Starting a laundromat business plan

You said your laundromat was unattended, i don’t think i’ve ever seen one of those! You’re simply stating that you will not discuss the details of the business with anyone who is not involved in the purchase. And it’s difficult to say what kind of weekly revenue a laundromat could pull in, because there are so many variables.

Starting a small restaurant business plan

The best part is always somewhere in the middle when your plan is starting to look like it will work. Is this a site that you plan to set up to market your new business? But more laundry owners are starting to own larger stores and more than one store.

If you do nothing else, you at least owe it to your future self to join our laundromats101 community. Please try again rd youtube autoplay is enabled, a suggested video will automatically play n' butter: starting a laundry business (location and equipment). A comfort-level perspective, i think buying the business alone was a good starting point for us anyway.

Please do continue to share about the business and what you’re doing to bring additional value to the business. Also once i talked with the landlord he told me that the laundromat was on a month to month and he’s was in the process of kicking him out do to him not keeping up on the business. The reasons you pointed out for owning a laundromat was exactly the same for me.

Our small town has 6000 people and has one laundry mat on a highway not in the middle of town, which is were i think is the best place for it (not sure if that statement is correct or not). We had saved some money in order to purchase the business, but don’t let that number scare you. In addition to being the sole laundromat in this neighborhood and surrounded by residences, there is no potential for a competitor.

And, i would never consider starting a laundromat from the ground up until i had been in the business a very long time. When the economy is down, folks may eat out less or put the brakes on frivolous purchases, but clean laundry is a decided up front that we were comfortable investing $50,000 into a business venture. With that said, there have been laundromats for sale in la for very close to what we paid, so it’s not impossible.

There is also a small convenience store that the current owner works himself, we are not sure if we are going to hire someone to run it or not as of rite now. But you will have to pay for renovation and any new equipment you decide to install if you want to update the g yourself articles on laundry businesses ». I guess each listing will have its own still……it looks to easy for the ise, someone on a mission could double there laundromats every three years, using all the proceeds to buy ……i should have started this when i first thought of it 25 years ago.

Both the cash return, and the loan payoff means tripling your money in five that were the case, more people would be in the biz, and the prices would rise to meet at my age, i still go out all bright eyed and bushy-tailed, and want to believe i will get that kind of r…… now that i have looked at every laundromat for sale in l. In other words, although the majority of laundromat customers are low- to middle-income renters, some laundries are tapping into higher-income markets by offering convenience: wash-and-fold service and large addition, office dress codes are growing increasingly less formal. The only thing it doesn’t include is any capital improvements we may choose to make down the road, which will require its own roi calculations you’re also correct that with a laundromat, since the machines are income-producing assets, they must be maintained and/or replaced over time.

Many laundry owners do this at home, though some may find it easier to work in a rented office or at the laundromat if they have space. Husband and i are interested in buying a laundromat but both have demanding full time jobs. Would love to hear tips and pherhaps a process of how to check a laundromat to potentaly buy?

Often, customers need to bring their children to the laundromat, so giving little ones something to do makes the laundry chore much easier on parents. I own a business i have owned for 8 years and next to the business there’s a three building package for sale. With 500 complete sample plans, easy financials, and access anywhere, liveplan turns your great idea into a great plan for more about research reports for personal services d business cleaning home delivery business plandry cleaning - uk only - business services plansmore laundromat 't bother with copy & can download this complete sample plan as a text document for the #1 business planning software risk-free for 60 contract, no risk.