Knowing how to start your own laundry mat business will help you create your own fortune in this economy. Everyone needs to launder their clothes so why shouldn't you profit from it. Laundry mats are very popular and profitable across the nation. It will take some investment to get started, but if you do not have much, you can start small.
Find a good location for your laundry mat.
You should be looking for a place that you can afford and a location that does not currently have a laundry mat within three miles.
Decide what hours your laundry mat will be open. Most people that use laundry mats need it to be available most of the day and night. Open early and stay open late.
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Buy an inventory that you can afford. Even if you can only afford three coin washers and three coin dryers to start, you will be able to get your business going.
You will also need a machine that makes change and a vending machine that sells laundry products.
It would also be a good idea to have a snack and or drink machine just in case your customers are hungry or thirsty while they are doing their laundry.
Other costs to consider are your monthly utility bills, security, maintenance, supplies, laundry soap and dryer sheet inventory and rent.
Offer a staff that will do the laundry and have it ready for the customer when they return. You will be able to charge extra for this service and your customers will be happy you have it available.
Always provide the most courteous customer service and your customers will keep coming back.
You may also need a staff to monitor the laundry mat or act as security late at night.
Advertise your business in local papers.
Make sure that the sign on the outside of your building is clear. You will get most of your traffic from people that live in the area and see your sign. Put your sign on the main entrance of the parking lot so that everyone will be able to see it.
Knowing how to start your own laundry mat will help you find a new career.
Keep your laundry mat well maintained will equipment that works, laundry products available at all times, well lit and change in the machine.
Of course you have the added benefit of emptying the change out of the machines and into your pockets each day. Make sure that you empty your machines every day. This is not the sort of business that can afford an absentee landlord. You will need to be available at all times or have a reliable manager.
You will not want someone else collecting your money, so you should make yourself available.
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