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Will the recent "green" movement have any future concequences for the coin laundry/carwash business?

As many others, I've been looking into coin laundry and car wash type businesses, but am concerned about what the future will hold when it comes to water costs, detergents and oil in water waste and other environmental concerns. I understand that in the drycleaning business, there are already movements toward waterless laundry serices to deal with these issues. Is there anyone in the business that has any insight into this?

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Answers (4)
Terry Kinder
First Choice Business Brokers of Charles
Charleston County, SC

I'm in SC and our Regulations are much like Don suggests. If it's existing or has been you're pretty much grandfathered and if it's new expect high impact fees.

Apr 3, 2009
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The BAF Group LLC
MD

I don't know anything about the Coin Laundry business. But I sold a Car Wash with recovery unit and the Seller said he saved 80% of his water costs, by installing the recovery system. He spent $250k on the installation. So, it is a matter of economics, as always. But in areas that already have water shortages, it may make a whale of a difference, now. It could be a new business line, itself. And, it is a selling point to people that may be most sensitive to ecological issues.

Apr 2, 2009
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I've been thinking about the same thing, coin laundries. With all the horrible economic things going on, so many are losing their homes. Many are moving into apartments. I would think the coin laundry business will be growing soon. Just a thought

Apr 2, 2009
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The BAF Group LLC
MD

Check your local regulations. In Maryland, Car Wash operations must have water recovery systems that re-use a high percentage of the water they utilize. Older operations are currently grandfathered, I believe. But any new ones or those undergoing expansion have to put in the recovery systems. This is probably going to become more stringently controlled on a national basis, and I would see Laundries doing the same, at some point. Drycleaning has different issues because of the chemicals that are used, and how they must be disposed.

Apr 2, 2009

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