self-reported by the owner and must be verified before a purchase is made on a laundromat.
What is a pro forma for a laundromat?
The broker will then compile this information into a form called a pro forma. The pro forma is a sort of highlight reel for the business.
How is a laundromat measured?
Laundromat performance is measured in “turns per day.”. One “turn per day” is equal to a single use of a single washing machine. So, when someone uses a washing machine to wash their clothes, that’s a “turn.”.
How to calculate income from washers?
The simplest method of estimating the income is to then add the totals of each size of washer and multiply that number by the average number of turns-per-day.
Is wash and dry revenue bad for fictitious stores?
There will likely be other revenue streams such as vending, and you can calculate those number, too, but the wash and dry revenue will be the bulk of the income. Not bad for our fictitious store!
How much does a laundromat make?
According to the Coin Laundry Association’s Brian Wallace, the annual gross income from one store can range from $30,000 to $1 million.
How much does it cost to start a laundromat?
Normally, the start-up cost for a laundromat can run from about $200,000 to over $1,000,000. After assessing your start-up costs, your budget should include allowances for regular future expenses, such as loan financing payments, rent and maintenance.
What is a laundromat business?
A laundromat business is a modern, well-equipped laundry with state-of-the-art machines that allow customers to drop off clothing to be washed, dried, and folded. This is often referred to as fluff & fold, wash-n-fold, drop off, bachelor bundles, a service wash or full-service wash.
What determines the amount a laundromat business owner is expected to make yearly?
Another key factor that will determine the amount a laundromat business owner is expected to make yearly is the management style of the owner.
Do laundromats make more money?
If a laundromat is located in a highbrow area, an area with the right demography and lifestyle especially busy corporate executives, business owners, households, students and travelers/visitors and of course people who have the financial means (purchasing power), then the facility is expected to make more money.
How much does a laundry worker make?
Laundry workers in the United States make an average salary of $20,189 per year or $9.71 per hour. In terms of salary range, an entry level laundry worker salary is roughly $15,000 a year, while the top 10% makes $25,000. If you like following the crowd, health care and hospitality companies tend to attract the most workers in this field. But if you're in it for the money, then you'll want to seek out internet, government, and health care companies, as employees in each industry have reported the highest salaries. As most things go, location can be critical. Illinois, Massachusetts, Hawaii, Vermont, and California provide the highest laundry worker salaries.
How Much Do Laundry Workers Make In Different Industries?
For example, Laundry Workers make a whopping average salary of $29,793 while working for Internet companies. Meanwhile, other people in this field are making $25,042 at Government companies and $24,296 at Health Care companies. But Laundry Workers may want to avoid working in the Retail industry as it offers the lowest average salary at $23,232.
What is a laundry attendant?
A laundry attendant is responsible for all laundry activities in an establishment, which involves washing, drying, folding, and organizing textiles. There are also instances when a laundry attendant is assigned to supervise a laundry room filled with coin-operated machines for public use. Usually working in hotels or similar establishments, there are instances when a laundry attendant must deliver clothing or laundry to the housekeeping staff or guest rooms. Furthermore, a laundry attendant needs to coordinate with other team members and adhere to the policies and guidelines of the establishment.
What is a housekeeping/laundry worker?
A housekeeping/laundry staff member is responsible for washing clothes, linens, and other washable textiles depending on the needs of the employer or the organization. A housekeeping/laundry worker should carefully sort laundry items, ensuring not to mix laundry for different owners. Housekeeping/laundry personnel must keep the laundry area clean at all times, following the sanitary standards and hygienic procedures before and after doing the task. They should also adhere to specific washing instructions to do the laundry without damaging the item, as well as the knowledge to operate and maintain laundry machines and equipment.
Which companies pay the highest wages for laundry workers?
If you insist on knowing when your check is going to come and for how much, then you'd be better off working for companies like Liberty HomeCare and Hospice and Great Plains Health as they offer the highest salaries for laundry workers.
What is a laundry aide?
A laundry aide works in a laundry shop providing help in all aspects of cleaning the laundry. The laundry aide helps wash, iron, sort, and fold clothes. This person ensures all clothes are washed thoroughly through various washing techniques. The laundry aide is responsible for cleaning clothes, removing stains, and ensures that they are not damaged or shrink during washing. The laundry aide is a position that is popular in businesses like hotels, condominiums, and laundry shops.
