How Much Does It Cost to Open a Laundromat in Ohio?

Learn about costs, profitability, trends in the laundromat industry.
Make a business plan with location analysis, customer research, financial projections, marketing ideas to guide decisions.
Choose a legal business structure like sole proprietorship, partnership, LLC, or corporation to consider liability protection, taxes, ease of setup.
Secure funding from savings, loans, investors, or grants to cover equipment, inventory, licenses, marketing, operating expenses.
Research demographics, visibility, parking, competition, zoning laws, public transit access to find a good location. Consider leasing or buying.
Buy washers, dryers, wi-fi, security cameras, point-of-sale systems. New or used. Get licenses, permits that vary by state, county, city for zoning, operations, health codes, sales tax.
Set prices, payment options based on costs, competition, demand, profit goals. Take cash, cards. Offer loyalty programs. Use marketing like social media, websites, grand opening events, partnerships.
Focus on service to keep machines working, help customers. Offer amenities like entertainment, refreshments, supplies, dry cleaning, wash-and-fold.