Garment Machinery Company, Inc. Business Opportunities in 2024
A laundromat investment offers stability, flexibility and other outstanding benefits that alternative investment opportunities simply cannot match. For more than 60 years, laundromats have consistently proven to be high-return investments. In fact, laundromat businesses located within the U.S. average a 20 to 35 percent return on investment.
Requirements
Financial requirements for this opportunity:
| Liquid Capital: | $100,000 What does Liquid Capital mean? |
|---|---|
| Net Worth: | $500,000 What does Net Worth mean? |
| Total Investment: | $350,000 What does Total Investment mean? |
Options
Options available to owners:
| Financing: | Available |
|---|---|
| Training: | Available |
| Veteran Discount: | 10% Off License Fee |
Company Details
Facts about this opportunity:
| Total Units: | 26,000 |
|---|---|
| Home Office: | Needham, MA |
| Year Founded: | 1939 |
What Does a Garment Machinery Company, Inc. Opportunity Cost?
To buy an opportunity with Garment Machinery Company, Inc., you'll need to have at least liquid capital of $100,000 and a minimum net worth of $500,000. Owners can expect to make a total investment of at least $350,000. They also offer financing as well as a discount for veterans (10% Off License Fee). *
Are You Starting A Laundromat?
If you are starting a Laundromat or upgrading your equipment, Garment Machinery is your best option. Not only will we provide you the best equipment, but through our long-standing partnership with Laundrylux, you will gain access to the highest quality business services — from financing to free marketing support.
Why The Coin Laundry Business?
Did you know the Laundromat business is one of the most stable, profitable, and recession-proof businesses? With repeat weekly customers, you can quickly build a business to thrive for years to come. And if you want to start building your loyal customer base, nothing beats the brand recognition and quality reputation of Electrolux and Wascomat Coin Laundry Machines.
- No Franchise Fee
- No Inventory
- Low Labor Costs
Website
Our Services
- Coin Laundry Equipment
- Equipment Repair Services
- Replacement Parts
- In-House Brokerage
- Laundromat Construction
- Free store interior design.
- Free exterior sign design services.
- Free templates for ads, postcards, & other materials to promote your store!
What Sets Us Apart?
- The best products with the best pricing available.
- Effective, reliable service
- A proactive customer service team, with a sense of urgency for earning your satisfaction.
- Professional-quality repair services.
- A surprisingly pleasant and stress-free experience from start to finish.
Over 30% of our new customers come to us via referral or word-of- mouth. We realize that our customers are our best salespeople, and our business depends upon their trust and satisfaction.
Ideal Candidate
The ideal laundromat investor is someone looking for an opportunity with a combination of stability, flexibility and profitability. If a low cost business requiring minimal time and effort sounds appealing, you may be a good candidate. If you’re looking for a small business investment that is recession resistant with a high success rate, the vended laundry business may be right for you.
Interested? Fill out the form today!
Availability
Garment Machinery Company, Inc. is currently accepting inquiries from the following states:
Interested parties should have at least $100,000 in liquid capital to invest.
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