A laundry business offers washing and cleaning services for clothes, uniforms, and fabrics. Additional services like stain removal, dry cleaning, and ironing may be offered. The laundry service company charges fees based on volume or load.
Laundry Services and Operations
Customers drop off laundry to be washed, dried, and folded before paying and picking up clothes when done. Services like stain removal, dry cleaning, and ironing may be offered. Laundry is picked up and delivered on a schedule for a fee based on weight.
Laundromat Business Model
A laundromat provides washers and dryers for customers to pay to use. Most are self-service, requiring the purchase of washer and dryer time.
Laundromats generate about $5 billion in gross annual revenue. Coin laundries range in value from $50,000 to over $1 million. The personal and laundry services industry includes laundromats, dry cleaning, and laundry services.
Starting a Laundry Business
Create a business plan, get funding, purchase equipment, find a location, and market your services. Offer value-added services like stain removal and ironing. A laundry pickup and delivery service has low startup costs and high income potential.
Hazards and Considerations
Hazards of a laundromat include slippery floors, chemical exposures, fire risks, and poor ventilation leading to mold. Proper maintenance is crucial. Implementing a self-service laundry business presents challenges in finding suitable space and meeting building codes.
Industrial Laundry Services
Industrial laundry services cater to businesses’ specialized needs like restaurants, hotels, and hospitals, requiring specific washing processes or cleaning products. Dry cleaning uses alternative methods without water to clean delicate items. Understanding client industries is key to an industrial laundry business.