Thinking of a business to start this 2019? The list will be almost endless, each with its own promise. Among others, one worth considering is a self-service laundry. Is it a feasible business idea? YES, it is indeed feasible! Nonetheless, similar to other entrepreneurial endeavors, success can be uncertain. The future of the business will depend on how you manage it.

Benefits of Having a Self-Service Laundry

With the proliferation of companies providing high-quality industrial laundry equipment, such as in the case of Continental Girbau, it is now easier to get started with your own business. Access to equipment and other resources needed will be fairly easy.

To add, the increase in demand is also another reason why a self-service laundry can prove to be visible. People have been living in smaller apartments without space for laundry equipment. With this, it is understandable why many people would rather go to a laundromat than to wash their own clothes at home.

Self-service laundries are also good because they do not require significant investment in human resources. You do not need full-time employees to be there to wash and dry clothes. Nonetheless, you will still need access to staff to man the shop and to people who have the technical expertise to repair the equipment when they break down.

How To Start a Self-Service Laundry

For the self-service laundry to succeed, below are some of the things that can help:

  • Partner with the right suppliers of your laundry equipment. If you need reliable equipment for your self-service commercial laundry, Continental Girbau might have the machines that you are looking for. The company also offers financing options, making it easier to get started with your dream business.

  • Find a location where you can be easily found by your target market. It should be in a place where your customers are. The area should also be under-served. If it is saturated with competition, it will be more difficult for a new business to succeed.

  • Invest in designing the place. Be creative in coming up with the look of the place. Use colors that will excite your customers and will positively affect their mood.

  • Come up with an effective marketing plan. It should be as detailed as possible when it comes to the strategies that you will pursue in the promotion of your self-service laundry business. Do not forget to tap the power of social media.

  • Study your competitors. You do not have to replicate their strategies. However, you can learn a lot from what they are doing, especially the ones that have been in the business for a long time already.

  • Make sure to come up with the right pricing strategy. A good basis would be what your competitors are charging. ​

Indeed, a self-service laundry is a feasible business idea. There is high demand and the requirements are pretty much simple. It may be quite capital-intensive since it requires the need to invest in high-quality equipment, but the returns are quite attractive, especially if you employ the right strategies.