IS THIS A REAL PROFITABLE BUSINESS. WHAT IS THE REAL R.O.I THAT I CAN EXPECT FOR A COIN LAUNDRY OF 3000 SF APROX. WITH 44 WASHERS AND 36 DRYERS.
petefritz
08-07-2001, 07:24 PM
You need the gross sales and expenses to determine ROI. If you are building new, it is a gamble, like buying into an oil well. Some work out, others not so great. You never know till it's done. A good location with new equipment should net you 20% cash flow. ROI gets harder to figure as you need to hold back for future re-tooling. Maybe 15% in realality?