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.