Laundromats, quite simply, offer a place for patrons to do their wash. A few washers, a few driers, a folding table or two and you’re set, right? Not really. To run a profitable laundromat, there are several factors to consider, such as location, energy efficiency, the quality of equipment used, vending, services offered and more.
On the plus side of the business, coin laundries are fairly recession-proof enterprises. No matter what the stock market does, how high unemployment rises or how rocky the economy gets, people will still need to wash and dry their clothes.
It’s also a business which requires very few employees to run, which cuts down on expenses. On the flip side, however, according to the Coin Laundry Association, the cost of running a laundromat ranges from 65% to 115% of the money coming in. So choosing your location, equipment and services offered carefully is important for turning a good profit.
One of the most important aspects of the laundromat business is location. Patrons who use them tend to be young and single or young families often apartment dwellers or college students without decent laundry facilities at home.
Since most people look for a spot close to home to do their weekly or bi-weekly wash, choosing a location near several apartment complexes or a university is a good idea. The location should also offer ample parking for the convenience of the patrons.
The quality and energy efficiency of the laundry equipment you choose is also an important part of the business. People soon learn which facilities keep their equipment in good working order and which ones don’t.
Many newer commercial washing machines and driers offer heightened energy efficiency over older models as well, keeping your patrons happy and your energy costs low. These machines also offer various payment options, such as coin or reusable payment card operation.
It’s also important to remember that laundromat patrons have a lot of idle time on their hands as they wait for their laundry to finish. Though televisions and free wi-fi are a couple of ways to keep them entertained, pool tables, video games, vending machines and snack bars are great ways to generate income from that idle time.
In fact, many laundromats incorporate small cafes or bars with their businesses, allowing patrons to hang out, socialize, and, most importantly, spend money as they wait.
If you want to take on extra staff, full-service laundry and folding services are also a great way to attract extra business. For an extra fee, busy patrons can just drop off their laundry and pick it up later.
One important thing to remember, no matter what your business plan, is that the laundromat business is much like the restaurant business. People are not merely washing their clothes; they’re spending a lot of time there on a regular basis. If you make the experience pleasant, they’ll return. If not, they’ll go elsewhere, just like with a bar, restaurant or cafe.
A well run laundromat can be a great business venture to get into. It offers steady income, loyal clientele and very little staff to run.
New York laundromat offers the self service laundry owner a complete solution. Our commercial laundry equipment is engineered for laundry owners demanding higher performance and improved laundromat profitability. To explore your options, visit http://www.goldcoinlaundry.com
Image from page 89 of “Lilly’s complete annual : bee supplies spray materiels poultry supplies fertilizers seeds” (1915)
Title: Lilly’s complete annual : bee supplies spray materiels poultry supplies fertilizers seeds
Year: 1915 (1910s)
Authors: Chas. H. Lilly Co Henry G. Gilbert Nursery and Seed Trade Catalog Collection
Subjects: Commercial catalogs Seeds Nurseries (Horticulture) Catalogs Seeds Catalogs Flowers Catalogs Vegetables Catalogs Agricultural implements Catalogs Poultry Equipment and supplies Catalogs
Publisher: Seattle, Wash. : Chas. H. Lilly Co.
Contributing Library: U.S. Department of Agriculture, National Agricultural Library
Digitizing Sponsor: U.S. Department of Agriculture, National Agricultural Library
Click here to view book online to see this illustration in context in a browseable online version of this book.
Text Appearing Before Image:
two feet. Sow at therate of 30 lbs. per acre if sown alone, or in thatproportion if mixed wih other g-asses.Price, 1 lb., 50c: 10 lbs., 40c per lb. Mesquite (Holcus lanatus.) Mesquite, also known as Velvet Grass and MeadowSoft Grass, is of li!e agricultural value, except forpastures on light sandy or marshy soil, where ethergrasses will not grow. It has little food value, is notrelished by stock, and on account of its spreadinghabit, it is liable to become a suisance. Price, 1 lb.. 20c: 10 lbs.. 17: 2c per lb.: 50lbs., 17c per lb.; 100 lbs., $16.50. Johnson Grass (Sorghum halpense.) Johnson Grass belongs tosweet and nutritious, and iswill not stand frost, is of no use in the Northwest, andits sale is prohibited in California on account of itsspreading habit and the difficulty of eradicating it. Write for prices. the Sorghum family, isrelished bv stock, but it Lillys Seeds are tested and are all better than is required by the Pure Seed Law. 84 THE CHAS. H. LILLY CO. SEATTLE — PORTLAND
Text Appearing After Image:
Lnglish Ryl GRA55 (Lolium perenne.) English, or Perennial, Rye Grass is especiallyadapted to the country west of the Cascade Moun-tains, where it is becoming more popular each year,but is not yet as generally grown as it deserves. Ithas high feeding value, is relished by all kinds ofstock, and is good in both hay and pasture mixtures.It prefers moist, rich loams or clay soils, but doeswell almost any place. It makes a quick, stronggrowth, and when sown thickly is excellent in mix-tures for lawns or golf links. For pasture or hay, sow at the rate of 60 lbs. peracre, alone, or in that proportion mixed with other Price: $11.50 per 100 lbs.; less than sack lots, 12J/2 per lb. Meadow Fescue (Festuca pratensis.) This is also known as English Blue Grass, and isvaluable in pastures and meadows, mixed with othergrasses. It thrives on thin, dry soils, and will standa great deal cf abuse. Sow 40 lbs. Der acre. Price: $16.50 per 100 lbs.; 17/2c per lb.Sheeps Fescue (Festuca ovina.) Though of dwar
Note About Images
Please note that these images are extracted from scanned page images that may have been digitally enhanced for readability – coloration and appearance of these illustrations may not perfectly resemble the original work.
By Internet Archive Book Images on 1915-01-01 00:00:00
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