Welcome back. Over the course of the last couple of blog posts, we’ve talked about becoming a laundromat owner and whether or not it’s best to build a new business or buy an existing one.
There are several factors that go into making the decision. Many times it comes down to personal preference. As we mentioned in our previous blog there may be some circumstances that keep you from purchasing an existing location. Most often the reason is that there are no businesses available for purchase at the time. In this case, building a new laundromat may be the best option.
If you choose to build a new laundromat, there are several pros and cons that you should consider before making a final decision. One of these is switching from Maytag Dealers in Raleigh to one that carries Speed Queen and Continental. Call T & L today to learn more.
Pros of a New Laundromat
One of the biggest and best advantages of opening a new laundromat is that it will provide additional income that could be a new source of primary income or supplement your current one. Building a new laundromat will give you the freedom to create exactly what you want. You’ll be able to work with distributors step-by-step to make sure that you build what you want as well as what you need. There are tons of variations in layout and designs. Things can get overwhelming when it comes to planning and designing a laundromat. However, when you have distributors like T & L on hand to walk with you through the entire planning process, it’s less overwhelming and more enjoyable.
You’ll also have the ability to secure a great lease when you’re building a new location. Sometimes, stepping into an old lease that comes with an existing laundromat purchase may not be the best option. However, you could be required to keep the lease for several years.
With a new laundromat comes new plumbing, new equipment, and security in knowing that everything is built to code. You’ll also have warranties for all new equipment.
Most new equipment is energy-efficient and saves a great deal of water. There are many wonderful advantages to new equipment. In a future blog post, you'll find out more about the benefits of new equipment. Be on the lookout for that article.
Another great advantage of building a new laundromat is that you’ll be servicing the community with a new business that will be greatly appreciated. Especially in areas that do not have a laundromat, you’ll be offering a nice new facility for customers to enjoy.
As with everything, there are some cons that come with opening a new business. Depending on your situation and the location, these cons may not seem like a big deal. However, in some circumstances, it could lead you to choose to purchase an existing location instead of building a new one.
To learn more about the cons of building a new laundromat location, be sure to check back soon. Our next blog will feature more information for you. Also, feel free to contact T & L with any questions you may have. We are here to talk with you about owning a laundromat, new equipment, and more!
Switch from Maytag Dealers in Raleigh
Consider working with T & L if you're searching for a trusted Speed Queen and Continental commercial laundry equipment dealer in NC. We offer the best washers and dryers on the market and we also have engineers in-house that will work with you to design your very own laundromat. Our professionals have extensive laundromat planning experience, from location scouting to service evaluation and more. We can even supply you with high quality coin operated washers and dryers in North Carolina.
We also go above and beyond to analyze competitor’s machines so that we can ensure you’re buying the best when you choose to work with T & L. We're not Maytag dealers NC, but we are the top Speed Queen and Continental dealers. Contact us now to start planning and designing your brand new laundromat! Financing is available.