Jennifer Haley’s Coin Laundromat
Before Getting into the Laundry Business…
Adams was a sales representative for Consolidated Freightways for 18 years and Con-Way Freight for eight years.
5:00 a.m. to midnight daily
One full-time attendant who lives in an apartment attached to the laundry
Total Square Footage
3,200 square feet
16 parking spaces
Lease or Own?
Adams owns the store.
Jennifer Haley’s Laundromat was an existing self-service laundry when Adams purchased it. However, he completely renovated the entire facility.
The Renovation Process
The construction process took three weeks. With the laundry equipment, it cost $280,000.
Turns Per Day
The store does 3+ turns per day.
Utility costs represent 19 percent of the business’ gross sales.
The average household income within the store’s trade area is $40,153, with 97 percent of the population being non-Hispanic. The estimated population within a three-mile radius of the laundry is 77,602. In addition, there is a high renter population within that same three-mile radius, and even more renters within a mile of the store.
There are two competing laundries in the store’s marketplace.
Washers and Dryers
10 Huebsch toploaders, $2.50
5 Huebsch 20-pound frontloaders, $3.00
4 Huebsch 40-pound frontloaders, $4.25
8 Huebsch 60-pound frontloaders, $6.25
2 Huebsch 80-pound frontloaders, $8.50
1 Huebsch 100-pound frontloader, $10.00
18 Huebsch 30-pound stack dryers, 50 cents
10 Huebsch 45-pound stack dryers, $1.00
5 Huebsch 75-pound dryers, $1.00
Water Heating System
Green Boiler Technologies water heating system
4 American Changer bill changers (3 quarter machines and 1 dollar coin machine)
12 R&B Wire Products laundry carts
9 Solomatic folding tables
1 Vend-Rite Manufacturing eight-row soap vending machine, $1.00
2 beverage vending machines (one Coca-Cola machine and one Pepsi machine), $1.75 for a 20-ounce bottle
1 snack vending machine, 75 cents for chips, and $1.00 for pastries and candy bars
3 42-inch, high-definition televisions
Children’s Play Area
The store features a 300-square-foot area designated for kids, which includes a pool table.
M&L Equipment Co., Akron, Ohio, (330) 633-6241