Are launderette businesses profitable?
Yes, a well-run launderette or dry cleaning business can be very profitable. Your success will depend on factors like location, equipment condition, customer service and competitive pricing.
How much does it cost to buy a launderette?
The cost varies significantly based on location, size and equipment condition. Smaller self-service launderettes might start from tens of thousands of pounds, while larger full-service operations or dry cleaners can cost significantly more.
Do I need experience to run a laundry business?
While previous experience is helpful, it's by no means essential. Many successful launderette owners learn through hands-on experience, with training available for equipment operation and suppliers often providing ongoing support.
What are the main running costs?
Key ongoing costs include utilities like water, gas and electricity, equipment maintenance, insurance, business rates, cleaning supplies, and staff wages for full-service operations. Water and energy costs are typically the largest operational expenses.