Profit Margin for Unattended Mats? [Archive] - Coinwash The key to a successful Laundromat Business.

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Chase13

11-24-2002, 06:34 PM

If you have an unattended coin laundry what profit margin do you like to maintain? For the purpose of this poll what I am asking for is your % take home pay. (After all other expences)

thanks chase13

Howard

11-25-2002, 12:32 AM

I trhink that the results of this survey will surprise the attended laundromat owners. They will probably write it off to exaggeration.

Lar Hylobates

11-25-2002, 01:34 AM

I hope you don't mind. I voted last years numbers when my mat was unattended and MORE profitable, but not by much.

Kitty

11-25-2002, 08:39 AM

I wont write it off to exaggeration, but it would be nice to know what the gross revenue is to understand the percentages. I can see that any business netting 50% would be an awesome return, but only if the revenue is substantial enough does that 50% sound really good.

pete f

11-25-2002, 06:55 PM

Kitty, you are correct in your thinking. I will post a poll like that. I am assuming most will be under 100k, stores over that would seem to have the attendents, w/d/f, dc, etc to boost revenue and pay for those attendents, I will assume in metro dense areas the higher gross will prevail as well.