New Laundromat Pros and Cons, continued

New Laundromat investment in NCAre you considering building a new laundromat location? Whether you are a current laundromat owner or you’re just starting out in this business, there are several benefits to building your own rather than buying an existing location. However, as with all things, there are a few cons to building a new laundromat. In our previous blog post we talked about many of the benefits. Today, we are going to talk about a few reasons that might lead potential owners to purchase an existing location instead of building a new one. A new laundromat investment in NC is available. Call us today to learn more.

As we mentioned previously, the biggest advantage of building a new laundromat is being able to plan and design what you want and need. You’ll be able to work with our distributors from the beginning stages of planning to the end stages of building and on into opening the store. In fact, you can continue to work with us throughout the life of your business. However, when building a new location, there’s no guarantee that you’ll have customers in the beginning when you first open the doors.

Unfortunately, business owners aren’t able to predict the potential profit and customers before opening. Because of this, there could be more work involved in getting financing. With an existing location, there’s documentation that shows how profitable the business can be.

In addition, a new laundromat typically costs more than an existing location will. That’s because you’re starting from scratch. However, as we’ve mentioned above that is one of the benefits of building a new laundromat.

Most of the time, depending on your situation and the circumstances surrounding your decisions, these cons may not be a negative aspect of building a new store. In the end, choosing to buy a new store or purchasing an existing one can be a personal preference or something that must be done due to the lack of availability of a location that’s for sale.

At any point during your decision making, T & L is here to help you every step of the way. We can work with you through either venture so that you don’t have to work alone.

Stay tuned for more information. In our next blog post, we will talk about the benefits of buying new laundry equipment regardless of which business venture you choose.

New Laundromat Investment in NC

T & L is proud to offer our service to more than just laundromats. That's just the beginning of our options.

There are many more industries that can benefit from working with us and the products we offer including the following:

  • Apartment facilities
  • Athletic & fitness facilities
  • Correctional facilities
  • Fire & emergency services
  • Hair salon & spa facilities
  • Health care facilities
  • Hospitality facilities
  • Restaurant & food service
  • Schools and education

Consider working with T & L for all your laundry equipment needs, especially if you need a vended dryer or commercial washer dealer in NC. We know how important it is to have updated top of the line equipment to work with. In addition, we can offer you more than that. Our goal is to create a partnership between us. We won't sell you equipment and then wish you well. We go above and beyond. From the day you inquire about our services to the day you begin using your new equipment, we will be there for you. In the event of a broken down machine or parts replacement issue, T & L will be there, as well. You won't ever have to feel like you're alone. Call now to learn more about how we can help you with a common laundry room for your apartment complex or hotel.

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