When you are looking to buy a California laundromat, location can make or break your business. Choose the right location, and you will be able to build a profitable business in no time. Choose the wrong location, and you will be fighting an uphill battle. These tips from Golden State Laundry Systems will help you select the best possible property for your California coin laundry business.
High Traffic Street
The more people that drive past your store everyday the higher your customer base will be. A street with a speed limit of 40mph or below is ideal, and there should be convenient entrance and exits to and from the road.
Good Visibility From The Street
A store with prominent signage that is easily visible from the street is the best marketing tool your business could hope for. Nearby stop signs are useful as drivers will notice your store as they wait.
Plenty of Parking
Parking is a must for a laundromat business. Especially at peak times like weekends, your store needs plenty of parking spaces.
Demographics
As a general rule your neighbourhood’s population density should be at least 12,000 people per square mile of which at least 30% are renters. Locations near apartment buildings or trailer parks are particularly attractive.
Near A Supermarket
Locations beside supermarkets are particularly attractive because they allows your customers to complete two weekly tasks in one trip. These routine visitors will help you build a reliable customer base.
Store Size
A store between 1,500 and 6,000 square feet is ideal. Look for stores with glass storefronts as this makes your store more welcoming to customers.
Buying a Laundromat? Get a Free Brokerage Consultation!
Golden State Laundry Systems has over 60 years of experience in laundromat brokerage, and can help you with every aspect of running your successful laundromat business. Our team of agents can find the perfect laundromat for you in California.
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