How do you start a laundry mat business?

Answer by  wally6 (19)

Existing laundromat facilities are typically available through business brokers. You can rent the property, building and equipment on a monthly basis. Be aware that this can be a high labor, low margin business. Start up costs can be low with leasing, about the size of a car payment.

Answer by  patti (29325)

Write a detailed business plan. All successful businesses start with a business plan. Most that fail never had one. Calculate costs for rent, equipment, employees, insurance, security, furniture and fixtures. Who is investing? Why should they? Cite your business background and performance record for investors.

Answer by  bo (874)

If you would like to start a laundry mat business, you need to find out as much information about the business as possible. Find out the prices of machines, what you need, etc. Also, you need to have cash to start up and operate for at least six months.

Answer by  worker2592 (117)

You first need a space to rent, and a lot of washers and dryers. Once all of that is set up you can advertise and get people to come to your store to wash clothes for a reasonable price.