Operating a laundromat or managing an on-site laundry facility for residential properties involves understanding the common issues that can occur with laundry machines. Recognizing these issues and knowing how to address them promptly can help maintain operational efficiency and customer satisfaction. Below are the most common laundry machine part failures and how to repair […]
Laundromats are a profitable business that has been around for many years. While some may feel that laundromats are outdated, this industry is experiencing a resurgence in popularity due to the convenience they offer. It’s easy to see why investing in laundromats can be a wise choice for entrepreneurs. In this blog, we will explore some of the many reasons why investing in a […]
Laundromats are essential facilities that provide a critical service to communities. But they do more than help residents keep their clothes clean. They also contribute to the vitality of the communities that they serve in many ways. A new laundromat has the potential to provide a host of benefits that can positively impact a community.
Are you an apartment building or multi-family housing facility owner looking for a smart and convenient way to increase your revenue, cash flow, and property value with a relatively low-maintenance business opportunity?
As a laundromat owner, it’s not unrealistic to expect returns upwards of 25 to 35 percent. Your profit, however, rests in the quality and performance of your machines, location, and marketing efforts, among other factors.
Whether you’re a laundromat owner or have multi-housing or on-premises laundry equipment, it’s important to keep your commercial laundry equipment up to date. Replacing old and outdated equipment with new machines provides many benefits, from increased end-user satisfaction to improving your bottom line.
Washers and dryers are the lifeblood of a laundromat business. The Coin Laundry Association (CLA) conducted a survey to discover laundromat owners’ attitudes, perceptions, and strategies with regard to the replacement of washers and dryers in their businesses.
Whether you currently own a laundromat, are looking to start a laundromat business, or own a multi-housing property, there is a payment option for you.
At Lakeside Laundry, a big part of what we do is help entrepreneurs and investors start their own laundromats. We’ve written often about laundromats as a flexible, easy-to-start and high-ROI business and how we can help with every step of design and construction. Because I’m also a part owner of two laundromats, I can attest to that.
Looking for a reliable investment opportunity that’s easy to start, flexible, and cash-generating? Starting a laundromat business might be for you.