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re: Anyone have experience with laundromat purchase?
Posted on 7/14/23 at 10:09 am to leeman101
Posted on 7/14/23 at 10:09 am to leeman101
quote:
I think it is funny seeing people at laundromats on their $800 iPhones. They'd rather spend money on an iPhone than a washer and dryer to use at home, which will last much longer.
Most of those people live in shitty apartments or homes with no space or hookups for washer/dryer.
1
Posted on 7/17/23 at 7:03 am to dome53
I’d suggest visiting the CLA association’s website . They have a lot of free resources there that are well worth the review.
IMO, the keys are
1. Good location
2. Favorable Lease
3. Reasonable utilities (water, sewer)
You’ll also need to account for these in you business plan:
- attended or unattended?
- equipment and maintenance …. these newer commercial machines are relatively low operating cost if they are routinely maintained. The routine maintenance isn’t hard …. tons of YouTube vids .
- cash, card, or both? …. the most expensive systems will allow mobile phone payment …. while cash is universal.
- security plan
- daily cleaning regimen
IMO, the keys are
1. Good location
2. Favorable Lease
3. Reasonable utilities (water, sewer)
You’ll also need to account for these in you business plan:
- attended or unattended?
- equipment and maintenance …. these newer commercial machines are relatively low operating cost if they are routinely maintained. The routine maintenance isn’t hard …. tons of YouTube vids .
- cash, card, or both? …. the most expensive systems will allow mobile phone payment …. while cash is universal.
- security plan
- daily cleaning regimen
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