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How To Choose The Perfect Location For Your New Laundromat Business

No matter what type of business you are starting, location is always key to the success of your business. And the laundromat industry is no different. But how do you know what the right location is for a new laundromat? Our experts weigh in with some general guidelines to help get you started on your location search!

Tips For Choosing The Right Location For Your New Laundromat Business

Finding the right location can be a turning point for any laundromat business. Here are a few general guidelines to keep in mind when looking for the perfect location for your new laundromat:

  • A free-standing building that is overlooking a great shopping area is often a desirable option. Typical sites often have parking on all sides and are built close to main roads.
  • Strip center shopping malls with a family discount store, supermarket, convenience store, or drug store on either side are also a desirable option. Other attractive tenants could be businesses that offer similar, but not competing, services such as dry cleaners.
  • The location of your laundromat should be a well-populated area with a clientele range of lower- to middle-income residents. The annual average income range should not exceed $50,000 for small towns and should not be more than $75,000 for major metropolitan areas.
  • Factors such as driving patterns and how inward or outward the location is will determine the trade area and the minimum population range you should target. Generally, the minimum population you should target is 12,000 people per one square mile radius, of which at least 30% of the residents are renters. Mobile home and trailer parks are also desirable options, even when the residents are owners.
  • The structure size of your building should be a minimum of 1,500 square feet and a maximum of 6,000 square feet with glass exposure from the main road and the front of the building. Larger sites can also be a desirable option when you have the potential volume of customers to justify the space.
  • The site should be located on a major street with a speed limit of a maximum of 40-45 mph.
  • Available parking spaces close to the front door of your building is vital to any laundromat business. This is particularly true on weekends and at other high-volume times. If you can get reserved spaces for your customers only that’s even better!
  • Your structure should have a vast front glass exposure and an area to include a visible sign from every direction of the street.
  • At least a 10-year lease along with two 5-year options.

These tips are general guidelines. Applying the guidelines to find the perfect location for your laundromat will vary depending on the unique needs and goals of your business. This is where an industry expert comes in!

How Partnering With A Commercial Laundry Expert Can Help You Find The Perfect Location For Your New Laundromat

These tips are general guidelines. Applying the guidelines to find the perfect location for your laundromat will vary depending on the unique needs and goals of your business. This is where an industry expert comes in!

Investors, entrepreneurs, and small-business owners who are looking to open a new laundromat facility don’t need to know everything about the commercial laundry industry to be successful. All you need is to partner with a commercial laundry expert who already knows everything you need to know about the industry to start a successful laundromat.

At Atlas Laundry, our team of commercial laundry experts help new laundromat business owners through the entire process of starting a thriving laundromat—from start to finish. We know that finding the right location is often the first step for any new prospective coin laundry. We will help you analyze community demographics and make sure you know what you need to do to have an edge on local competitors. Our expert team will help you find the perfect location and then will help you turn it into the perfect laundromat so you can maximize your return on investment for years to come!

Atlas Laundry’s Commercial Laundry Experts Help Entrepreneurs And Small-Business Owners Launch Successful Laundromats

When starting a new business in the coin laundry industry you need an industry professional you know you can trust to guide you through the process. Atlas Laundry’s team of experts have more than 75 years of experience creating and maintaining the highest quality commercial laundromat facilities. Our team will help you through the entire process—from knowing your demographics and choosing the right location to supplying the right commercial laundry equipment and helping you launch your opening day—and beyond. Call us at (214) 350-1234 or contact us online to begin working on launching your coin laundromat today!

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