Laundromat Resource › Forums › Laundromats › Uncertainty in the BUSINESS › Reply To: Uncertainty in the BUSINESS
Simply put there arent many uncertainties but no guarantees
Poor location and demographic (meaning your store isnt needed in that area anymore)
Poor Street signage to help direct people to your store.
Bad equipment as this runs customers off and raises usage of water and electricty which eat into your take home.
A brand new location being built within a mile radius of your store
Are some factors that could play in a store failing
There are very few franchises and most businesses models vary per location
Some stores run themselves some need store managers 6-12 hrs a day.
The business of laundromats is pretty simple customer service is key good equipment clean store keep people coming back.
