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Coin Laundry Business Pros and Cons

Posted on July 18th 2018

As with many new ventures, opening a coin laundry business can be exhilarating at first. As new customers spill in the door, it’s easy to feel like you're on cloud nine. After all, you’re now a business owner! That's a great reason to celebrate. But after a few months, you may encounter some bumps in the road. If you’re considering opening a laundromat, it’s important to be optimistic, yet realistic. Keep reading to learn more about coin laundry business pros and cons. Read More

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How to Differentiate Your Laundry Business

Posted on July 9th 2018

With the advancements in technology over the last few decades, laundromats have had many opportunities to upgrade. These updates have typically benefited both the business owner and the customer, improving the speed and efficiency of the process. Embracing change may also help you determine how to differentiate your laundry business from nearby competitors. Use our tips below to figure out how you can break away from the mold and attract new customers. Read More

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Coins or Cards: Which Is Best for a Laundromat?

Posted on May 12th 2018

As a laundromat owner, you are probably no stranger to the hassle of coins. Of course, collecting them is time consuming, and dirty coins can cause the coin drop to malfunction. In addition, thieves can get away with hundreds of dollars worth of quarters in the night. With all of the negatives of coin-operated laundromats, upgrading to a card-only laundromat can be tempting. However, there are pros and cons to both types of payment methods. Coins or cards: which is best for a laundromat? Keep reading to find out. Read More

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Should Your Laundromat Be Open 24/7?

Posted on April 6th 2018

Should your laundromat be open 24/7? In today's 24-hour world, it's not unusual for big-box stores, gyms, convenience stores, laundromats, and other establishments to be open around the clock. How do you decide if your laundromat should offer regularly scheduled operating hours or follow in the footsteps of places that are always open? Read More

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How to Value a Laundromat

Posted on March 22nd 2018

Appraising a house to determine its value involves looking to see what similar properties in the same area sold for in recent real estate transactions. Determining the value of a laundromat is a bit more complicated. If you're wondering how to value a laundromat, here's what you need to know. Read More

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