Vended Laundry Checklist
Like any other investment, getting into the coin laundry
industry requires careful due diligence and advance planning. It is
important to do some basic research first to determine if this is a
good investment for your particular situation. Selecting the right
distributor can go a long way. Our global network of distributors
will assist you with all of the following steps:
Start by analyzing your own financial situation. What is your
net worth? What free cash do you have available? What free time do
you have available? Do you want to buy an existing store or build a
Select the potential location and run an extensive demographic
analysis. Once you know who your potential customers are, find out
which laundries they currently patronize and develop a competitive
analysis of your competition.
With demographics in mind, develop the mix of models and
capacities that your customers will appreciate. Our Laundry Design
Service can assist you at each stage of your project with several
timesaving design and planning tools.
Finalize your model mix and layout and have your distributor
take you through the zoning, permit and construction process.
Submit paperwork for financing (if applicable).
Hire store staff if needed, plan your advertising and continue
to analyze your competition. Once again, it's very important to
work with your distributor throughout the process. As more
questions arise, you want the best distributor by your side as your
consultant. They know the local market, they have built stores in
the past and they know where you can cut corners and where you
should not. And they have the local support available to help make
your venture a success.