How Much of My Time is Required?

One of the primary reasons that laundromat owners initially invest in a coin laundry is that many of them can be quite successful operating their business on a part-time basis. As a matter of fact, many first time owners and operators have other full-time careers. But the time commitment that is required is traditionally left to the laundromat owner.

Part-time Job, Fair Results

Like anything we do, the more time you put into it, the more successful you will be. On average the minimum amount of hours a laundromat owner will put into his or her store is around 14 hours a week. Most of that time is spent collecting coins, running to the bank, paying bills, managing a full-time attendant, scheduling repairs and handling the advertising.

To make monitoring a laundromat easier, Speed Queen has developed a computer-based system called NetMaster™. By networking the equipment to a central server, laundromat owners can remotely monitor what is going on in their business from their PC at home or at work.

The system allows laundromat owners to monitor cycle turns, control variable vend pricing and can even notify them if a piece of equipment breaks down. NetMaster also generates data that can be used to develop promotions such as Senior Citizen’s Day, loyalty programs for high use customers or a free wash cycle. It can also detail which equipment is being used more frequently so a rotation plan can be set-up.

Full-time Career Opportunity

To get their laundromat operating smoothly, some laundromat owners choose to
make it their full-time career. By doing so, they save on labor costs by not needing a full-time attendant, as well as saving on repair and maintenance costs by learning how to do it themselves.

Other full-time laundromat owners look for ways to build their income. One way
to build revenue is by adding multiple locations. Many have successfully made a career out of owning and operating multiple locations.

If you are looking for a part-time investment or a change in careers, owning a laundromat is a great opportunity to build the life you want with the flexibility
to live it.