Good Coin
Is a coin laundry a good business to open in Miami?
Could anybbusiness to establish in Miami? or any ideas?ody tell me if a Coin laundry is a relatively good
The first step is to research the market. Try to find out the following information:
- What percentage of the population in Miami does not have their own washer/drier in their homes? If you don't have the number, observe how many customers does a coin laundry operator get in an 8-hours period
- How many coin laudromat are there in the city, and how far apart are they? If there are too many, you have to find a place where you can compete
Here are some free articles that can help you get more information about the laundry industry and help you prepare your plan for success:
Coin Laundry: An Industry Overview http://asbdc.ualr.edu/bizfacts/8005.asp = a good overview of the industry
IRS Market Segment Specialization Program: The Laundromat Industry http://www.irs.gov/pub/irs-mssp/laundry.pdf = deals with cashflow and books of a laudromat business including water consumption analysis
http://www.coinlaundromat.com – California Coin Laundry Association
You can also contact and join this organization:
Coin Laundry Association (CLA)
http://www.coinlaundry.org
1315 Butterfield Rd., Suite 212
Downers Grove, IL 60515
Tel (630) 963-5547
Fax: (630) 963-5864
The Coin Laundry Association has a paid report called Today’s Coin Laundry ($69)that covers everything from inspecting an existing laundry to closing the deal, while helping you:
Decide if the laundry business is for you
Select the right equipment distributor
Interpret demographics
Conduct lease negotiations
Recommended books:
Start Your Own Coin-Operated Laundry by Mandy Erickson
How to Start and Manage a Coin-Operated Laundries Business: A Practical Way to Start Your Own Business by Jerre G. Lewis
As for starting a business in Florida, check out the following resources:
Starting a Business in Florida http://www.dos.state.fl.us/startbus/index.html
Starting a Business in Florida http://www.stateofflorida.com/portal/desktopdefault.aspx?tabid=8
Business Registration page http://www.dos.state.fl.us/startbus/register.html
 |
 1880 CC VG MORGAN SILVER DOLLAR SCARCE KEY DATE LOW MINTAGE US1 COIN VERY GOOD $199.99 Time Remaining: 10h 6m Buy It Now for only: $199.99 |
 1893 P GOOD MORGAN SILVER DOLLARSCARCE KEY DATE LOW MINTAGE US1 COIN VERY RARE $199.99 Time Remaining: 11h 6m Buy It Now for only: $199.99 |
 1883 CC VG MORGAN SILVER DOLLAR SCARCE KEY DATE LOW MINTAGE US1 COIN VERY GOOD $129.99 Time Remaining: 15h 57m Buy It Now for only: $129.99 |
 1997 1 AMERICAN SILVER EAGLE UNCIRCULATED COIN GOOD DATE $26.00 (2 Bids) Time Remaining: 21h 3m |
 19 Morgan dollars 1879 1884 Good deal with 1 CC coin and more scarce pieces $549.99 Time Remaining: 1d 57m |
 1934 S PEACE SILVER DOLLAR A VERY GOOD COIN $65.00 Time Remaining: 1d 10h 9m |
 1878 CC Good AG Maybe Better Silver Morgan Dollar Better Date Coins $30.59 (2 Bids) Time Remaining: 1d 14h 23m |
 1922 D Peace Silver Dollar Good Coin 460 $0.99 Time Remaining: 1d 16h 3m |
 1922 D Peace Silver Dollar Good Coin 461 $0.99 Time Remaining: 1d 16h 13m |
 1 1888 O MORGAB DOLLAR GOOD COND IT 13 24 9 oz SILVER COIN $11.99 (1 Bid) Time Remaining: 1d 17h 49m |
 1 1891 O MORGAN DOLLAR GOOD COND IT 13 25 9 oz SILVER COIN $11.99 Time Remaining: 1d 17h 53m |
 Native American 2000 Now US Dollar Gold Coin Sacagawea Lady Good Value $0.01 Time Remaining: 2d 49m |
 Native American 2000 Now US Dollar Gold Coin Sacagawea Lady Good Value $0.01 Time Remaining: 2d 50m |
 Native American 2000 Now US Dollar Gold Coin Sacagawea Lady Good Value $0.01 Time Remaining: 2d 50m |
 1928 P Peace Dollar G VG Key Date Good Entry Leve Set Coin $219.00 (1 Bid) Time Remaining: 2d 13h 13m |
 1880 CC MORGAN SILVER DOLLAR VG VERY GOOD NICE COIN $175.00 Time Remaining: 2d 13h 31m Buy It Now for only: $175.00 |
 NEW 20 2012 999 FN SILVER EAGLE COINSBU1 +EXTRAS GOOD INVESTMENT $749.95 Time Remaining: 2d 15h 33m Buy It Now for only: $749.95 |
 1903 S MORGAN SILVER DOLLAR VG VERY GOOD VERY NICE COIN $95.00 Time Remaining: 2d 16h 33m Buy It Now for only: $95.00 |
 Morgan Dollars 1889 O Three Coin Lot Good + Cond 90Silver Estate Lot $71.00 Time Remaining: 2d 16h 35m |
 2008 United States one Dollar coin Martin Van Buren good cond $1.99 Time Remaining: 2d 17h 48m |
 2011 United States one Dollar coin Ulysses S Grant good cond $1.99 Time Remaining: 2d 17h 50m |
 Very Good 1945 Liberty Walking Half Dollar Sealed LIttleton Coin $20.00 Time Remaining: 2d 19h 24m Buy It Now for only: $25.00 |
 Vintage 1971 2000 Mixed Lot 6a of 14 Dollar Coins GOOD XF condition IKE $26.59 Time Remaining: 2d 23h 49m Buy It Now for only: $29.29 |
 1979 One Dollar Coin Susan B Anthony Good Condition $0.01 Time Remaining: 3d 1h 47m |
 Native American 2000 Now US Dollar Gold Coin Sacagawea Lady Good Value $0.01 Time Remaining: 3d 12h 16m |
 Native American 2000 Now US Dollar Gold Coin Sacagawea Lady Good Value $0.01 Time Remaining: 3d 12h 21m |
 1926s Peace silver dollar V G to F good details clean coin with eye appeal NR $19.95 Time Remaining: 3d 13h 13m |
 1922s Peace silver dollar V G to F good details clean coin with eye appeal NR $19.95 Time Remaining: 3d 13h 18m |
 1922 US Liberty Peace Silver One Dollar Coin Colllectible Good Condition $24.99 Time Remaining: 3d 18h 10m |
 1897 Morgan SILVER Dollar Nice Coin Good Date AU Possible BU Super Gift Idea D24 $46.53 Time Remaining: 3d 18h 45m Buy It Now for only: $46.53 |
 1898 Morgan SILVER Dollar Nice Coin Good Date AU Possible BU Super Gift Idea D24 $46.53 Time Remaining: 3d 18h 56m Buy It Now for only: $46.53 |
 1921 PEACE 90 SILVER DOLLAR COIN USA LOOKS GOOD YOU GRADE NR $10.79 (3 Bids) Time Remaining: 3d 19h 28m |
 1891 MORGAN 90 SILVER DOLLAR COIN USA LOOKS GOOD YOU GRADE NR $9.50 (2 Bids) Time Remaining: 3d 19h 32m |
 1894 O Good+ Morgan Dollar in Eagle Coin Holder Free Shipping $39.59 Time Remaining: 3d 21h 30m Buy It Now for only: $39.59 |
 33 1 DOLLAR PRESIDENTIAL DOLLARS MIX GOOD CONDITION GOLD COINS $59.00 Time Remaining: 4d 2h 7m Buy It Now for only: $59.00 |
 1879 Morgan Dollar good details FREE SHIPPING US Coins silver dollars $49.99 Time Remaining: 4d 17h 42m |
 1922 Silver Peace Dollar Good Condition 90 Silver Coin $0.99 (1 Bid) Time Remaining: 4d 19h 47m |
 1893 S Morgan Dollar Good 6 pleasing key date coin $660.00 (10 Bids) Time Remaining: 4d 20h 30m |
 1878 CC Morgan Silver Dollar A VERY GOOD Coin $0.99 Time Remaining: 4d 20h 55m |
 1885 O Morgan Silver Dollar A GOOD Coin $0.99 Time Remaining: 4d 21h 18m |
 1894 O Morgan Silver Dollar A VERY GOOD Coin $0.99 Time Remaining: 4d 21h 36m |
 1899 O Morgan Silver Dollar A VERY GOOD Coin $0.99 Time Remaining: 4d 21h 43m |
 LOT OF TWO 1880 US ONE SILVER MORGAN DOLLAR GOOD DETAILS COLLECTIBLE COIN $0.99 (1 Bid) Time Remaining: 5d 12h 9m |
 LOT OF TWO 1882 US ONE SILVER MORGAN DOLLAR GOOD DETAILS COLLECTIBLE COIN $0.99 (1 Bid) Time Remaining: 5d 12h 14m |
 1894 O US ONE SILVER MORGAN DOLLAR COLLECTIBLE COIN WITH VERY GOOD DETAILS $1.04 (2 Bids) Time Remaining: 5d 12h 27m |
 1885 US ONE SILVER MORGAN DOLLAR COLLECTIBLE COIN WITH VERY GOOD DETAILS $0.99 (1 Bid) Time Remaining: 5d 12h 31m |
 1887 O US ONE SILVER MORGAN DOLLAR COLLECTIBLE COIN WITH VERY GOOD DETAILS $0.99 (1 Bid) Time Remaining: 5d 12h 34m |
 LOT OF TWO 1889 US ONE SILVER MORGAN DOLLAR GOOD DETAILS COLLECTIBLE COIN $12.83 (2 Bids) Time Remaining: 5d 12h 39m |
 LOT OF TWO 1890 US ONE SILVER MORGAN DOLLAR GOOD DETAILS COLLECTIBLE COIN $0.99 (1 Bid) Time Remaining: 5d 12h 43m |
 LOT OF TWO 1891 US ONE SILVER MORGAN DOLLAR GOOD DETAILS COLLECTIBLE COIN $0.99 (1 Bid) Time Remaining: 5d 12h 47m |
 1892 S US ONE SILVER MORGAN DOLLAR COLLECTIBLE COIN WITH VERY GOOD DETAILS $0.99 (1 Bid) Time Remaining: 5d 14h 17m |
 1895 S US ONE SILVER MORGAN DOLLAR COLLECTIBLE COIN WITH VERY GOOD DETAILS $18.17 (4 Bids) Time Remaining: 5d 14h 20m |
 1896 US ONE SILVER MORGAN DOLLAR COLLECTIBLE COIN WITH VERY GOOD DETAILS $0.99 (1 Bid) Time Remaining: 5d 14h 23m |
 1900 O US ONE SILVER MORGAN DOLLAR COLLECTIBLE COIN WITH VERY GOOD DETAILS $0.99 (1 Bid) Time Remaining: 5d 14h 27m |
 1901 O US ONE SILVER MORGAN DOLLAR COLLECTIBLE COIN WITH VERY GOOD DETAILS $2.25 (2 Bids) Time Remaining: 5d 14h 32m |
 LOT OF TWO 1921 US ONE SILVER MORGAN DOLLAR GOOD DETAILS COLLECTIBLE COIN $0.99 (1 Bid) Time Remaining: 5d 14h 41m |
 LOT OF TWO 1922 US ONE SILVER PEACE DOLLAR VERY GOOD DETAILS COLLECTIBLE COIN $1.29 (2 Bids) Time Remaining: 5d 14h 53m |
 LOT OF TWO 1923 US ONE SILVER PEACE DOLLAR VERY GOOD DETAILS COLLECTIBLE COIN $0.99 (1 Bid) Time Remaining: 5d 15h 3m |
 1904 S Morgan Silver Dollar Very Good Fine VG F Condition Nice Circulated Coin $39.95 Time Remaining: 5d 20h 38m |
 1974 D EISENHOWER DOLLAR COIN VERY GOOD CONDITION $5.00 Time Remaining: 5d 20h 46m Buy It Now for only: $5.00 |
 Native American 2000 Now US Dollar Gold Coin Sacagawea Lady Good Value $0.01 Time Remaining: 5d 23h 1m |
 1978 Eisenhower Dollar a VERY GOOD to FINE coin for your collection $3.90 Time Remaining: 6d 1h 59m Buy It Now for only: $4.99 |
 VERY NICE 1887 MORGAN SILVER DOLLAR PHILADELPHIA GOOD DETAIL SWEET COIN NR $0.99 (1 Bid) Time Remaining: 6d 11h 36m |
 United States of America 1898 Morgan Silver One Dollar Coin In Good Condition $22.00 (1 Bid) Time Remaining: 6d 12h 2m |
 Extra Good looking 1978 S Eisenhower Clad Dollar Coin PCGS Slab PR 69 DCAM $40.00 Time Remaining: 6d 15h 57m Buy It Now for only: $40.00 |
 1885 S Good+ Morgan Dollar in Eagle Coin Holder Free Shipping $48.35 Time Remaining: 6d 17h 2m Buy It Now for only: $48.35 |
 1882 O Good Morgan Dollar in Eagle Coin Holder Free Shipping $37.93 Time Remaining: 6d 17h 2m Buy It Now for only: $37.93 |
 1879 O Good Morgan Dollar in Eagle Coin Holder Free Shipping $44.99 Time Remaining: 6d 17h 2m Buy It Now for only: $44.99 |
 1884 O Good+ Morgan Dollar in Eagle Coin Holder Free Shipping $38.48 Time Remaining: 6d 17h 3m Buy It Now for only: $38.48 |
 1879 S Rev Of 1879 Good Morgan Dollar in Eagle Coin Holder Free Shipping $37.99 Time Remaining: 6d 17h 3m Buy It Now for only: $37.99 |
 1880 O Micro O Good Morgan Dollar in Eagle Coin Holder Free Shipping $38.49 Time Remaining: 6d 17h 3m Buy It Now for only: $38.49 |
 1882 O Good+ Details Dinged Morgan Dollar in Eagle Coin Holder Free Shipping $37.94 Time Remaining: 6d 17h 3m Buy It Now for only: $37.94 |
 1884 S Good+ Morgan Dollar in Eagle Coin Holder Free Shipping $38.99 Time Remaining: 6d 17h 3m Buy It Now for only: $38.99 |
 1883 O Good+ Morgan Dollar in Eagle Coin Holder Free Shipping $36.94 Time Remaining: 6d 17h 3m Buy It Now for only: $36.94 |
 SUPER 100 oz 2012 999 FN SILVER EAGLE COINSBU1 +EXTRAS GOOD INVESTMENT $3,475.00 Time Remaining: 6d 17h 59m Buy It Now for only: $3,475.00 |
 1889 O Good+ Morgan Dollar in Eagle Coin Holder Free Shipping $36.99 Time Remaining: 6d 18h 41m Buy It Now for only: $36.99 |
 1892 O Good+ Morgan Dollar in Eagle Coin Holder Free Shipping $41.95 Time Remaining: 6d 18h 41m Buy It Now for only: $41.95 |
 1890 O Good+ Morgan Dollar in Eagle Coin Holder Free Shipping $36.46 Time Remaining: 6d 18h 41m Buy It Now for only: $36.46 |
 1891 S Good+ Morgan Dollar in Eagle Coin Holder Free Shipping $42.97 Time Remaining: 6d 18h 41m Buy It Now for only: $42.97 |
 1890 S Good Morgan Dollar in Eagle Coin Holder Free Shipping $36.89 Time Remaining: 6d 18h 41m Buy It Now for only: $36.89 |
 1891 P Good+ Morgan Dollar in Eagle Coin Holder Free Shipping $36.88 Time Remaining: 6d 18h 41m Buy It Now for only: $36.88 |
 1892 O Good+ Morgan Dollar in Eagle Coin Holder Free Shipping $41.94 Time Remaining: 6d 18h 41m Buy It Now for only: $41.94 |