Buy Your First Laundromat? 4 Upgrades You Should Make To Improve Your Profitability

30 November 2017
 Categories: Business, Blog


If you've recently purchased your first laundromat, you're probably looking for ways to make it more profitable. Laundromats provide a valuable service, and just about everyone will need one at least once in their life. However, it's important to note that some laundromats are more profitable than others, and the profitability usually boils down to customer satisfaction. If a laundromat is clean, and enjoyable to be in, it will receive more repeat business. That's why it's important that you make changes to your laundromat as soon as you can. Here are four improvements you should make to ensure the profitability of your laundromat.

Make the Signs Easy to Read

When you run a laundromat, you rely on your customers – whether it's the loyal ones or new ones who will try out your services. One way to bring in new customers is to make sure your laundromat is visible from the street. The best way to do that is with signs. Take a look at the signs for your business. If they're dirty, broken, or not easy to see from the street, you should replace them as soon as you can.

Improve Lighting and Security

When people are doing their laundry, they want to make sure that they're in a safe and secure location. To provide that feeling of safety, you should improve the lighting and security for your laundromat. Install new exterior lighting so that the building is visible from the parking lot. It's also a good idea to increase lighting in the parking lot, as well. While you're at it, install a security camera on the premises.

Upgrade Your Equipment

When you run a laundromat, you need your equipment to work properly. If the equipment in your laundromat is old, or inefficient, upgrade to newer models as soon as you can. Be sure to include energy efficient, high-capacity models. Your customers will appreciate knowing that they can use less soap and fewer washing machines to get their laundry done. They'll also appreciate knowing that their clothing isn't being destroyed in machines that do not function properly.

Remember Your Customers Personal Comfort

When people are doing their laundry, they may spend several hours in your laundromat. While you're making upgrades to your establishment, it's a good idea to to keep your customers personal comfort in mind. If your laundromat doesn't have customer restrooms, consider making upgrades to include at least one. If your restroom facilities are outdated, and dirty, make renovations a top priority. Click here for info.