starting a laundry business

Things to Know When Launching a Laundry Business

Are you thinking about starting a laundry business in the future? There are many factors to consider before you put the “Grand Opening” sign on top of your new building. One of the biggest challenges is keeping your washers and dryers up and running. Even if your machines are working perfectly today, the constant use they require will take a toll on them. If you’re buying a Laundromat that has machines over 10 years old, it’s probably a good idea to replace some of them. Getting the proper maintenance for your machines also is important. Buying service plans for your machines may save you money in the long run.

Having the proper security is something to keep in mind when starting a laundry business. Since many washers and dryers are coin operated, you’re going to have to make many trips to the bank. If your Laundromat is going to be open at night, it is a good idea to have security cameras. When you do close, it makes sense to have a security system that will contact the police, if some tries to break into the building. Remember, a big chunk of your expenses will be the utility bill. Electricity, water and gas are needed to keep your Laundromat running. Investing in energy-efficient washers and dryers could save you a significant amount of money.