When we talk about real estate investment, we think of condominium investment and apartment management.
I'm sure many of you can think of this.

However, managing condominiums and apartments comes with the risk of vacancies and repairs.
For those who can't quite jump in
Investing in a coin laundry is a relatively easy investment to make.

The market size is growing year by year and so is the demand,
What are the advantages and disadvantages?
Also, how much will it cost to start up a business?

In this articlecoin laundry investmentWe will explain in detail about this.

What is coin laundry investment?

Coin laundry investment, as the name suggests, involves operating a coin laundry.
It refers to a business that earns profits.

The coin laundry market has grown significantly in recent years.
Let's take a look at the table below.Source: Yano Research Institute: "Coin laundry market size trends and forecasts"

In 2016, it was about 77 billion yen,
In fiscal 2020, it is expected to rise to 100 billion yen.I understand this.
In addition, the figures are always higher than the previous year, and the market size is expected to increase in the future.
It’s a very promising business.

Also, even if you are planning to operate your own coin laundry,
If you choose to outsource management, this will usually be done by a coin laundry operator.

As the owner, you don't have to do anything.
There are ways to receive income, such as for salaried workers.
Investments that can be undertaken as a side jobis.
It can be seen as an investment that opens up a wide range of possibilities.

The pros and cons of investing in a coin laundry

So, what are the benefits of investing in a coin laundry?
And where there are advantages, there are also disadvantages.
Let me explain the advantages and disadvantages.

Firstly, the advantages are:
There is no risk of vacancies that comes with condominium investment or apartment management.That's the point.

Since there is a coin laundry in that area,
You can earn sales from your coin laundry.

Of course, it is essential that it is in working order.
In the first place, coin laundry operators will not give permission to open stores in locations that will be unprofitable.

We will open stores with a certain customer base in mind,
The chances of making a total loss and having to withdraw early are not very high.

Also,Hassle-free managementThese points are also cited as advantages.
By partnering with coin laundry operators and paying a certain fee
If they take care of the overall management, the owner hardly has to do anything.

No specialized knowledge is required and even inexperienced investors can investThis can also be considered an advantage.
Conversely, what are the disadvantages?

The biggest disadvantage isThe initial investment costs are highIt's a point.

When operating a coin laundry, you should consider the size of the land.
You have to buy washing machines and dryers, build a store, etc.

In the unlikely event that you fail and have to withdraw, you may incur a huge loss.
Also, since coin laundries are generally unmanned, there may be concerns about security.
There are also costs associated with installing security cameras and other security equipment.

The disadvantage is that these costs tend to be high.
Make sure you understand the advantages and disadvantages before investing in a coin laundry.

next timeCosts of opening a coin laundry businessI would like to introduce you to