Investing in Laundromats

If you’ve recently purchased commercial laundry equipment for your laundromat business, you may be considering installing your new washers and dryers yourself or hiring a contractor. However, improper installation can lead to major maintenance issues down the road. One of the benefits of working with a commercial laundry distributor like OEM is that the professionals installing your equipment are experts in the products and the installation process, making it quick, easy, and efficient.

1. It’ll get done right – the first time.

Laundry experts will make sure your equipment is installed correctly right from the start, saving you time and minimizing downtime and ongoing maintenance issues down the road. With a professional installation, you won’t have to worry about whether your laundry equipment is hooked up correctly, major plumbing issues, or electrical mishaps

Did you know that more than 80% of your laundromat patrons will live within a mile of your laundry business? If you’re looking to invest in the laundry industry, we can’t stress the importance of picking the right laundromat location enough. Determining a spot for your new laundromat business is not a decision you should take lightly.

Demographics

The demographics surrounding a potential laundromat location are a key indicator of whether or not your business will be successful. If the majority of your laundromat customers are going to be living within a mile of your laundry facility, then it only stands to reason that the people living nearby will be the ones using it. Take stock of who’s living in and around the area. Industry research has shown that the people who use laundromats most frequently are:

• Renters
• Students
• Low to medium income level
• Part of large households/families

Consider popul

When we work with new investors in the laundry industry, one of the questions we get asked a lot is how to improve safety and security at laundromats. While you can’t always stop vandalism, theft, and crime from occurring at your laundromat business, there are some steps you can take to keep your customers, employees, and your investment safer. Here are just a few of the basics we recommend.

1. Research the area before you invest.

Picking a location for your laundromat isn’t something you should take lightly. Besides looking at the building specs, it’s important to take a look around the surrounding area from a safety perspective as well. In order to deter potential crime, you’ll want to find a laundromat location that is:

• Well-lit (both externally and internally)
• Easily visible and accessible from roadways and other businesses
• Surrounded by well-kept businesses and residential properties

Through the int

Energy efficiency is hot topic among many business owners and investors, but especially for those in the laundry industry. Water and electricity make a laundry business run – literally and figuratively. As the costs of water and electricity rise, energy efficiency is only going to be more important. If you’re new to the laundry industry or simply on the fence about upgrading washers and dryers at your facility, making energy efficiency a top priority is crucial. Though investing in high-efficiency washers and dryers for your coin-operated laundromat or on-premise laundry room is a big decision, it is one that can lead to increased success in the future.

Lower utility costs

For a long time people in the laundry industry could expect utility costs to use up approximately 25-35% of gross revenues, but that’s changing according to the Coin Laundry Association. Today’s washers, dryers, and other commercial laundry equipment is more efficient than ever, and lau

OEM Laundry Parts first started selling high-quality commercial laundry equipment from Tolon Global in summer of 2017. We absolutely love their commercial laundry products – and we want to share them with you! If you’re looking for commercial washers and dryers for your laundromat, hotel, apartment complex, or other on-premise laundry business, Tolon is a great choice. Here are a few things you should know about the company and the products they offer.

They’ve been around a while.

Tolon Global has been operating since the 1930s as a company specializing in automatic industrial washing, pressing, drying, ironing, and foldi

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