If there is no annual percentage increase in the CPI-W, the Board and Bureau will not adjust this exemption threshold from the prior year. Based on the annual percentage decrease in the CPI-W as of June 1, 2015, the exemption threshold will remain at $54,600 through December 31, 2016.
Typically, start-up costs for a laundromat can run from about $200,000 to over $1,000,000, according to Entrepreneur magazine. After assessing your start-up costs, your budget should include allowances for regular future expenses, such as loan financing payments, rent and maintenance.
On average, the price of a laundromat will depend on the washing machine size, the center, and your geographical location. On average, plan on spending around $1.50 to as much as $4 per load. Depending on the laundromat, most will have two to three different washer and dryer sizes. The larger the load is, the more you are going to have to spend. As for the dryer, it will usually cost around $0.50 to $1.50 per 15 to 30 minutes of drying time.