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BIZBITE

Coin Laundry Equipment Repair

Every broken washer is lost quarters until the repair tech shows up

Bottom line

Accessible entry point; validate local supply before buying.

Coin laundry equipment repair companies service commercial washers, dryers, payment systems, water valves, bearings, belts, and controls for laundromats, apartment laundry rooms, hotels, and campuses. The angle is brutal uptime math: each broken machine stops earning immediately, so owners prioritize fast, competent repair.

67
Acquisition score
Strong

Avg Revenue

$320K

Profit Margin

34%

Acquisition Multiple

1.8x - 3.6x

Startup Cost

$20K - $85K

How It Works

Technicians run service calls for laundromats and multi-family laundry rooms, diagnose commercial washers and dryers, replace parts, and often sell preventive maintenance plans. Revenue comes from trip fees, hourly labor, parts markups, emergency calls, and installation or relocation of machines.

Revenue Range

Low End
$90K
Typical
$320K
High End
$900K

BizBite underwriting snapshot

Worth underwriting

Coin Laundry Equipment Repair maps to the Laundromat model. The category can work for acquisition buyers, but the right answer depends on source freshness, verified economics, and the specific red flags below.

66
Fair / 100
Data confidence
medium
60/100
Financing fit
strong

Category-level fit before lender-specific diligence.

Confidence cap
78

Weak source data caps the final score.

Why it may work

  • +Attractive 34% estimated margin profile
  • +Category usually has strong acquisition-financing fit
  • +Lower labor intensity than many SMB categories
  • +5 clear operating upside levers identified

Be careful

  • !Source link status has not been verified yet
  • !No last-checked date yet
  • !No SBA category enrichment yet
  • !Capex-sensitive model

Category operating model

Laundromat

low labor
high capex
medium owner

Revenue drivers

  • Washer and dryer turns per day
  • Average vend price by machine size
  • Wash-and-fold or pickup/delivery attachment
  • Vending, ATM, detergent, and ancillary sales
  • Hours open and neighborhood density

Key risks

  • Old machines can create a near-term capex bomb
  • Short lease term can destroy acquisition value
  • Utility costs can quietly compress margins
  • Turns/day claims are easy to exaggerate without machine-level proof

What you need to believe

  • The location has durable renter/student/urban demand.
  • Machine replacement needs are reflected in the purchase price.
  • Lease control is long enough to recover the acquisition premium.
  • Reported cash sales are verifiable enough to underwrite.

Pros

  • +Large installed base of expensive machines that must stay running
  • +Parts markups and emergency labor lift margins
  • +Recurring accounts with apartment buildings and laundromat chains
  • +Can expand into machine sales, installation, or route ownership

Cons

  • -Requires diagnostic skill across multiple machine brands
  • -Parts availability can delay jobs and frustrate customers
  • -Owner may need to answer urgent calls outside normal hours

Best For

Mechanical service operators who want a focused B2B route around laundromats and apartment laundry rooms

Operating Costs

Costs include a stocked service van, common parts, diagnostic tools, technician wages, fuel, insurance, and vendor relationships with equipment distributors. Margin depends on first-visit fix rate and route density.

SBA Financing Estimator

Adjust the deal — see if it cash flows after debt service

+$198/mo
after debt service
Deal price — $860K
Range: $420K (1.8×) to $1.5M (3.6×+)
Down payment — 15% ($129K)
SBA minimum equity injection is 10% for change-of-ownership
Interest rate — 8.00%
Current prime-based SBA rates: 7.5–10.5%
Loan term — 10 years (120 mo)
Standard SBA 7(a): 10 years for business acquisition
Down payment
$129K
15% equity injection
Loan amount
$731K
85% SBA-financed
Monthly payment
$9K/mo
$333K total interest
Monthly profit
$9K/mo
at 34% margin
Monthly cash flow after debt service
+$198/mo
Down payment paid back in ~653 months — long horizon

Estimates only. Excludes owner compensation, capex, working capital draws, and taxes. Margin assumes average occupancy and volume. Actual SBA terms vary by lender and borrower profile.

Where to Buy

Martin-Ray – Laundromat Industry Statistics

Shows laundromat profit margins around 20%-35% and cash flow from $15K-$300K/year, underscoring the value of machine uptime

Nav – Laundromat Startup Costs

Commercial washers and dryers can cost thousands per machine, making repair cheaper than replacement for many owners

BizBuySell – Commercial Laundry Businesses

Marketplace for laundromats and commercial laundry operators that rely on service technicians to keep equipment operating

67/100Strong

Acquisition Score

Profit margin
23/30
Entry multiple
23/25
Market depth
8/20
Risk (charge-off)
8/15
Deal momentum
5/10

Scores margin (30), entry multiple (25), SBA market depth (20), category risk (15), and deal momentum (10). Higher = better acquisition candidate.

Quick Facts

Category
service
Difficulty
3/5
Buy price
$576K$1.2M

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