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Tips for Buying a Laundromat

Posted on February 23rd 2018

If you want to own your own business, a laundromat can be an intriguing option. After all, it's a recession-proof choice that can bring a steady income with relatively little day-to-day demands. It also allows you the freedom to put your own personal stamp on your business since the kind of conformity that franchises tend to require is rarely an issue. Whether you’re a fledgling entrepreneur looking for your first commercial success or a veteran businessperson ready to add to your empire, you will want to keep these tips for buying a laundromat in mind. Read More

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How to Keep Your Laundromat Clean

Posted on January 24th 2018

An American Coin-Op Wire survey asked laundromat operators to name the first quality that came to their mind when asked to describe a great laundry. Some 55 percent cited cleanliness, and it seems that their instincts are incredibly accurate. According to the American Coin Laundry Association, more than 80 percent of customers say that cleanliness is a major factor when they are selecting a laundromat to patronize. Clearly, if you plan to run a successful operation, determining how to keep your laundromat clean has to be a top priority. Read More

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How People Choose a Laundromat

Posted on December 20th 2017

One key to owning a successful small business is to understand your customers and what motivates their decisions. This is much easier said than done, but luckily the Coin Laundry Association surveyed customers and found that cleanliness, safety, and convenience are among the top factors people take into consideration when deciding where to do laundry. If you learn how people choose a laundromat, you can make decisions that will turn one-time customers into loyal regulars. Read More

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Laundry Attendant Duties

Posted on November 28th 2017

One of the benefits of owning a laundromat is that many are self-service businesses that allow you to come and go as you please. However, you may find it worthwhile to hire laundry attendants who can help oversee the business and improve the customer experience. If you’re considering hiring someone for the position, check out the list of laundry attendant duties we’ve compiled below. This may help you decide whether or not you ought to add a new member to your team. Read More

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Average Cost of a Laundromat Per Month

Posted on November 1st 2017

If you have ever considered owning a laundromat, you have probably also researched the expenses involved. We don't mean startup costs (although you've probably considered that too). We mean the ongoing costs. The amount of money it takes to keep the doors open after your initial investment. The reality is, the average cost of a laundromat per month varies from business to business and state to state. However, with a little digging, you can find a figure that is specific to your business and that answers your questions. The good news is, despite expenses, laundromat owners report an average of $5,000 to $7,000 of net profit each month. Hooray! But this doesn't mean you shouldn't crunch the numbers before buying or building your own laundromat. Read More

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