Owning a laundromat can be a profitable business for someone who needs flexible hours, is retired or has a primary job. However, there are other ways you can increase profits by offering more options at your business.
Below, you'll find several of the most popular ways for 2017. Need financing for laundromat equipment in North Carolina? Make the call to T & L today!
Getting More Profit From Your Laundromat in 2017
- ATM – Most laundry equipment has credit card acceptance capability now, but that doesn’t mean customers won’t need cash while they’re in your facility, especially if you offer vending machines for snacks and drinks. Consider having a money machine that is stocked with at least five thousand dollars. The machine can hold more money, but this is usually a good starting amount to have on hand. You can charge between two and four dollars per transaction. This is a great investment, even though the initial cost seems high. ATMs usually cost around two thousand dollars, but once the machine is paid for the owner of the ATM takes the full amount of the transaction fees as profit.
- Café Addition – While vending machines are a great way to add profit to your business, you might also think about adding a coffee shop, grill or other café business. For those that don’t have the room for a full service coffee shop or café, consider having a counter with limited coffees and sandwiches. This will be a great way to add profitability and create a customer service experience that is appreciated by many. Just think about all the professionals that come in to do laundry at lunch time or during dinner hours. You’ll be giving them an opportunity to do laundry and grab a meal at the same time!
- Think Outside the Box – This can be an easy way to drum up extra profit if you get really creative. Think about working with a local business, sports teams and other organizations that might need dry cleaning services, wash – dry – fold and more. You’ll be able to set up a contract that keeps these groups coming back to you instead of someone else.
Do any of these ideas get you excited to add on to your business this year? We hope so. To learn about more great ideas, visit with our next blog post, as well!
Affordable Laundromat Equipment in North Carolina Is At T & L
Ready to jump start your way to owning a laundromat in your area? Trust T & L to help you get it going with the most affordable laundromat equipment in North Carolina. We will work with you from the beginning on all aspects of opening and operating your business!
We have engineers on staff that are familiar with the designs and needs of laundromats. In addition, we have architects that have extensive design experience that can offer attention to detail in the planning of your business. This, combined with our location finding assistance and evaluation of demographics for the area, provides unparalleled service.
You’ll find that we go above and beyond to help you open your business without any issues. Even more, we strive to analyze the competition, including their equipment and location. Our goal is to make your business successful. For more information or to ask any questions, contact us. Did you know we offer financing for your new laundromat equipment in North Carolina? That's right. Be sure to ask about that, as well! Contact us now to start planning and designing your brand new laundromat!
