How to Start a Laundromat Business
The most successful businesses in the world are those that meet a genuine personal need — they provide basic necessities to people to help them feel safe, comfortable and looked after. The laundromat is a great example of this type of business, providing a basic but essential service. If online selling or being a digital nomad isn’t for you, a laundromat is a reliable, sustainable alternative.
Like cleaning businesses, laundromats help your customers meet their most basic needs — cleanliness and comfort. It might not have the kudos of consultancy or the flashy screens of the latest consumer device, but people will always need clean clothes. Coin-operated laundromat businesses don’t need a huge amount of administrative overhead either, so they can be a good way to break into the entrepreneurship space.
Laundromats are also referred to as coin-op laundries, coin laundries, coin-operated laundries or self-service laundries.
Laundromat business formation guide
In this guide we’ll explore everything you need to do to set up your laundromat business and maximize your chances for success. We’ll cover:
Understanding the world of the laundromat
Paying taxes and for your laundromat business
Deciding if you’re ready to start a laundromat business
Hiring employees, managing finances and administering your laundromat business
Planning out your laundromat business
Locating other resources for your laundromat business
Determining the best legal structure for your new organization
Following various rules and regulations
And much more
By the time you’ve read through our complete laundromat business guide, you will have all the information you need to set up and manage a thriving laundromat business. Let’s get into it.