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A & B Equipment Co |
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"Making Success Affordable" |
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Quality Distributors of Laundry & Dry Cleaning Equipment |
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Coin Laundry Investment |
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Owning a coin operated laundromat is a smart investment opportunity for many sound reasons. |
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The market for the services supplied by a coin laundromat is totally need driven and, as such, is simply going to continue to be strong. |
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The coin laundromat business produces absolutely no receivables and hence, no negative influences on cash flow. The reality is that customers pay at the time of use and they actually do their own work! |
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The cost of labor and labor
related costs such as worker’s compensation insurance are low. Typically,
a coin laundromat will employ part time individuals on an hourly basis
as attendants - usually one attendant per shift. Perhaps retired people
are best suited for these positions and are readily available. |
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The coin laundromat is essentially
recession proof due to the nature of the service. In tough economic
times people may give up many things. However, cleanliness is clearly
not one of them. |
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Absentee ownership of a coin
laundry, unlike other business ventures, actually allows one to be an
absentee owner. This is true because, as we have said, the customers
do their own work and pay the machine directly. The attendants do not
handle any significant amount of money. With the optional “DEBIT-CARD”
or Ipso Sigma system, you have the added control of pricing specials
and exact accounting of the number and times of use for each machine.
The attendants required are readily available from a large pool of retired
individuals who are looking for additional income. Operationally, there
is no absolute need for the owner/investor to constantly be at the laundromat
except for a few times each week to collect coins and order vending
products. |
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Aside from the obvious revenues received from self-service washing and drying, coin laundries offer many opportunities for various forms of vending. Such items as laundry products, snacks, and soft drinks are common additional vending revenue sources. |
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The coin laundry requires some, but not a great deal, of marketing and promotion. The same customers tend to repeat their visits on a regular basis and typically remain loyal. |
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A Unique and profitable investment |
| Coin operated
laundromats do, in fact, offer an unusually attractive opportunity to
invest. With financing available to qualified
individuals it permits you to own a business that provides a product
for a need-driven market, produces absolutely no receivables, requires
almost no labor force, is essentially recession proof, not a franchise
and can be absentee owned. |
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We’ve got the |
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experience you need |
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A & B Equipment Co. has been serving
the commercial laundry and dry cleaning industry for almost 30 years.
Together, with the manufacturers we represent you are assured of the
finest quality equipment and design available today. |
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The products and service to
make you profitable
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| The scope of A & B Equipment’s
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| cleaning
machinery, we develop and build coin
operated laundromats, dry
cleaning plants and provide replacement
parts and all technical
services including machinery repair and work flow analysis. |
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Financing Opportunities |
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Other than traditional methods of
financing through banking related sources that you may have, our machinery
manufacturers do offer financing programs. Financing is available to
qualified individuals for up to eighty five percent (85%) of the list
price of the |
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serial numbered equipment and financing for ancillary equipment up to 20% of the laundry equipment price. You do not have to be experienced in the coin laundry industry to be considered for this financing. Simply fill out our Financial Feedback Form and let us do the work for you! |
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In Conclusion… |
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The coin laundry industry offers a unique opportunity for the qualified investor. One of our qualified and knowledgeable investment consultants (not some commission salesman) would be happy to meet with you to discuss your needs and concerns. Please fill out our Financial Feedback Form and we will contact you shortly. |
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Location! |
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Yes, you have heard it before. However, this is particularly true when developing coin laundries. |
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With other types of business, although
expensive, you could pack everything up and move down the road if you
are not realizing you income potential in your current location. It
is simply not economically feasible to do this with a coin laundry when
you consider you will invest around $100,000 in building improvements
to make your chosen location suitable for coin laundry. This is an expense
you can not recoup if you decide to move your laundromat. |
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That is why our coin store development
system utilizes the analysis of demographic variables, traffic patterns,
area shopping patterns, ingress and egress access analysis, road visibility
analysis and a detailed feasibility study so that store locations are
systematically selected for coin laundry success. Typically, coin laundries
are located in existing strip malls although freestanding building locations
are common as well. |
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Assuming an attractive décor, state of the art equipment, competent management style and effective promotional marketing techniques are employed, the single most important factor in the ultimate success of a coin operated laundry is the demographic |
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validity of its location! A&B Equipment Co. utilizes all available demographic data in order to pinpoint the right location for each coin laundry. |
