How to Open a Coin-Operated Laundry

Starting a coin-operated laundry could prove to be a successful business venture if it is something you truly have the desire to do. Many people without washers and dryers in their home will depend on coin-operated laundry services to wash and dry their clothes.

1. Design a plan for your coin-operated laundry services. Decide how many washing machines and dryers you will need for your business.


2. Obtain a business license to run the laundry services. You can apply for the business license online at sba.gov. You will also need to obtain a Tax ID number from the IRS which will be used when you file taxes for your business each year.


3. Pick a location for your coin-operated laundry. It is a good idea to choose an area where there are not many other laundry services because this will eliminate some of the competition.


4. Find the property that you will use for your business. You may want to purchase the property or you may end up renting the property.


5. Search for wholesale distributors to purchase your coin-operated washers and dryers from. You will also need to purchase chairs, folding tables and other types of products from the wholesale distributors. Wholesale distributors provide the products you need at an affordable rate compared to regular stores.


6. Purchase laundry detergent and other laundry supplies in bulk.


7. Paint the interior of your business and then set up all of your machines and other laundry supplies.


8. Think of any extras that you can add to your laundromat to receive even more customers. You can set up a concession stand, vending machines, and even provide wireless Internet for paying customers. You may also want to provide dry cleaning services to your customers.


9. Advertise for your coin-operated laundry. You can put an ad in the paper, create business cards or pass out flyers to local businesses and residences. Set up a grand opening special for customers.


10. Be prepared for customers. Always greet your customers and offer assistance. Hire extra employees if you being to feel overwhelmed.