A laundromat can be an excellent investment for a savvy entrepreneur. You must spend money to make money, however, especially if you want a competitive laundromat in the modern marketplace. What laundromat supplies should you be factoring into your budget?
Laundromat Supplies to Factor into Your Budget
Whether you’re opening your first laundromat or you’re a seasoned veteran of the industry, you should know that creating your budget is one of the essential parts of your business plan. Your budget will help you purchase all the supplies and equipment you need for your laundromat to keep your customers happy. While a lot of the initial investment in a laundromat is used to pay for the machines, there are a variety of other supplies you’ll want to add to your budget spreadsheet.
Laundry Supplies for Customers
No matter what kind of laundromat you run, you will want to keep some items on hand for customers to purchase to get their laundry done. After all, when someone comes to your business to do a load of laundry, the last thing you want is to see them leave disappointed because they forgot their detergent. The supplies you’ll want on hand vary depending on the laundry services you’re offering and the equipment available to customers. Still, single-use laundry detergent, dryer sheets, and other everyday laundry items are always a wise investment. In addition, don’t forget about carts! Without carts, customers will struggle to move their clothing from the washers to the dryers. They’ll either have to walk back and forth, holding their laundry in their arms, or lug a bag of wet clothes. Simplify the task by offering several carts for customer use.
Furniture, Entertainment, and Other Amenities
What do amenities have to do with running a laundromat? Simply put, your customers need to pass the time while their laundry is being cleaned and dried, and they will not want to spend much time at your laundromat if the furniture or other amenities are not up to par. Budget for comfortable seating, tables and other surfaces for work purposes, and perhaps some fun entertainment items like a television or magazines. You can make additional profit from vended food and beverages, too. Build a cushion into your budget so these items can be replaced instead of falling into disrepair. Your customers will appreciate it!
Speaking of things your customers will appreciate, nobody wants to wash their clothes at a dirty laundromat. The easiest way to keep your laundromat clean is to make sure that cleaning supplies are easy to access for staff and customers alike. Ensure appropriate cleaning materials and supplies make it into your budget and that those resources are refreshed regularly.
Payment System Supplies
Do you want a coin-operated laundromat, or are you willing to invest in creating some alternative payment methods for your customers? If you stick with a coin-operated system, it will cut down on the supplies you need to buy, but you’ll also miss out on customers who appreciate the convenience of electronic payments. Instead of losing customers, consider upgrading your equipment and investing in payment cards and other supplies to make it work. The supplies you’ll need for alternative payment systems vary significantly depending on what kind of payments you’ll be accepting, so be sure to do your research before you set your budget.
As you can see, there’s a lot to keep straight when discussing laundromat supplies, and your needs will vary based on your individual business operations. If you need more expert advice, call us, and we’ll show you how we can put our years of experience in the laundry industry to work for you.
Are you looking for the necessary equipment to run a genuinely modern laundromat? Check out Laundry Solutions Company, a full-service provider of premium vended, on-premises, and multi-housing commercial laundry equipment. Since 1976, we have been providing exceptional sales support, laundry design services, commercial laundry equipment (and leasing options), and laundry equipment service and parts. To learn more about our products and services, please give us a call at 800-383-9274 or contact us online. We look forward to hearing from you!