Demographics play a huge part in determining whether or not a laundromat can be successful and profitable. Unfortunately, many potential owners aren’t as interested in learning about demographics as they are finding a location and getting the doors open. Below, you will find several reasons why demographics are important. Searching for a laundromat investment opportunity…
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Fire Prevention in Laundromats
Did you know that commercial dryer fires have a 78% higher injury rate than residential dryer fires? The majority of laundromat fires are caused by a buildup of lint in the dryer's vent or by rags with flammable liquids on them that are being dried in the laundromat's machines. Preventing a fire in your laundromat…
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New Laundromat Pros and Cons, continued
Are 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…
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Best Money Counters for Your Laundromat
As we continue to look at one of the most crucial pieces of equipment in your laundromat's office, the money counter, we turn our attention away from the features of these counters and to the machines themselves. There are a wide variety of devices available on the market today. Choosing the right one for your…
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