Should your laundromat be open 24/7? In today’s 24-hour world, it’s not unusual for big-box stores, gyms, convenience stores, laundromats, and other establishments to be open around the clock. How do you decide if your laundromat should offer regularly scheduled operating hours or follow in the footsteps of places that are always open? Should Your …
How to Value a Laundromat
Appraising a house to determine its value involves looking to see what similar properties in the same area sold for in recent real estate transactions. Determining the value of a laundromat is a bit more complicated. If you’re wondering how to value a laundromat, here’s what you need to know. How to Value a …
Tips for Buying a Laundromat
If you want to own your own business, a laundromat can be an intriguing option. After all, it’s a recession-proof choice that can bring a steady income with relatively little day-to-day demands. It also allows you the freedom to put your own personal stamp on your business since the kind of conformity that franchises tend …
How to Keep Your Laundromat Clean
An American Coin-Op Wire survey asked laundromat operators to name the first quality that came to their mind when asked to describe a great laundry. Some 55 percent cited cleanliness, and it seems that their instincts are incredibly accurate. According to the American Coin Laundry Association, more than 80 percent of customers say that cleanliness …
How People Choose a Laundromat
One key to owning a successful small business is to understand your customers and what motivates their decisions. This is much easier said than done, but luckily the Coin Laundry Association surveyed customers and found that cleanliness, safety, and convenience are among the top factors people take into consideration when deciding where to do laundry …
