Business Plan and Coin Laundry |
| Planning a Card or Coin Operated Laundry Business That's why Continental provides comprehensive card and coin laundry solutions for our customers. There is a lot to consider when planning a coin laundry like location, product mix, layout and more. Continental, along with its experienced network of professional distributors, is here to guide you through the process, to help ensure your coin laundry business plan is a success. Your Continental Distributor is Your Teammate Your Continental distributor is experienced when it comes to starting up new energy-efficient coin laundry business. So, make this professional your partner every step of the way. Your Continental distributor can provide recommendations on where to locate your coin laundry business, what card or coin operated laundry equipment to install, and how to handle lease negotiations and obtain competitive financing. Continental distributors have been in the laundry business a long time — they know what works and they want you to succeed. Most importantly, they are there to support your success after the sale, by providing the service and marketing support you need to keep your coin laundry equipment operating at peak performance levels, and customers returning again and again. To find your nearest distributor, click here. Site Selection Store location is key to the success of your card or coin laundry business. That’s why it’s critical to locate your store in a demographically appropriate area. There are many factors to consider when selecting the location for your coin laundry business, including traffic density, population, competition, availability of utilities, store visibility and even available parking! Be sure to consider a location's traffic patterns and volume, neighborhood trends and competition. Are there any other coin op laundries nearby? If so, how might their business affect yours? Your Continental distributor can help you answer these questions. |
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| Demographic Analysis At Continental, we conduct demographic studies of a location before you invest. In doing so, we help you determine a population’s ethnic origin, median income, rental percentage, family size, and median age. Historic trends show that coin operated laundry business perform best when located in high rental areas and where lower-income families reside. However, each situation should be analyzed individually. |
Store Planning - There’s Much to Consider Other factors to consider when planning your Card or Coin Laundry:
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