This is a complete, practical guide to help you succeed with a mobile laundry business. So, if you have also been thinking in that direction, this is all you need to know about starting a mobile laundry business.
Creating a dry cleaning is a project that can become profitable quickly and allow you to flourish. In fact, study shows that it is one of the safest and most lucrative business to start after the recent pandemic. However, it is important to study your project and take some precautions before opening your laundry. What do you need to start a mobile laundry business? Should you even go into it at all? How profitable is the business? These and many more are the questions that are going to be answered in this post. So, keep reading to see all that you need to know about starting a mobile laundry business.
Why Open A Laundry Business?
Have you had the idea of opening a mobile laundry business but you do not know how to go about it? Before taking concrete steps, it is important to ask yourself a few questions that will allow you to know if your project is viable and if you have a real motivation to get started.
Starting a mobile laundry service is an excellent project that will allow you to enhance your income and move your business forward. If you want to succeed as a launder, ask yourself if you have a real motivation to run a dry cleaning business. It is also important to take stock of your skills in business management and dry cleaning.
Finally, you must ask yourself if you have the requisite commitment to embark on a project of this scale compared to your situation. Creating a mobile laundry business requires an enormous investment in the form of time and energy, so you need to embark on this project with adequate preparation.
What is a Mobile Laundry?
Laundry is a business outfit, factory, or shop where clothes are washed, dried, ironed, packaged, and delivered to customers.
A Mobile Laundry is the operation of laundry services on a truck equipped with sets of washers, dryers, and an ironing facility. A mobile laundry drive from place to place offering laundry services to interested customers.
Laundry business owners charge a stipulated amount of money to get people’s clothes laundered for them.
Is It Profitable to Open a Laundry Business?
Is a Mobile Laundry Business Profitable? The answer is simple: yes. One of the key characteristics of this type of business is that it achieves high profitability with more people voluntarily patronizing them to save time and money, and also for the quality of the service offered.
The target clients of the launderettes vary from seniors to families, working-class people, and students.
In terms of lucrativeness, the mobile laundry business is profitable when you operate in the right locations. Preferred locations are busy suburban or urban areas, student campuses, or close to the main vacation spots.
A revealing report by Coin Laundry showed that a laundry shop in the right location can make as much as $15,000 and $300,000 per year. If a stationary laundry shop can rake in such an amount, then a mobile laundry is more promising because you take the service to people’s doorposts.
The Complete Guide to Setting up a Laundry Business
Academic Qualifications of a Launder
Formal education is not required if you want to offer laundry services. However, basic education in business management is necessary to make the administrative running of your business a successful one.
Aside from the above, be knowledgeable about clothing materials and how best to wash them, then you are good to start your mobile laundry business.
Does a Mobile Laundry Business Need Office Space?
No, a mobile laundry does not need office space. Your laundry truck is enough to get your business running.
What are the Legal Requirements for Mobile Laundry Business?
Running a laundry business requires at least basic business registration and licensing.
Registration of a Mobile Laundry Business
A laundry business may be registered as a Sole Proprietorship or a limited liability company (LLC).
Tax Registration for Laundry Business
In the US, an Employer Identification Number gives your business identity. If you are an intending or existing laundry owner, an EIN online registration is easy.
Licensing for a Laundry Business
The licenses and permits required for the operation of a laundry business vary by state of operation. A general document may be the water pollution control permit.
To find out about what licenses and permits are needed in your location, consider getting the counsel of a business attorney.
Starting a Mobile Laundry Business Proper
Acquire a Laundry Truck
To start your mobile laundry business, you need to buy a laundry truck. A brand new laundry truck van may cost between $50,000 to $95,000 while a used one costs between $1,500 to $65,000.
A laundry truck has all the equipment needed for the complete running of a mobile laundry business. Utilities found in a standard laundry truck include:
- Sets of washing machines
- Sets of drying machines
- Ironing board/Folding Table
- Shelving
- Laundry Sink
- HVAC Unit
- On-Demand Water Heater
- White Aluminum Walls & Ceiling
- Aluminum Diamond Plate Floor
- Electric Brakes & Heavy Duty Suspension
- Lights
How to Source Funds for your Laundry Business
Starting a mobile laundry business is cost-effective, as seen from the cost of a truck above. You can ease this burden by requesting funds from banks or credit institutions, equity investors, public bodies such as employment centers, or crowdfunding platforms.
Prepare your marketing strategy
Once you have gotten a laundry truck, you are all set to hit the laundry competition hard. The next important step is a marketing strategy. The importance of mapping out your laundry business marketing strategy is that it helps you retain customers after having found them.
You can start by creating a website, being present on social networks, using advertisements or flyers, or even offering regular promotions. Subsequently, the business plan is decisive in ensuring your future financial partners of the strength and validity of your business.
It should be easy to understand, precise, and complete. It includes in particular, a market study, financial forecasts, a business model with the presentation of the project, and a list of your services.
Conclusion
You are tempted to ask, “Is that all?” Yes, that’s all you need to know to start a mobile laundry business. All you have to do is start immediately; get one truck, start and grow your mobile laundry business. Remember, there is room for growth and expansion.
Once the business gets better, you can buy more trucks, employ more staff and get a physical location for staff clock in, parking of trucks, and other administrative activities.
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