SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10-Q/A

{ X }    QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
         SECURITIES AND EXCHANGE ACT OF 1934

For the period ended September 30, 1998

                                       or

{   }    TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE
         SECURITIES EXCHANGE ACT OF 1934

For the transition period from ____________ to _____________.

Commission File Number 1-11907

                          Coinmach Laundry Corporation
             (Exact name of registrant as specified in its charter)

               Delaware                                           11-3258015
     (State or other jurisdiction of                           (I.R.S. Employer
     incorporation or organization)                          Identification No.)

        55 Lumber Road, Roslyn, New York                             11576
    (Address of principal executive offices)                       (zip code)

Registrant's telephone number, including area code:  (516) 484-2300


Indicate by check mark whether the registrant (1) has filed all reports required
to be filed  by  Section  13 or 15 (d) of the  Securities  Exchange  Act of 1934
during the preceding 12 months (or for such shorter  period that the  registrant
was  required  to file such  reports),  and (2) has been  subject to such filing
requirements for the past 90 days. 
Yes X No __.

As of the close of business on November 6, 1998,  Coinmach  Laundry  Corporation
had outstanding  12,687,135  shares of Class A common stock,  par value $.01 per
share (the "Common  Stock"),  and 480,648  shares of  non-voting  Class B Common
Stock, par value $.01 per share (the "Non-Voting Common Stock").



<PAGE>

         The  undersigned  registrant  hereby  amends  Item  2 of  Part I of its
Quarterly Report on Form 10-Q for the quarterly period ended September 30, 1998,
as filed with the  Securities  and Exchange  Commission  on November 6, 1998, to
read in its entirety as follows:

ITEM 2.    MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
           CONDITION AND RESULTS OF OPERATIONS

         Except for the historical information contained herein, certain matters
discussed in this document are  forward-looking  statements that involve certain
risks and uncertainties,  including the risks and uncertainties discussed below,
as well as other risks set forth in the Company's Annual Report on Form 10-K for
the year ended March 31, 1998.

General

         The Company, through its operating subsidiaries, is principally engaged
in supplying  outsourced  laundry  equipment  services to  multi-family  housing
properties.  The Company owns and  operates  approximately  753,000  washers and
dryers  in  approximately  75,000  multi-family  housing  properties  on  routes
throughout  the  United  States and 150 retail  laundromats  located  throughout
Texas.

         The Company provides outsourced laundry equipment services to locations
by leasing laundry rooms from building owners and property management  companies
typically on a long-term,  renewable basis. In return for the exclusive right to
provide these services,  most of the Company's  contracts provide for commission
payments to the location  owners.  Commission  expense (also referred to as rent
expense),  the  Company's  single  largest  expense item, is included in laundry
operating expenses and represents  payments to location owners.  Commissions may
be fixed amounts or percentages of revenues and are generally paid monthly. Also
included in laundry operating expenses are the costs of servicing and collecting
in the route business,  including,  payroll,  parts,  vehicles and other related
items, the cost of sales associated with the equipment distribution business and
certain expenses related to the operation of retail laundromats.  In addition to
commission  payments,  many of the Company's  leases require the Company to make
advance  location  payments to the location  owners.  These advance payments are
capitalized and amortized over the life of the applicable lease.

         Other  revenue  sources for the Company  include:  (i) leasing  laundry
equipment  and other  household  appliances  and  electronic  items to corporate
relocation  entities,  individual  property  owners and managers of multi-family
housing  properties  (approximately  $5.2  million and $1.5  million for the six
months ended  September  30, 1998 and September  26, 1997,  respectively);  (ii)
operating,  maintaining and servicing  retail  laundromats  (approximately  $9.4
million  and $10.5  million  for the six months  ended  September  30,  1998 and
September  26, 1997,  respectively);  and (iii)  constructing  complete  turnkey
retail  laundromats,  retrofitting retail  laundromats,  distributing  exclusive
lines of commercial coin and non-coin  operated  machines and parts, and selling
service contracts (approximately $14.5


                                      -2-

<PAGE>


NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)
(continued)

million  and $12.4  million  for the six months  ended  September  30,  1998 and
September 26, 1997, respectively).

Results of Operations

         The  following  discussion  should  be read  in  conjunction  with  the
attached unaudited condensed consolidated financial statements and notes thereto
and with the  Company's  audited  consolidated  financial  statements  and notes
thereto  included in the Company's  Annual Report on Form 10-K as of and for the
year ended March 31, 1998.


Comparison of the three and six month periods ended September 30, 1998 and
September 26, 1997

         Revenues  increased by approximately  61% and 62% for the three and six
month  periods  ended  September  30,  1998,  as  compared  to the prior  year's
corresponding  periods. This improvement in revenues resulted primarily from the
Company's  execution of its  acquisition  strategy and increased  route revenues
resulting from internal expansion.  Based on the historical revenues of acquired
businesses,  the  Company  estimates  that  approximately  $84.2  million of its
revenue  increase  for the  current  six month  period is  primarily  due to the
National Coin  Acquisition  (as defined) in July 1997, the ALI  Acquisition  (as
defined) in January 1998, the Macke  Acquisition (as defined) in March 1998, the
Cleanco  Acquisition  in May  1998  and the G&T  Acquisition  in June  1998.  In
addition,  during the current six month period, the Company's  installed machine
base increased by approximately  15,600 machines from internal growth (excluding
the machines added from the Cleanco  Acquisition and the G&T Acquisition  during
such period) as compared to an increase of  approximately  9,400 machines during
the  prior  year's  corresponding  period.   Included  in  internal  growth  are
acquisitions of small,  local route  operators and new customers  secured by the
Company's sales force.

         Laundry operating  expenses  increased by approximately 58% and 59% for
the three and six month  periods  ended  September  30, 1998, as compared to the
prior  year's  corresponding  periods.  The  increase  was due  basically  to an
increase in laundry operating expenses (primarily commission expense) related to
the National Coin Acquisition,  the ALI Acquisition,  the Macke Acquisition, the
Cleanco Acquisition and the G&T Acquisition.

         General and  administrative  expenses  increased by approximately  $0.6
million and $1.1 million for the three and six month periods ended September 30,
1998, as compared to the prior year's  corresponding  periods.  The increase for
the periods was due to various  expenses  associated with (i) costs and expenses
relating to the Company's  acquisition  strategy,  including systems development
and refinement relating to the integration of prior


                                       -3-

<PAGE>


ITEM 2.    MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
           RESULTS OF OPERATIONS (continued)

Results of Operations (continued)

acquisitions,  and (ii)  additional  expenses,  such as  accounting,  management
information systems and other administrative  functions related to the Company's
growth.  However,  as a  percentage  of  revenues,  general  and  administrative
expenses were 1.6% for both the three and six month periods ended  September 30,
1998 as compared to 1.8% and 2.0% for the prior year's corresponding periods.

         Depreciation and amortization  expenses  increased by approximately 56%
and 59% for the  three  and six month  periods  ended  September  30,  1998,  as
compared to the prior year's corresponding periods due primarily to the contract
rights and goodwill associated with the above-mentioned acquisitions, as well as
an increase in capital expenditures with respect to the Company's installed base
of machines.

         During  1996 and 1997,  the  Company  granted  to  certain  members  of
management of the Company and certain other individuals non-qualified options to
purchase shares of Common Stock at a 15% discount to the initial  offering price
of the Common Stock. With respect to such options granted to its employees,  the
Company  records such  discount as a  stock-based  compensation  charge over the
applicable  four year  vesting  period.  The Company  also granted to two of its
disinterested  directors  Independent Director Options to purchase up to a total
of 120,000 shares of Common Stock.  The Company  records the difference  between
the exercise price of such options and the fair market value of the Common Stock
on the date of grant as a stock-based  compensation  charge over the  applicable
three  year  vesting  period.  On May  4,  1998,  the  Company  granted  248,500
non-qualified  stock options to certain  employees  pursuant to the Stock Option
Plan and 31,244  non-qualified  stock options to a director of the Company at an
exercise  price of  $22.30938  per  share.  Such  options  vest in equal  annual
installments  (20% vest immediately on June 10, 1998 and the remainder vest over
a four year period).  The Company  records the  difference  between the exercise
price of such  options and the fair market  value of the Common  Stock on May 4,
1998 as a stock-based  compensation charge over the applicable four year vesting
period.  During the six months ended  September 30, 1998 and September 26, 1997,
the Company recorded a stock-based compensation charge of approximately $618,000
and $545,000, respectively, relating to these options.

         Operating income margins were approximately 9.8% and 9.7% for the three
and six month  periods ended  September  30, 1998, as compared to  approximately
7.3% and 7.6% for the three and six month period ended September 26, 1997.

         Interest expense,  net,  increased by approximately 52% and 54% for the
three and six month periods  ended  September 30, 1998, as compared to the prior
year's  corresponding  periods due primarily to increased borrowing levels under
the Amended and Restated Credit

                                       -4-

<PAGE>



ITEM 2.    MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
           RESULTS OF OPERATIONS (continued)

Facility in connection with certain acquisitions,  as well as increased interest
expense due to the offering by the Company of $100 million  aggregate  principal
amount  of 11 3/4%  Series C Senior  Notes due 2005  (the  "Series C Notes")  in
October 1997.

         EBITDA  (earnings  before   deductions  for  interest,   income  taxes,
depreciation and amortization) before deduction for the stock-based compensation
charges was  approximately  $79.2 million for the six months ended September 30,
1998, as compared to approximately $46.6 million for the corresponding period in
1997,  representing an improvement of approximately 70%. EBITDA margins improved
to approximately  32.6% for the six months ended September 30, 1998, compared to
approximately 31.1% for the prior year's corresponding period. EBITDA is used by
certain investors as an indicator of a company's  historical  ability to service
debt.  Management  believes  that an increase in EBITDA is an  indication of the
Company's improved ability to service existing debt, to sustain potential future
increases in debt and to satisfy capital  requirements.  However,  EBITDA is not
intended to represent cash flows for the period, nor has it been presented as an
alternative  to  either  (a)  operating  income  (as  determined  by GAAP) as an
indicator of operating  performance or (b) cash flows from operating,  investing
and  financing  activities  (as  determined  by GAAP) as a measure of liquidity.
Given that EBITDA is not a measurement determined in accordance with GAAP and is
thus  susceptible  to  varying  calculations,  EBITDA  as  presented  may not be
comparable to other similarly titled measures of other companies.

Liquidity and Capital Resources

         The Company continues to have substantial indebtedness and debt service
requirements.  At September 30, 1998, the Company had outstanding long-term debt
(excluding  the premium on the Series C Notes) of  approximately  $686.3 million
and stockholders' equity of approximately $52.7 million.

         The Company's level of indebtedness will have several important effects
on its future operations,  including,  but not limited to, the following:  (a) a
significant  portion of the Company's cash flow from operations will be required
to pay interest on its indebtedness;  (b) the financial  covenants  contained in
certain of the agreements governing the Company's  indebtedness will require the
Company  to meet  certain  financial  tests and may limit its  ability to borrow
additional  funds or to dispose of assets;  (c) the Company's  ability to obtain
additional  financing in the future for working capital,  capital  expenditures,
acquisitions  or  general  corporate  purposes  may be  impaired;  and  (d)  the
Company's  ability  to adapt to  changes  in the  outsourced  laundry  equipment
services industry and to economic conditions in general will be limited.


                                       -5-

<PAGE>



ITEM 2.    MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
           RESULTS OF OPERATIONS (continued)

Liquidity and Capital Resources (continued)

         As the Company has focused on increasing  its cash flow from  operating
activities,  it has made significant capital investments primarily consisting of
capital  expenditures  related to acquisitions,  renewal and growth. The Company
anticipates  that it will  continue  to utilize  cash flows from  operations  to
finance its capital  expenditures and working capital needs,  including interest
payments  on its  outstanding  indebtedness.  Capital  expenditures  for the six
months ended  September  30, 1998 were  approximately  $129.2  million.  Of such
amount, the Company spent approximately $86.1 million in acquisition and related
transaction  costs,  primarily  due to  the  Cleanco  Acquisition  and  the  G&T
Acquisition,  and approximately $14.3 million related to the net increase in the
installed  base of machines of  approximately  15,600  machines.  The balance of
approximately  $28.8 million (which  consists of machine  expenditures,  advance
location  payments  and laundry  room  improvements)  was used to  maintain  the
existing  machine  base  in  current   locations  and  through   replacement  of
discontinued  locations and for general corporate  purposes.  The full impact on
revenues and cash flow generated from capital  expended on acquisitions  and the
net  increase in the  installed  base are not  expected to be  reflected  in the
Company's  financial results until subsequent  reporting  periods,  depending on
certain factors, including the timing of the capital expended. While the Company
estimates that it will generate sufficient cash flows from operations to finance
anticipated  capital  expenditures,  there can be no assurances  that it will be
able to do so.

         The Company's  working  capital  requirements  are, and are expected to
continue to be, minimal since a significant  portion of the Company's  operating
expenses are not paid until after cash is collected from the installed machines.
In connection with certain of the financing  agreements  governing the Company's
indebtedness,  Coinmach is required to make  monthly cash  interest  payments as
required  by the Amended and  Restated  Credit  Facility  and  semi-annual  cash
interest payments on the Senior Notes.

         Management believes that the Company's future operating activities will
generate sufficient cash flow to repay indebtedness outstanding under the Senior
Notes and borrowings under the Amended and Restated Credit Facility or to permit
any necessary  refinancings  thereof.  An inability of the Company,  however, to
comply with covenants or other  conditions under the Amended and Restated Credit
Facility or contained in the  indenture  governing the Senior Notes could result
in an acceleration  of all amounts due  thereunder.  If the Company is unable to
meet its debt service obligations,  it could be required to take certain actions
such as reducing or delaying capital expenditures,  selling assets,  refinancing
or restructuring  its indebtedness,  selling  additional equity capital or other
actions.  There is no assurance  that any of such  actions  could be effected on
commercially  reasonable  terms,  if at all,  or on terms  permitted  under  the
Amended and  Restated  Credit  Facility or the  indenture  governing  the Senior
Notes.

                                       -6-

<PAGE>



ITEM 2.   MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
          RESULTS OF OPERATIONS (continued)

Liquidity and Capital Resources (continued)

         The  Company's  depreciation  and  amortization  expenses  (aggregating
approximately  $55.1  million for the six months ended  September 30, 1998) have
the effect of reducing net income but not  operating  cash flow.  In  accordance
with GAAP, a significant amount of the purchase price of businesses  acquired by
the Company is allocated to "contract  rights",  which costs are amortized  over
periods of 15 years.

         Summary of Recent Acquisitions

         On July 17,  1997,  Coinmach  completed  the  acquisition  of  National
Laundry Equipment Company, Whitmer Vend-O-Mat Laundry Services, Inc. and certain
other  related  parties  (the  "National  Coin  Acquisition")  for an  aggregate
purchase price of approximately $19 million, excluding transaction expenses. The
National  Coin  Acquisition,  which was financed  through  borrowings  under the
Company's then existing credit  facility,  enabled the Company to further expand
its operations by providing laundry equipment  services to multi-family  housing
properties in the states of Ohio, Indiana,  Kentucky,  Michigan,  West Virginia,
Pennsylvania,   Georgia,  Tennessee,   Illinois  and  Florida,  as  well  as  by
distributing  exclusive lines of commercial coin and non-coin  laundry  machines
and parts.

         On January 15, 1998,  Coinmach  completed the  acquisition of the route
business of  Apartment  Laundries,  Inc.  ("ALI"),  pursuant  to which  Coinmach
acquired  substantially all the assets of ALI for a cash purchase price of $16.2
million,  excluding  transaction  expenses  (the  "ALI  Acquisition").  The  ALI
Acquisition  was  financed  through  working  capital and  borrowings  under the
Company's  then  existing  credit  facility.  ALI  provided  outsourced  laundry
equipment services for multi-family housing units in Oklahoma, Texas, Kansas and
Arkansas.

         On March 2, 1998,  Coinmach  completed the acquisition of Macke Laundry
Service,  L.P. and  substantially  all of the assets of certain related entities
(collectively, "Macke") for a cash purchase price of approximately $213 million,
excluding transaction expenses (the "Macke Acquisition").  The Macke Acquisition
was financed  with cash and  borrowings  under the Amended and  Restated  Credit
Facility,  which was amended and restated in connection with such acquisition to
provide for additional  borrowing  capacity on substantially  similar terms. The
Macke Acquisition  enabled the Company to further expand its route operations by
providing   outsourced  laundry  equipment  services  to  multi-family   housing
properties throughout the United States and added approximately 236,000 machines
to the Company's base.

                                       -7-

<PAGE>



ITEM 2.      MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
             RESULTS OF OPERATIONS (continued)

Liquidity and Capital Resources (continued)

         On May 19,  1998,  Coinmach  completed  the  Cleanco  Acquisition.  The
Cleanco  Acquisition was financed with cash and borrowings under the Amended and
Restated  Credit  Facility.  Cleanco,  headquartered  in Miami,  Florida,  was a
leading provider of outsourced  laundry equipment  services in southern Florida.
The Cleanco  Acquisition  added  approximately  21,000 machines to the Company's
installed base.

         On June 5,  1998,  Coinmach  completed  the G&T  Acquisition  which was
financed  with  cash and  borrowings  under  the  Amended  and  Restated  Credit
Facility. G&T, headquartered in New Jersey, was a leading provider of outsourced
laundry  equipment   services  in  the  New  York  metropolitan  area.  The  G&T
Acquisition  strengthened  the  Company's  presence in the  northeastern  United
States by adding approximately 36,000 machines to the Company's installed base.

         As part of its business strategy, the Company will continue to evaluate
opportunities to acquire local,  regional and  multi-regional  route businesses.
There can be no  assurance  that the Company  will find  attractive  acquisition
candidates or effectively manage the integration of acquired businesses into its
existing business.

Year 2000

         The Company has undertaken a comprehensive Year 2000 initiative managed
by a team  consisting of internal staff and outside  consultants.  The Year 2000
initiative has involved an extensive review of the Company's information systems
and an assessment of the compliance  status of customers,  suppliers and lenders
with whom the Company has a significant  relationship.  The Company  anticipates
its information systems will be substantially Year 2000 compliant by the fall of
1999.

         The Company has  contacted  its  significant  customers,  suppliers and
lenders to ensure that those parties have  appropriate  plans to remediate  Year
2000  issues  where  their  systems  interface  with the  Company's  systems  or
otherwise  impact its operations.  Based on its evaluations to date, the Company
believes that it will not be materially  impacted by Year 2000 problems  arising
from its relationships with customers,  suppliers and lenders.  During 1999, the
Company will  continue to assess the Year 2000  compliance  of these parties and
will develop  contingency  plans should it appear that these parties will not be
adequately  prepared  to address  Year 2000  problems  that could  significantly
impact the Company's operations.

         As of September 30, 1998,  costs incurred in connection  with Year 2000
compliance  have not been material.  The Company  anticipates  that future costs
associated  with the Year 2000  initiative will not be material to the Company's
results of operation or financial condition.

                                       -8-

<PAGE>


ITEM 2.   MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
          RESULTS OF OPERATIONS (continued)

Year 2000 (continued)

         The Company believes it is devoting  appropriate  resources to the Year
2000 issue and that its internal  systems will be  adequately  prepared for Year
2000  processing.  While there can be no  assurance  of third party  compliance,
based on the  analysis  performed  to date,  the  Company  believes  that it has
resolved or has adequately  addressed all identified Year 2000 issues. While the
Company  believes  its  planning  efforts  are  adequate  to  address  Year 2000
concerns,  there can be no  assuarance  that all such Year 2000 issues have been
adequately identified and addressed,  and actual results could differ materially
from those  planned or  anticipated.  The Company will  continue to monitor Year
2000 readiness and to develop appropriate responses should they be required.

Inflation and Seasonality

         In general,  the Company's laundry  operating  expenses and general and
administrative expenses are affected by inflation,  and the effects of inflation
may be experienced by the Company in future  periods.  Management  believes that
such effects have not been nor will be material to the  Company.  The  Company's
business does not exhibit material seasonality fluctuations.


                                      -9-

<PAGE>


                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended,
the  registrant  has duly  caused  this report to be signed on its behalf by the
undersigned thereunto duly authorized.



Date: January 22, 1999

                                COINMACH LAUNDRY CORPORATION


                                /s/   ROBERT M. DOYLE
                               -----------------------
                               Robert M. Doyle
                               Senior Vice President and Chief Financial Officer
                               (On behalf of registrant and as Principal 
                               Financial Officer)






                                      -10-