Friday, April 17, 2009

Coin Operated Laundromat Services

If you are reading this, then you are already interested or dreaming of owning your own business. Coin operated laundry services are a great business to be looking into as well. The laundromat business is one of the better businesses to buy or build on your own. You do not need a lot of capital to start or even buy an existing laundromat business. What you do need is a little knowledge of how the business works if you are not already involved or working in the industry.

Some of the services that are involved with a laundromat are obvious, yet some of the other services that tie into the business are not as evident. You can make some huge profits out of the additional services and amenities that you provide for you customers.

The primary service that will attract you customers is of course the laundry service itself. This must be your primary focus. Your laundromat must have machines that are all in good working order, clean , safe and easy to use. The better your equipment, the more efficient you can run your business. Lets put it this way, if you run top of the line, high efficiency machines, you can have a faster client turn around, which means more people through the door and more money in your pocket. You need to make sure that all your equipment is serviced regularly and inspected by either yourself ( if you know what you are looking for ) or by a service company that you would arrange a contract through.

There are also a lot of additional services you can offer that will also attract new customers and keep existing ones. You can do pick up and delivery services. Investing the time and money into a pick up and delivery service, especially for areas of your city that are in the higher tax bracket opens up a huge market.

You can also incorporate Dry Cleaning services either within your laundromat or simply offer the convenience of a pick up and drop off. Many people have dry-clean only clothes or use the dry cleaning services often. In cases where you can arrange a deal with a local dry cleaner to provide them business you can get a cut of the charges. This will in turn create additional revenue for you and you are doing very little work for it. You can incorporate this with your pick up and drop services as well.

Laundromats do not have to be only coin operated machines, you can also offer specialized services such as fabric and garment care. These type of services will usually be on site and have either yourself or an employee that can fix damaged garments and fabrics. Also , you can offer stain removal services on site. If someone cannot remove stains themselves they might be inclined to have someone else do it, and if you offer such services on site you can make a good profit margin from them as well.

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