If you're looking for a good opportunity in a growing rental market, look no further than setting up a laundry operation in a busy suburban area that's not well-served. The more rental units in the area, the better; especially if they are relatively small in terms of square footage. Often, this type of unit will not have a washer, dryer or combo within and the occupants will be on the lookout for a commercial facility, which they will then patronise on a very regular basis.
All you need to do is to set up the facility correctly so that you can maximise your own opportunity and provide a decent service for all your patrons. However, you need to be careful when setting up the business so that you choose the right equipment.
Simplicity Is Key
These days, washing machines and dryers come in all shapes and sizes, and some of them are very sophisticated indeed. They use all kinds of electronic wizardry and can be programmed to deal with different sizes of load, different times of day and to accommodate tasteful tariffs.
This type of machine tends to be an all-in-one configuration, however, and you will find that it has a larger footprint than the other option, which is stackable. The smaller the appliance, the more that you can fit into your facility and the greater the potential for profit.
Remember, if you have an all-in-one unit taking up your floor space, it will only be able to "turn" half the workload as compared to a stackable. This is because these stackable units can deal with two different functions at the same time and in each case, the client can pack in a full-size load. The inclusive unit will need a lot more time to do the same work and will only have half the drying capacity of the stackable.
Gas or Electric?
Be careful when you choose your equipment if you want to take advantage of gas utility as well as electric. The all-in-one unit will typically only run from an electric source, while a stackable gives you the option to choose.
Setting up Properly
Talk with your equipment supplier to work out how many stackable units you can install, as you set up your new venture. You will be able to maximise your potential and have a loyal clientele to keep paying those bills.
For more information, contact your local laundry installer today.