**Laundromats typically make anywhere from $5,000 to $25,000+ per month in income. The actual income of a particular laundromat depends on a variety of factors, including size, location, population density, local competitors, and more. Estimating the income of a particular laundromat is simple to do.**

How to Estimate the Income of Any Laundromat

**1. Calculating Washer Income**

You can get an estimation of any laundromat's income with a fairly simple math equation.

# of washing machines **x** vend price **x** turns **x** days in the month **=** estimated income

"Turns" refers to the number of times, on average, a machine is used each day. The average turn per day is around 3, so we'll use 3 to estimate our income. I also use 30.4 as days in the month, as that's the average number of days per month (365/12).

If you want to estimate the washer income of a laundromat, you'll need to gather the 2 missing variables in our equation: the number of each size of washing machine and the vend price of each size of washing machine. Let's look at an example.

Say you do some recon work on a laundromat and find out that a laundromat has 10 20lb washers, 6 40lb washers, 4 60lb washers, and 2 80lb washers. The vend prices are $3, $5, $7, and $9, respectively. Here's how we would calculate the estimated washer income:

20lb Machines

10 x $3.00 x 3 x 30.4 = $2,736

And when we extrapolate that out to all washing machines in our laundromat we can estimate our total income from the washing machines to be about $9,666 per month.

**2. Calculating Dryer Income**

We're able to simply calculate an estimate of the dryer income using the washer income that we calculated above. The typical dryer income is usually between 33% and 50% of the washer income. In most cases, I use 33% in my calculations as I find it generally more accurate. Our estimated dryer income, then, is:

$9,666 x .33 = $3,190

**3. Estimate Total Income**

Now that we have our estimated washer and dryer income, we can estimate our total income. In our example, our estimated income of the laundromat we're considering is

$9,666 + $3,190 = $12,856

I want to emphasize that this is an estimate, but it will give you an idea of how much money a laundromat is making. Now you know how to estimate any laundromat’s income quickly and easily!

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