A Laundromat business is pretty straight forward and simple, but there are various features and services that may be offered. Along with being a coin operated Laundromat, you can also offer such services such as picking up and dropping off laundry from and to home. This may affect your cost at the end with the need of extra employees but can also greatly benefit since not all of your potential customers can come down to the Laundromat and drop off their clothes due to a busy schedule. Dry cleaning is another option from the usual laundry work and can bring about a new range of customers.
Location is extremely important and a major factor in determining whether the Laundromat will be successful or not. It should be situated in an area where most of the people do not have the facility of having a washer and dryer at home, or else there will literally be no benefit in investing. A quick survey should be done in the area you are looking to make the investment in, because you never know, there may not be any potential in that specific region but could be a lot more somewhere else. Seeking advice from current Laundromat owners is also a great way to get things done.
Equipment, Employees and Marketing
After you have planned everything over and are now certain of making an investment in a specific location, the next step is to buy any necessary equipment such as washers, dryers, folding tables, cash processing machinery and credit card machines.
Employees are also next in line to help you out in performing specific jobs along with marketing your services to the outside world in order to let them know that you are now in business. Offering coupons in the daily newspapers along with pamphlets and flyers are a great way to kick it off.