One of the biggest questions a successful business owner faces is knowing when is the right time to expand. Once they have built a successful laundromat and managed to gain a loyal clientele, many laundromat owners feel like they have it all figured out. How to market themselves, the right type of employees to hire, what services to offer, and even what price to set at the machines are no longer a mystery like they were in the beginning. What many business owners fail to take into consideration is that starting a new location comes with some unique challenges and, in some ways, requires starting all over again.
At T & L Laundry Equipment we have been in the vended laundry business for more than 40 years. We're not Maytag dealers in South Carolina, but our expert team has the product and industry knowledge you need to grow your business into a successful second location. From selecting the latest in Energy Star rated equipment from Speed Queen and Continental to complimentary onsite visits with our professional team to determine the best layout for your new equipment, your partners at T & L can help you be prepared for your new location. We proudly offer in-house financing and planned maintenance agreements to help keep your equipment working in top condition.
Here are some of the key things to consider when it comes time to expand your laundromat business:
- Know What Worked - Before you can consider opening another location you need to understand why your initial location was a success. Maybe there was something special you offered at your original location, or maybe it's the way your team provides exceptional customer service. Whatever it is, be sure that you can replicate that crucial element in your new location. If the reason for opening the new location focuses on adding a new service or something different to your business format, ensure that you take the knowledge from your first location about what drew people to your business and apply it to your expansion.
- The Value of Location - You found a great location for your business the first time around but as the old saying goes, lightning doesn't strike twice. Finding a second choice location for your laundromat can be difficult. Don't settle for something you think you can make work, instead actually work to find the right space. Once you have the right location, the rest will fall into place much more quickly this time around since you have learned valuable lessons from your previous location about where to spend your time and energy before opening.
- Are You Financially Ready? - Before you begin to consider expanding, keep in mind that your original location should have been profitable for six months or more. Let your profits be your guide when it comes to choosing the right time to expand your business. If you haven't turned a profit yet, you should ask yourself why you think growing your business is a good idea.
Stop Searching for Maytag Dealers in South Carolina!
Consider working with T & L for all your commercial laundry equipment needs. Not only do we offer the best washers and dryers on the market, we also offer engineers, in-house, that will work with you to design your very own laundromat. Our professionals have extensive planning experience, from location scouting to service evaluation and more. We can even supply you with high quality industrial 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. Even though we're not Maytag dealers in South Carolina, we are the top Speed Queen and Continental dealers. Contact us now to start planning and designing your brand new laundromat! Financing is available.
