How to Use the Calculator
- Enter your estimated monthly revenue based on the number of machines and average usage.
- Input your monthly operating costs including electricity, water, cleaning supplies, and maintenance.
- Provide the initial investment amount required to start your laundromat.
- Specify the investment period for which you want to calculate the return.
- Click the "Calculate" button to see the profitability metrics.
Understanding the Results
- Monthly Profit: The profit your laundromat generates each month after covering operating costs.
- Annual Profit: The total profit over a year.
- Profitability Rate: Indicates how efficient your laundromat is at generating profit from revenue.
- Return on Investment (ROI): Shows the total return on your initial investment over the specified period.
This calculator provides a basic estimate of your laundromat's potential profitability. For a detailed business plan, consider consulting with a financial advisor or industry expert.