Open your own laundromat business
Building a resilient, high-yield business starts with the right idea. Opening a laundromat isn’t just about offering a service—it’s about creating a steady, scalable source of income in a market that keeps running. With this guide, you’ll learn how to turn that vision into a business built to last.
01 / Understand the laundromat business
Before investing, it’s worth knowing the numbers.
Laundromats have an 85–95% five-year success rate—well above the 50% small business average. In Europe, returns range from 20–35%, with remote management allowing you to run operations in just a few hours a week.
02 / Research your market and find the right location
Location is an important factor in store performance.
Speed Queen helps you find ideal site options: considering high population density, strong renter presence, and diverse incomes, with 60–90% of customers living within 1–2 km. Speed Queen experts also assess infrastructure—water, electricity, and drainage—to help investors avoid costly mistakes.
03 / Choose your business model and equipment
Your equipment plays a key role in day-to-day operations.
That’s why Speed Queen machines are built for commercial use—to support long service life and help reduce downtime. Select models also include features designed to help manage water and energy use.
Actual performance, maintenance needs and operating costs will vary by usage and conditions.
04 / Prepare for launch and operations
Navigating a new business can feel daunting.
But you’re not on your own. Speed Queen’s local experts guide you through zoning, environmental approvals, and compliance for a smooth launch. After launch, our remote software lets you track revenue, adjust pricing, and manage machines right from your phone.
Speed Queen offers a laundromat model designed to support long-term success, whether you’re entering the industry for the first time or upgrading an existing store.
01 /
Support at every stage
From the business plan and financing support to design and installation.
02 /
Professional technology
Equipment built for durability and efficiency, to reduce costs and maximize revenue.
03 /
No-franchise model
The investor keeps 100% ownership and pays no royalties, for a strong potential ROI.
04 /
Proven success
Strong record of over 1,300 stores opened in Europe with more than 700 successful laundromat owners.
Success stories
Meet our Ambassadors
Meet the people behind the progress. Discover their stories, insights, and what it’s like to build success with us.
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