With fewer and fewer people carrying cash, let alone coins, in their pockets these days, laundromats that don't offer their customers a cashless option could find themselves being left behind. The Coin Laundry Association estimates that the self-service laundry industry is a nearly $5 billion dollar market. In 2016 alone, the industry showed an average increase…
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What You Need to Know About Your Competitors
Have you been following our series on why competition is important and how you can understand it better? If not, be sure to take a look at each article within this series: Laundromat Competition - Why It Matters! How to Identify Your Competitors How to Evaluate Laundromat Competition in Your Area How to Beat Your…
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How to Evaluate Laundromat Competition in Your Area
Ready to better understand what it takes to evaluate laundromat competition in your area? Want to identify them and know how cater to your current and potential customers in a way that keeps them coming back to you? Below, you'll find that and more! In the beginning, make a list of every laundromat within a…
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How to Overcome a Bad Laundry Location
As we wrap up our series on the importance of selecting the right location for your laundromat, it is important to acknowledge what happens when your business is not in the right location. Whether your budget didn't allow for an optimal location or you just misjudged, there are ways to turn a bad location into…
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