Washer and Dryer Rental Business
Buy new or used washer and dryer sets and rent them month-to-month to apartment tenants who lack in-unit laundry. Charge $60-$85/month per set, handle delivery, installation, and maintenance. Validate demand via Facebook Marketplace before purchasing inventory. Use Stripe for recurring billing. Insurance costs around $600/year for a $2M policy. Used sets at ~$400 each have better ROI than new sets at ~$800-1100.
Startup Budget
$5K – $30K
Difficulty
Beginner
Business Type
Hybrid
Location
Urban
Time Commitment
Part-time
Revenue Potential
$6,000-$10,000+/month with 100+ units at $60-85/month each, scalable to 700+ units
Skills Needed
Watch the Full Breakdown
Watch on YouTube — Chris Koerner
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