Resources to help you run your laundromat & drycleaning business

This blog explores the key options for choosing a laundromat location: renting, leasing, buying, or building. It breaks down the pros and cons of each, focusing on costs, flexibility, control, and marketability. Whether you're a new laundromat owner or looking to expand, this guide helps you decide which option best suits your business goals for long-term success.

Purchasing a laundromat is a significant investment, and making the right decision requires careful consideration. Whether you’re a first-time buyer or looking to expand your business, understanding the key factors involved is crucial for success. From financial performance to equipment condition, there are important questions you need to ask to avoid potential pitfalls and ensure long-term profitability. In this blog, we’ll explore the 10 essential questions every prospective laundromat owner should ask before making a purchase, helping you make an informed, confident decision.

This blog explores the shift from coin-operated to card-based laundry payment systems, highlighting the benefits of making the switch. Key advantages include increased revenue, improved customer convenience, and reduced maintenance costs associated with handling coins. The blog also covers different types of card payment options, their impact on customer growth, and how integrating platforms like Turns and PayRange can streamline operations and enhance security, leading to a more efficient and profitable laundromat business.

Starting a laundromat business in 2024 offers promising opportunities, but success requires careful planning and an understanding of key industry trends. Globally, laundromats vary in size, services, and profitability, with digital payment options and service diversification boosting revenue. Essential considerations include selecting the right business model (coin vs. card-operated), navigating legal requirements, choosing strategic locations, and investing in energy-efficient equipment. Customer demographics, operating costs, and competition are also critical factors. By leveraging modern technology and understanding global market dynamics, aspiring laundromat owners can position themselves for long-term success.