Thanks to improvements in technology, commercial laundry equipment has come a long way. Washers, dryers, and other laundry machines are now faster, quieter, and more energy-efficient than ever before. If you're still using older laundry equipment at your facility, it may be taking more of a toll on your business than you realize. Here are a few reasons to reinvest in your laundromat with new, upgraded equipment and reinvigorate your coin-op or on-premise laundry business.
Your utility costs will go down.
Utility costs are a huge concern – and one of the biggest expenses – for laundromat owners. As the price of water and electricity continues to creep up, laundromat and on-premise laundry facility owners need to do everything they can to make sure their business runs efficiently and stays competitive. By upgrading your laundry equipment, your business can save hundreds or thousands every year. With better technology and advance design, today's commercial washers and dryers hav
If you’re considering opening a laundromat, you probably have a lot of questions. It’s a big decision and investment, and you want to make sure you’re setting yourself up for long term success. Before getting too far in the process, here are a few key things you should know about the laundry industry and opening a laundromat.
Laundromats have a high ROI.
Do you want your business investment to pay off in the long run? Of course you do! If you decide to invest in the laundry industry, you’re in luck. Laundromat businesses in the United States generally see between a 20 to 35% return on investment and about a 95% success rate. Since clean clothes are always a personal and health necessity, the laundry industry is also resistant to rises and falls in the economy.
It’s a flexible job.
Flexibility is one of the best things about being a business owner, and the laundry industry provides
