The
Laundromat or coin laundry industry started in the 1930's in
Forth Worth, Texas by Andrew Clein at a time when electric
washer machines were starting to become common in the United
States. The introduction of washer machines enclosed within a
secure cabinet and the availability of coin slot mechanisms made
it possible for the Laundromat industry to evolve into its
present form. In the 1940's the modern form of the electric
dryer was introduced and incorporated into the Laundromat
industry.
Today the Laundromat industry is a $5 billion dollar industry
with about 35,000 Laundromat businesses in the United States
alone. And while there have been attempts to create national
chains in the Laundromat industry, all of them have failed due
to nature of the business. Where the traditional economics of
scale usually applied in other industries do not work in the
Laundromat industry. Therefore, most operators of Laundromats
are small business owners.
If
you are interested in becoming a Laundromat operator, I suggest
you keep on reading the articles on the site so you can make an
informed decision. Also, I recommend books such as
Owning a Laundromat for a clear idea of what to expect.