If there is no annual percentage increase in the CPI-W, the Board and Bureau will not adjust this exemption threshold from the prior year. Based on the annual percentage decrease in the CPI-W as of June 1, 2015, the exemption threshold will remain at $54,600 through December 31, 2016.
Typically, start-up costs for a laundromat can run from about $200,000 to over $1,000,000, according to Entrepreneur magazine. After assessing your start-up costs, your budget should include allowances for regular future expenses, such as loan financing payments, rent and maintenance.
Step 8. Choose your accessories. Optional items you might want to include in your start-up laundromat include a soda vending machine for between $3,000 and $4,000, a security system typically running between $6,000 and $10,000, a television set for between $200 and $500, or a wi-fi connection for about $40 to start.