An ATM in a coin only store is a relatively quick payback through fees. The best part is that you can recycle your cash and save yourself from taking so much to the bank.
Make usre they are bi-lingual and can work flexable hours.
1. Local DVS shelters.
2. Retired ladies.
3. Older people.
4. Customers.
5. Post signs on the street.
6. Post signs in your store.
7. Craigslist.
It costs almost as much to refurbish as to purchase reconditioned... and you get updated software in the process.
Buy new ones and get MEI Mars.
1. Put up signs warning customers.
2. If your machines are capable, program a pre-rinsh that a customer can use for $.25 before adding their clothes.
Not in any order.
1. Laundroworks.
2. KioSoft.
3. Spyderwash.
4. CCI.
5. ESD.
FaceBook Groups.
Marketing Beaver
Use a gold titanium coated drill bits. Start small & work up until the lock gives out. Oil & apply only right amount of pressure to cause chips or curls of metal.
Insulate, put in dampers for make up air.
1. CLA
2. Brooks-Waterburn Corp.
3. Frankenmuth Insurance.
1. Have a PFS and capacity to purchase.
2. Research the trade area you're looking to purchase. How many stores around you?
3. Go through a broker or distributor.
4. Have the lease checked out. Have a long lease.
5. 30 minutes distance from work or home.
6. Does the P&L look accurate... Or some things missing?
7. How many gallons water used a month... how much electricity... does this look congruent to what's reported in the p&l
8. Condition and age of equipment .. type of equipment... front loaders?... how many are out of order?
9. Card / coin store?
10. Hours staff work is this congruent to the number of hours open ...What's the Staffing pattern?
11. Number of staff and is the owner pulling a lot of the shifts or is the staff covering them? You're looking for a business not a job!
12. Demographic make up of area
13. Lease rent and what is the annual escalating cost?
14. Trip net Lease terms?
15. Does it do wnf
16. How often do the vents get cleaned
17. Does the reports for repair have consistent details to age of equipment... for example... 20 years old equipment but claims 1000 dollar annual repair costs on PL...
Advice from the CLA. Video.
When you look make sure you look for ones that do commercial service.
1.Food bin outside your store.
2. Free dry day during the week.
3. Make it more family friendly by providing activities for young kids to do while families are doing their laundry?
4. Customer appreciation day.
5. Food truck.
6. Raffles and give aways.
Looking for a laundromat to purchase? So much must be taken into consideration to give the potential owner the best chance and a head start at success. Feel free to look over this list when considering any location:
Finding the Right Laundromat.
Steps to Consider:
**Research Locations:**
- High foot traffic areas
- Proximity to residential neighborhoods, universities, or student housing
- Accessibility (parking, public transport)
**Evaluate Demographics:**
- Population density
- Average income levels
- Local competition
**Financial Planning:**
- Budget assessment
- Financing options (loans, investors)
- Operating costs (rent, utilities, wages)
**Business Model:**
- Full-service vs. self-service
- Additional services (dry cleaning, folding, pickup & delivery)
- Membership or loyalty programs
**Legal and Compliance:**
- Zoning laws and permits
- Health and safety regulations
- Insurance (liability, property)
What to Look For:
**Infrastructure:**
- Condition of existing machines (if purchasing)
- Electrical, water, and gas supply capabilities
- Layout efficiency and customer convenience
**Cost Efficiency:**
- Utility costs (water, electricity)
- Operational efficiency
- Future expansion potential
**Supplier Relationships:**
- Reliable equipment suppliers
- Maintenance and service agreements
- Detergent and supply vendors
*Marketing and Visibility:**
- Online presence (website, social media)
- Local advertising (flyers, community partnerships)
- Customer reviews and feedback
Warnings:
**Maintenance Costs:**
- Aging equipment may lead to high repair bills (Have a professional check condition of equipment as age is only one underlying factor.)
- Unexpected breakdowns can disrupt operations
**Location Risks:**
- High crime areas could lead to vandalism or theft
- Market saturation with too many competitors
**Financial Pitfalls:**
- Underestimating operating costs
- Insufficient funding for startup phase
- Unexpected economic downturns
**Regulatory Issues:**
- Non-compliance with local laws and regulations
- Potential changes in zoning or business laws
Embarking on this journey requires careful planning and consideration. Ensure you take the time to evaluate all these factors to make a well-informed decision and set your laundromat up for success!
Switch to LED lighting.
1. Frequent repairs
2. Inefficient utilities.
3. Poor first impression for customers.
Choosing between buying an existing laundromat and building one from scratch involves evaluating various factors such as costs, location, equipment, and operational considerations. This guide provides a detailed comparison to help potential owners make an informed decision that aligns with their business goals.
Buying an Existing Laundromat
* Pros:
* Established Customer Base: Benefit from an immediate revenue stream.
* Market Presence: Already recognized by the local community.
* Financing Opportunities: Potential financing from existing owner’s bank.
* Immediate Access to Equipment: Functional machines included in the purchase.
* Operational Readiness: Established procedures and staff may be in place.
* Cons:
* Location Limitations: May not be in the ideal location.
* Reputation Challenges: Changing business perception can be difficult.
* Lease Restrictions: Existing agreements may limit changes.
* Outdated Equipment: May lead to higher operating costs.
* Management Issues: Potential inefficiencies must be addressed.
Building a Laundromat from Scratch
* Pros:
* Location Freedom: Choose the best site based on research.
* Customization: Control over design and equipment choices.
* Brand Identity: Create a new customer base and brand.
* Latest Technology: Invest in modern, energy-efficient equipment.
* Operational Control: Implement your own procedures and policies.
* Cons:
* High Initial Costs: Significant investment in land, construction, and equipment.
* Time to Market: Longer period to become operational.
* Uncertainty: Estimations of costs and timeframes can be challenging.
* Customer Acquisition: Requires extensive market research and analysis.
* Staffing: Need for hiring and training new personnel.
Finances and Funding
* Buying an Existing Laundromat:
* Pros: Immediate cash flow and equipment included in the purchase.
* Cons: Potential for high operating costs due to outdated equipment.
* Building from Scratch:
* Pros: Investment in energy-efficient technology with customization opportunities.
* Cons: High upfront costs and initial setup time required.
Operational Considerations
* Buying an Existing Laundromat:
* Pros: Quick startup with immediate revenue potential.
* Cons: Potential resistance to new management and strategies.
* Building from Scratch:
* Pros: Design operational procedures aligned with your business vision.
* Cons: Time-intensive development and implementation phase.
Deciding whether to buy an existing laundromat or build one from scratch depends on your goals, resources, and strategic vision. Carefully considering the pros and cons of eac
1. Utilities in place.
2. Infrastructure in place.
3. Cheaper than buying or building a new store.
1. Claw machine.
2. Arcade games.
3. Massage chairs.
4. Gumball, stickers.
5. Candy machines.
6. Drink machines.
1. Keep the laundromat clean
2. Keep the Machines working
3. Don't be the cheapest price but be a medium to high price... that will eliminate the bottom feeders who will be the bane of your existence if you cater in any way to them
4. Make sure your bathroom is updated and in good shape and clean
5. Manage customer expectations
6. Do What You Say You Will
7. Don't nickel and dime customers
8. Advertise on social media every other form of advertising is a waste of money and time.
9. Get a card system for the laundromat it will be cheaper and easier to run.
10. If doing wash n fold... be clear upfront what you can and can't do... have a clear process to wash, fold and shelf the items.
11. Encourage word of mouth advertising and don't expect to start with a large clientele initially... it takes time to grow and the best form of advertising I found is Word of Mouth...
12. Be very clear up front that the laundromat is for paying customers don't allow people to loiter or hang out. This creates a really bad reputation for the laundromat if you allow it.
13. Be clear up front that the laundromat is a business ...act like it is ...some people think that it's a social service and they can get their laundry done for free or reduced rates. Some laundromat owners do free days. If you give away your services for free people will come to expect it.
14 Hire Trust Worthy Employees Whom are capable of running the business without giving it away
15 Hire Employees without experience and you will train them to do the task how you want them to do it a person with experience doesn’t often like to be told what to do.
16. Have WiFi.
17. Have music.
18. Have a TV.
The serial number on the equipment should provide the age.
4-5%.
1. LaundroBoost.
2. Sate Digital.
3. Gant Marketing Media.
4. Laundromat Marketing Made Easy.
5. Laundry Biz Center.
6. Laundry Wizard.
7. SPYNR.
8. Suds-Digital.
1. Summit Parts.
2. Parts King.
3. RJK Parts.
4. Gold Coin Laundry.
5. Parts Distributor.
6. Kings Laundry.
1. Cents.
2. Curbside Laundries.
3. Clean Cloud.
1. Triad Laundry.
2. Midwestern.
3. Gold Coin.
Reolink from Costco.
Lorex.
Nest.
1. Put up permanent wet floor signs on your walls.
2. Keep cones with wet floors on them in each aisle.
1. Scoop it out.
2. Run hot water through it.
3. Vinegar and hot water.
Unless you change the name, reivews can't be removed.
1. Soillove
2. Dawn detergent
3. Perlite
4. Clorox 2
5. Wet Side
6. Command
7. Viva Oleo
8. Tar Go
9. Dawn Power Foam
10. Tide + Ultra Sstain
Yes they can.
1. Homebase.
2. My Time Station.
3. When I Work.
4. Cleancloud.
5. Gusto.
6. Deputy.
AC6007 - Front Load Tokens Only Dispenser Cash or Credit Card - American Changer
Concrete is much easier to maintain/clean. Plus you can easily make the pit deeper or wider to have a lot more holding capacity in the event of a backup.
High-170-175.
Medium- 150-155.
Low- 130.
Not in any order.
1. Takis.
2. Hot Fries.
3. Funyuns.
4. Spicy Cheetos.
5. White Chedar Popcorn.
6. Bueno Candy Bars.
7. Ruffles.
8. Lunchables.
9. Oreos.
10. Big Texas.
11. Honey Buns.
12. Big Zebra Cakes.
1. Costco
2. Sam's Club
3. Fabriclean
4. The Soap Boss
5. Ultra Soap Direct
6. Cleaner Supply
1. Use quarters painted a specific color for each attendant, with matching color lockboxes.
1. Dependable staff.
2. Folding procedures for consistency.
3. Bag labels for folder to initial for accountability.
4. Price by pound- For fairness and to not have super heavy stuffed bags.
5. Smaller cleaners supply bags to keep individual bag weight under 20lbs to avoid employee injury.
6. Upcharge for detergent other than standard distributor supplied as well as softener and hanging items.
7. Upcharge for degreaser and sanitizer for massage sheets.
8. Free pick up and deliver.
9. Have a policy on extremely soiled items (do not accept - we aren’t a nursing home facility).
10. Label clean bags 1 of 3, 2 of 3, 3 of 3 (for example).
11. Minimum 10lb charge.
12. $25 credit to customer who refers a new customer.
13. SOP - procedure to ensure everyone on the same page.
14. Hypoallergenic & regular detergent.
15. Promos (every once in a while, build your clientele).
16. Social media posts especially in town/city forum.
Your best bet is to use an AI tool to do it… be sure to prompt it correctly. “I own a laundry delivery service called xyz in X area, here is our web site, we have been in business for x long, create a business contract between my company and xyz explaining the details of our agreement. This is a 5 yr contract, we will do xyz, for $X a lb, (with whatever your min amounts of weight is), however many times a week, how often you return, etc.
1. Mint Mobile.
2. Automatic backup cellular router. if the main internet goes down the cellular router automatically turns on and then when your main internet comes back it turns off the cellular router.
Mettler Toledo BC60.
Streamlabs offers water flow monitors.