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Step 1
Research the location of the proposed coin-operated laundry. Ideally, pick a location that has few competitors in the surrounding area, is easily accessible from the road, has high population growth and houses more renters than homeowners.
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Step 2
Join trade associations and thoroughly explore the industry. A good place to start your research is the Coin Laundry Association's website (see Resources). Figure out how much money you need to start a laundry in your area. Determine if any permits or licenses are necessary for operation in your area, such as a Wastewater Disposal Permit. Your business will need to be up to code, so check with your local permit office.
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Step 3
Find a space to lease. The best locations include retail storefronts in strip malls and plazas. In addition to rent, many landlords require the lessee to pay common area maintenance, sales tax and other fees, depending on where you live.
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Step 4
Decide if you will offer other services, such as drop-off service or dry cleaning. These services require the work of either you or an employee, and perhaps supplies other than just washers and dryers. You may also want to include coin-operated machines to dispense laundry soap, fabric softener and dryer sheets.
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Step 5
Buy commercial-grade washers and dryers. Compare prices, load capacity, efficiency and size of the machines. Measure your space and determine how much square footage you will devote to the machines. Take into account that you need chairs for customers and tables to fold clothes on.
