Laundromat Financial Projection Template

Easily generate financial projections for your new laundromat or laundromat expansion using this financial forecast template built specifically for laundromats. This template is simple and does not require you to be a spread sheet wiz, but produces financial statements perfectly prepared for potential lenders and investors.

How it works?

Template price: $

79

  • 5 Year Projected Financial Statements
  • CPA Developed & Completely Customizable
  • Video Guide Included
  • Free Support & Projections Review
  • Compatible with Google Sheets

This easy to use laundromat template was built by our own CPA projections expert

Save time and create investor- and lender-ready projections in a matter of hours

Our CPA developed template enables you to create professional projections based on your unique assumptions.

Create investor- and lender-ready projections in hours, not days.

Built specifically for Laundromats- ProjectionHub has helped more than 50,000 different businesses create financial projections for their business plans, loan applications, and pitch decks so you can be confident the financial statements produced by this laundromat projection template are reliable.

How it works?

Watch a demo of the template

Save time & money - get organized with our template!

Get the Laundromat template now for $79

The template price: $

79

USD

100% money-back guarantee for 30 days!

 Revenue Projection Template Example

Step 1: Purchase and download the template

After purchase, you will download an unlocked Excel file with a ready-to-use financial projection template for your business model. You can also open the file to use in Google Sheets!

Get the template

Step 2: Enter your assumptions on the input tabs

Laundromat Revenue Projection

  • The laundromat revenue projection model will forecast your laundromats income based upon on overall capacity and utilization rate of the machines in your building. You will have the ability to project multiple different laundromat locations each with unique unit metrics, costs, and utilization rates. The revenue calculated by this section based upon your unique inputs will automatically be placed into the pro forma financial statements.

Laundromat Operating Expenses

  • The operating expenses section of the laundromat projection template will allow you to predict your monthly operating expenses that are separate from your direct cost of goods sold so you can accurately calculate your profitability. The first 6 months of expenses are broken out allowing you to incorporate short term startup expenses. You can also enter expenses as a fixed amount or as a percentage of revenue if any of your expenses scale as you grow. These expenses and calculated profitability will be placed onto the financial statements.

Laundromat General Assumptions

  • The laundromat starting assumptions tab collects key input numbers about your specific laundromat scenario. Here you will provide the model information like any key assets you have or plan to purchase, how many laundromat locations you will have, mortgage or lease rates, any loans or investments the busines will have, and receivables or payables. These important inputs will allow the model to calculate difficult items like depreciation, amortization, and interest expense as well as to build your custom projected balance sheet.

Laundromat Salaries Planning

  • Laundromat's typically do not require many employees to run smoothly. However, if you have many locations it's possible that you will have some employees on your team! The template will handle things like employer taxes, benefits, and any owner draws you plan to have.

Step 3: The model is automatically updated based on your assumptions

Laundromat Financial Summary Tab

  • This At-A-Glace tab shows you a financial summary in the form of data visualizations, ratios, and laundromat financial summaries, all ready to be copied into a pitch deck or business plan. 

Laundromat Financial Pro Formas

  • There are six different laundromat Financial Statement tabs: the annual formats of the income statement, cash flow statement, and balance sheet, and the month-by-month breakdowns of the same financial statements. Our balance sheets always balance, automatically. 

Investor & Lender Friendly

  • The financial reports and information are outlined and organized in a way that lenders are familiar reviewing. The laundromat financial pro forma statements display all of the necessary information that lenders will need in order to make a decision about your application.

 Income Projection Chart Example

Tables, charts, graphs and dashboards include:

Tables, charts, graphs and dashboards include:

  • Profit and loss at a glance table
  • Use of start-up funds graph
  • Key ratios table ​​
  • Cash generated from operating activities graph
  • 5 years of monthly and annual income statement, cash flow and balance sheet reports
  • Profit and loss at a glance table

  • Use of start-up funds graph

  • Key ratios table

  • ​Cash generated from operating activities graph

  • Investor dashboard

  • 5 years of monthly and annual income statement, cash flow and balance sheet reports

Step 4: If you need help, we're here

We can fill out or modify any of the templates we sell, and we’re always happy to answer questions.

When you call us, you can speak directly to the developers of the model, not a call center or customer service representative.

Contact us in the most convenient way for you. We're here to help you

If the model doesn’t work for you, we’re happy to provide a refund.

What others have to say about our templates

The cost of the template is estimated at $ 2000

If you hired a CPA to build this template from scratch it would take at least 20 hours of billable time to build a similar template. At an average hourly rate of $100 per hour it would cost you $2,000.

20 hours X $100 = $2,000 value

But we've already done all the work and you don't need to hire a CPA

Save time & money - get organized with our template!

Get the Laundromat template now for $79

The template price: $

79

USD

100% money-back guarantee for 30 days

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Our Projection Protection Guarantee

Love it or Swap it
If the template you purchase is not the perfect fit, our team will help recommend the right template and swap your template for no extra charge. You can rest assured we'll make sure you are using the right template.
Expert Review
After you fill out your template, you can upload your projections to our team where we will do a complete review and then send you a custom video recording of us providing feedback so you can feel confident your projections are investor & lender ready.
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Help as You Go
Our team will be standing by so you can get help as you fill out your projection template. Through email and custom video recordings, we will make sure you understand how to complete your projections.
See How

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The ProjectionHub Team

Grace Cisna, CPA

Before joining ProjectionHub, Grace served as an auditor for a public accounting firm in Indianapolis. There, she audited start-up tech companies, major regional hospitals, public manufacturers and everything in between.

As an auditor, she gained insight to the inner workings of all kinds of business models. Grace is a CPA, has a bachelor’s degrees in Accounting and French and a Master’s of Accountancy all from the University of Iowa, where she also taught introductory accounting classes to undergraduates.

Grace loves to use her accounting expertise to serve as an advisor to her clients, helping them understand what it takes to make a business succeed.

Adam Hoeksema — Co-founder ProjectionHub

Adam is the co-founder of ProjectionHub which is a SaaS web application that helps entrepreneurs create financial projections for their business.

Since 2012, over 40,000 entrepreneurs from around the world have used ProjectionHub to help create financial projections.

Adam also serves as the Executive Director of Bankable. Bankable is a Small Business Administration (SBA) lender that makes loans from $500 to $250,000 to Indiana small businesses that are unable to secure financing from a traditional bank.

Adam has managed the loan program since loan #1 in 2010. Since 2010, Bankable has closed over 1,200 loans totaling over $38,000,000. Adam is an entrepreneur at heart and loves working with entrepreneurs to launch and grow their business.

We are available to help you complete your projections

Troubleshoot

We'll answer your questions about how the template works

Customize

We can help you customize your template, add revenue models, expenses or custom charts, tables and graphs -> with our financial modeling services

Frequently Asked Questions

How many washers and dryers does the average laundromat have?

According to Martin Ray Laundry Systems the typical laundromat will have 40 to 100 washers and dryers.

What percentage of the US population uses a laundromat?

Approximately 85% of US Households have a washer which means that 15% of the US population uses a laundromat.

How much revenue per washer and dryer can a laundromat generate per month?

Following the math laid out in this article, we can estimate that the average laundromat washer and dryer should be able to generate at least $450 per month in revenue.

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