How to set up a laundry? Maybe right now you don’t know if this idea is profitable or not, maybe you have doubts about how to start, you are worried about how much money is required for this business. Calm down, from the outset I will tell you that it is profitable and, in this article, you will learn everything you need to make your idea of starting a laundry successful.
Is a laundry good business?
In our times people work all day from Monday to Saturday. Do you think they want to spend Sunday doing laundry?
You would think that people of lower and middle socio-economic class do wash their own clothes. For this market niche, in a few paragraphs later I will show you another way to approach the laundry service. For now, your market niche will be people with good purchasing power. If those who pay for everything. They pay to get their nails done, they pay to walk their pets and they will pay to have their clothes washed. All people need to wash their clothes, curtains and bedding if not daily, then at least once a week. That is, if we have a need to satisfy, if we have a good clientele and we see that the service will be well paid. Therefore, the question: Is a laundromat a good business? The answer is a resounding yes. Now let’s see what the business consists of. Learn How to start a Laundromat?
What does it mean to set up a laundry?
Here I will explain to you what the business of setting up a laundry consists of and how it works. Later we will see two other variants of the laundry service. What is needed to put a laundry?
Have you not thought about washing clothes, sheets and curtains with your own hands?
We will have washing machines. They will do the work and you get the money. A laundry has as a great initial investment, getting the washing machines. A washing machine, depending on the capacity of pounds or kilos of load that it supports, can cost from 200 to 500 dollars. Let’s say you start with three washing machines, so you already have an investment of 600 to 1500 dollars. But don’t worry, as we have seen before, the business deserves it because it is profitable.
Other laundry costs:
Rent a laundry room. Maybe you need to rent a place in a good sector of your city. Better on the avenue. Then write down the rent for the room as an expense. Energy activity. As washing machines run more than five hours a day, the energy bill increases. Other costs that need to be considered in this business plan are detergent. Keep in mind that this type of equipment, like any business, is purchased in bulk to make it cheaper.
The work of the laundry company consists of two modes. I will explain the second later. The first is as follows:
- People bring their clothes to your laundromat.
- You keep a record of the client’s name, with the garments that he leaves you.
- They agree on a time for your client to pick them up again.
- You receive the payment and that’s it.
As you can see from this niche of people, they are the people I talked to in the beginning. They don’t want to know what laundry is. They come, they take their clothes off the car, they give you a short greeting. They leave your suit to be washed.
They will not ask you for a discount
They will arrive SBA 7A Loans hours later to pick up their suit. They will pay you happily, they will leave again in their car and you will see them come back every week. He is happy for your service and you are happy because you are discovering that being an entrepreneur is great business.
Types of clothes or garments that they bring to the laundry:
When a laundromat operates on a drop-off and come-back-later basis, the type of clothes they usually drop off for you is:
- Large garments, such as: dress or gala suits, jackets, trench coats, jackets.
- Everything related to bedding: bedcovers, quilts, bedspreads, pillowcases, sheets, mattress cover.
- Furniture covers, tablecloths.
As you can see, they are garments that require a special wash, so your service will be well paid.