Anyone ever opened a laundromat? Vol. Servicing the neighborhood

flyny

flyny

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I always thought about this.

I know its a lot of cats on here who own their own businesses.

I'm considering opening up a laundromat. Something light. Mainly to give back to the community, give the streets somewhere they can make a drop off and we do all the dirty work and wash their clothes for them and have it ready by the end of the day.

I might put a business plan together and get the ball rolling and start raking in the dough. I heard about this one cat who owned a laundromat and he was making crazy loot.

I have the marketing plan down pact. I already know I'd hold neighborhood give backs like street fairs and basketball games etc.

Anyone have any first person insight
 
Cheaper to own a dry cleaners than it is a laundromat. Cleaners outsource most if not all of their product to a cleaning company. The only thing you really have to worry about in terms of expenses is overhead and electric bills. With a laundromat, you need a nice piece of change to buy washers,dryers, water and electric bill.
 
TheRealRell said:
Cheaper to own a dry cleaners than it is a laundromat. Cleaners outsource most if not all of their product to a cleaning company. The only thing you really have to worry about in terms of expenses is overhead and electric bills. With a laundromat, you need a nice piece of change to buy washers,dryers, water and electric bill.
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Really? I never knew that.

@FlyNY   reading your plan it seems you're doing a full service laundromat rather than just providing access to washers and dryers. That'll increase the cost tremendously because you'll need to hire staff as well as have supplies on hand. So IDK about all that. The hood may prefer to save a dollar than save the time but ya never know.

Service industry > retail
 
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On the real tho this business plan is legit. There have been worse.
 
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TheRealRell said:
Cheaper to own a dry cleaners than it is a laundromat. Cleaners outsource most if not all of their product to a cleaning company. The only thing you really have to worry about in terms of expenses is overhead and electric bills. With a laundromat, you need a nice piece of change to buy washers,dryers, water and electric bill.
Click to expand...

[emoji]128064[/emoji]

Hmmm...
 
I know a guy who was moving all kinds of money in the 90's. Dude had a V12 Mercedes with gold rims.

He opened up a couple laundromats to wash down his money and got caught up when they found out he was charging like a dime to use the machines and was saying he brought in like 5x more than he did. dude served like 5 years in a federal prison where he learned all kinds of business stuff.
 
Pretty sure laundry mats are slow bucks. What you need a do is open up a cleaners by Central Park or Williamsburg or even Chelsea. For a month and run a huge sale. Free 10 lb cleaning.

And just close shop after 2 weeks. Sell everything you find online.
 
fastcash said:
Pretty sure laundry mats are slow bucks. What you need a do is open up a cleaners by Central Park or Williamsburg or even Chelsea. For a month and run a huge sale. Free 10 lb cleaning.

And just close shop after 2 weeks. Sell everything you find online.
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Do you have any potential investors?
 
Why you always want to be in and around the hood papi? Why don't you use that MBA of yours and put together a legit business plan for a nice little Thai place in the suburbs.  You know, something your family and college friends can be proud of.  Where your homies can take their little babes on dates and eat some exquisite cuisine on the house.  The last place you need to be spending anymore of your time is a rat infested laundromat in the hood.  You are simply asking for thot drama, dice games, shoot outs, drug deals, and opening up shop daily to find fiends curled up in the dryers.  You not finna be rolling up to Rucker-esque games in a big body foreign with cuban links on hopping out like a neighborhood star, cameras not gonna be flashing, girls not gonna be screaming your name, just cause you opened up a laundromat and gave away a few school supplies.  The hood really got you delusional, my brother thinks he gonna be a combination of money aint a thing Jay-z and Mitch from Paid in Full just for putting a few old kenmores in the jects. 
 
fastcash said:
Pretty sure laundry mats are slow bucks. What you need a do is open up a cleaners by Central Park or Williamsburg or even Chelsea. For a month and run a huge sale. Free 10 lb cleaning.

And just close shop after 2 weeks. Sell everything you find online.
Click to expand...
Post to SN ratio is something out of this world.
 
FlyNY said:
I always thought about this.

I know its a lot of cats on here who own their own businesses.

I'm considering opening up a laundromat. Something light. Mainly to give back to the community, give the streets somewhere they can make a drop off and we do all the dirty work and wash their clothes for them and have it ready by the end of the day.

I might put a business plan together and get the ball rolling and start raking in the dough. I heard about this one cat who owned a laundromat and he was making crazy loot.

I have the marketing plan down pact. I already know I'd hold neighborhood give backs like street fairs and basketball games etc.

Anyone have any first person insight
Click to expand...
Come on Pa you in NY you mean to tell me your NY people cant sexy themselves up and step up their plumbing fixtures pa?
 
DH1Water said:
 
Why you always want to be in and around the hood papi? Why don't you use that MBA of yours and put together a legit business plan for a nice little Thai place in the suburbs.  You know, something your family and college friends can be proud of.  Where your homies can take their little babes on dates and eat some exquisite cuisine on the house.  The last place you need to be spending anymore of your time is a rat infested laundromat in the hood.  You are simply asking for thot drama, dice games, shoot outs, drug deals, and opening up shop daily to find fiends curled up in the dryers.  You not finna be rolling up to Rucker-esque games in a big body foreign with cuban links on hopping out like a neighborhood star, cameras not gonna be flashing, girls not gonna be screaming your name, just cause you opened up a laundromat and gave away a few school supplies.  The hood really got you delusional, my brother thinks he gonna be a combination of money aint a thing Jay-z and Mitch from Paid in Full just for putting a few old kenmores in the jects. 
Click to expand...
pimp.gif
 
If you got it why not, Wale said it best on the White Shoes record

Where the sneaker stores and laundromats get all the money Cause it ain't 'bout what you're doin', 'but how you're lookin'
 
bigz704 said:
If you got it why not, Wale said it best on the White Shoes record

Where the sneaker stores and laundromats get all the money Cause it ain't 'bout what you're doin', 'but how you're lookin'
Click to expand...
Wale never said anything "best"
 
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