A Coin Operated Laundry Retirement
- Author Joann Charamuga
- Published October 5, 2008
- Word count 519
Retiring early has become common today, either by choice or due to retirement age. Often, these personnel are too young to completely retire, but are old enough to not wish to launch a new full-time career. If this category applies to you, you may choose to invest some of your savings into a coin operated laundry. This opportunity is ideal for someone who wishes to be semi-retired.
Attendants are not present at the majority of self-service laundries. This business is easy to run because there is little to do with receivables or inventory. 86 million people are making their homes in rental properties according to the 2000 US Census. A high percentage of these people do not have access to laundry facilities, and, if they do, the facilities are not up to standards.
There are many home owners as well who do not own the equipment they need and must employ the use of a laundry service. Often, homeowners can't afford to repair or replace broken washers and driers when the economy goes on a downturn. Clean clothes are a basic necessity, not unlike food and shelter. Anyone without a washer or dryer can be a potential customer.
Washing and drying is, of course, the main source of income for a laundromat. More income opportunities come from incidentals such as laundry soap, bleach, fabric softeners, and dryer sheets. A generous income can be made from vending machines that sell snacks and sodas.
When establishing a new coin laundry business, there are many important points to consider, such as location. A highly populated area, where most of the people rent, is the best place.
The brand name and the life expectancy of the washers and dryers are also a significant factor. It is important to get an energy efficient machine like Maytag or Whirlpool that has an Energy Star rating and is commercial-quality. The environment will be enhanced and you will save some money too.
You will have to choose if you want to be responsible for your own laundry machine maintenance or if you would like to hire a company to do regular repair and maintenance on your behalf. The use of a service partner company will ensure all machines are well-maintained and can hold up to the demands of a busy location. In order to keep the machines running well, it is necessary to keep the exhaust hoses and dryer vents lint free and the pipes and washer drains open to flow freely. If you want to stop machine downtime and lost revenue, you should pay close attention to what you can do to extend the life of your appliances.
When partnered with a laundry service business, look for one which offers non-resettable coin counters and other similar security features to protect your revenue. Furthermore, this partner business should be quick to respond to service calls. Testimonials from happy customers will confirm the reliability of a quality company.
Whether owning the machines yourself or partnering with a reliable service company, the self-service coin operated laundry business can be the golden goose to keep your late-life years prosperous and income flowing.
Joann Charamuga owns a coin operated laundry business without giving up her free time. Her secret? She uses Web Laundry, a laundry service. They provide impeccable service and reliable laundry services, including coin operated washers, allowing Joann to run the shop without being present. Now that’s the perfect business.
Article source: https://articlebiz.comRate article
Article comments
There are no posted comments.
Related articles
- How to Make Money on YouTube Without Making Videos
- Maximizing Your Earnings: Tips and Tricks for Boosting Your Income
- Why Is Interior Painting so Expensive?
- Title: The Emergence of Custom-Built Metal Garages in the UK: A Sustainable Approach to Asset Protection
- Cash in on Success: Uncover the Best Affiliate Program Payouts
- How Can Home Insulation Reduce Energy Bills?
- 5 Profitable Tech Niche Markets for Online Profitability
- Overcoming Bidding Wars to Win-Win Agreements in Real Estate Negotiations
- Essential Considerations for Effective Garage Door Repair: Insights from Kiki Garage Door
- Securing Your Home with Expertise: Believe in Kiki Garage Door for First-Rate Garage Door Fixing in Mercer Island.
- Unleashing the Power of Hashtag Generator YouTube
- How to Start A Online Business?
- The Dark Side of Smart Machines: When AIs Turn Against Us
- A Step-by-Step Guide to Installing a Container Shelter
- A Complete Roadmap to End of Lease Cleaning: An A-Z Guide
- The Psychology of Wardrobe Organization: Reducing Stress and Enhancing Daily Routines
- Top-Rated Painting Contractor Lincoln, NE - Quality Workmanship
- Russell Brunson’s Secrets of Success Review: Unlocking Affiliate Opportunities
- Luxury Property Refurbishment in London: Creating Opulent Spaces
- Navigating the Kansas City Real Estate Market: Your Comprehensive Guide to a Successful Home Sale
- Enhancing Quality of Life: Non-Emergency Wheelchair Bound Transportation for Dialysis Patients in Houston, Texas
- Efficiency Starts with Cleanliness: Streamline Your Operations with Auckland's Top Cleaning Services
- Investors Drop Box vs. Traditional MLS Listings: The Future of Real Estate Investing
- Hire Shopify Store Manager Online Services with www.shopifystoremanager.com
- Work From Home Opportunities
- Understanding Free Inspection and Estimate from a Roofing Company
- Roadmap to Riches Review
- "Man and Van vs. Traditional Movers: Choosing the Best Moving Service in Manchester"
- Impact of fashion: Embracing Natural Beauty in World Fashion's 2023 Trends
- How to Choose the Perfect Home-Based Business for You