Welcome back. We are here to talk more about new laundromats versus existing ones. Sometimes, it’s not always clear whether or not your best decision would be to purchase an existing laundromat or to build a new one. In our previous blog post we talked about existing locations and offered tips on how you can choose whether or not this is the best option for you. Today we are going to talk more about new builds and the value of a new laundromat.
What is the Value of a New Laundromat?
When considering building a new laundromat, the most important things to pay attention to are competition, location, and demographics.
Because you’re starting from scratch, a new laundromat may take six to eight months to build. During that time, you will be working on loans, layout, designs, location, and demographics.
In some cases, there may be construction advantages when it comes to building a new laundromat. These things can be discussed with the financial institution you choose to work with.
Because you’ll be furnishing your new laundromat with brand new equipment, it’s important to develop a great relationship with your distributor early on. When working with T & L you’ll be in great hands. No matter how stressful and overwhelming building a new laundromat may seem, we will be with you every step of the way. We can help you find a great location for your build, compile demographics, scout out the competition, obtain financing, plan and design your store, and more. If you have any questions about building a new laundromat please give us a call.
Are you ready to open a new laundromat? Need to buy new or used commercial laundry equipment in North Carolina? Let us help with your plans so that you can choose the right commercial washers and dryers for your business’ needs.
With 40 years of experience in this industry, we know what it takes to be successful. If you're interested in talking with our salesmen about a turnkey laundromat or updated commercial laundry equipment in North Carolina for your salon or fire station, contact us. We strive to work with you from the beginning of your journey to the end. T & L will help you plan and develop your vision as well as help you grow and succeed. Call now.
Check out other blogs in this series, below: