Coin-Operated Laundromats Industry

NAICS: 81231

For additional companies see the Laundromats & Drycleaners Industry

Coin-Operated Laundromats Market Share: Largest Companies in the Coin-Operated Laundromats Industry

Company	Headquarters	Revenue ($ MM)
MAC-GRAY	Waltham, MA	100
CSC SERVICEWORKS	Melville, NY	98
WASH MULTIFAMILY LAUNDRY SYSTEMS	Torrance, CA	40
CALDWELL & GREGORY	Manakin-sabot, VA	11
STAR LAUNDRY NYC	Paterson, NJ	11
JETZ SERVICE	Topeka, KS	9
RITTER LAUNDRY & SERVICE	Corpus Christi, TX	8
CRC-MANAGEMENT	Rego Park, NY	7
TIM-JER ENTERPRISES	Nedrow, NY	6
26822 COOLIDGE	Huntington Woods, MI	6
DEPENDABLE CLEANERS	Quincy, MA	5
WESTERN LINEN SERVICES	North Las Vegas, NV	5
ACW MANAGEMENT	High Point, NC	5
TLC CLEANERS	Norfolk, VA	4
SWAN SUPER CLEANERS	Columbus, OH	4
PALE	Lemoyne, PA	4
WESTERN STATE DESIGN	Hayward, CA	4
GAD LAUNDRY	Newark, NJ	4
NEIGHBORHOOD CLEANERS ASSOCIATION	New York, NY	4

This is a list of the largest companies active in the Coin-Operated Laundromats industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Coin-Operated Laundromats industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.

Growth: Fastest Growing Coin-Operated Laundromats Companies

A list of competitors in the Coin-Operated Laundromats industry that are rapidly expanding. Businesses may grow organically or through acquisition. Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly. Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.

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Small Business Financing

Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Coin-Operated Laundromats businesses may use the financing to cover startup expenses or the costs of hiring new employees. Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repaid. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.

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Venture Funding

These Coin-Operated Laundromats companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.

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