How do laundromat owners make enough money to afford the cost of owning the space and machines?
401767
It must b/c there sure are alot of them! I know they make extra money with the vending machines, etc. but doens't seem like enough does it? If you only made 10.00 a day it would only equal 300.00 a month, which wouldn't pay most rent, etc.
1066744
Hi,\nreally, it depends on your location, your cost of rent, equipment, etc. Basically, you'll need to shuffle your numbers around quite a bit. Create a spreadsheet, make a list of all the things you'll need to pay for on a monthly basis (rent, salaries, equipment, electricity, supplies, food, etc), which gives you all your cost, which you will need to earn every month just to break even. \nNow, decide on how much you want to charge for your services. You'll have to guess at how many people will want to attend your shop. Give yourself a high, medium and low option for this. Decide how long you will want to stay open (24hrs? 9-5? afternoon only?, etc). This should now give you the number of computers you will need for you to break even, should they be occupied at all times. It's a lot of numbers chrunching, but trust me, if you do the research beforehand, you'll have a much easier time later. \n\nIn regards to fundamentals, look around the area you want to open the shop. Look at your clientele. See how old they are, if they look like they all have laptops already, their income, etc. Student areas are best for internet cafe shops. Students have lots of time on their hands, but not a lot of money. Socializing is important - so make it comfy. Check out some coffee shops for cozyness - they tend to do a really good job. If you are in a student area, ask around to see what they would need when logging on - different areas and schools have different needs. \n\nBasically, get to know your customers. That should give you some great insight on what you need to build for them.
337151
You need to determine what type of market will your cleaning services tap - do you want to clean private homes, or do you want to service businesses and clean offices? A maid service will be limited to cleaning and maintaining households, while a janitorial business can service hospitals, retail stores, manufacturing facilities, offices, or even parking lots. Opportunities for growth abound in this business, as many commercial cleaning companies as they grow their business offer additional services such as drapery, carpet and window cleaning, lighting, green plants maintenance, heating/ventilation/air conditioning, security, landscaping, parking lot striping, pest control services, etc.\n\nMy advice is for you to read more of the business, so you can determine what you think you want and can given your present resources. The book "101 Best Businesses to Start" estimates that first year potential earnings for this business can be $40,000, while startup expenses can be $5,000 or even lower. Industry experts, however, recommend raising $50,000 for a startup capital in order to be able to invest in heavy duty cleaning equipment and have more resources to spend in marketing the business.\n\nYou may want to read the article "Starting a Janitorial or Cleaning Service Business at PowerHomeBiz.com at http://www.powerhomebiz.com/vol95/janitorial.htm . \n\nFrom the article, here are some tips:\n\n1. The first step to marketing your business is deciding who your potential customers are and determining the types of services you could offer. \n\n2. Create little flyers about your business, and distribute it in areas where there are homeowners or parents. Some ideas include daycares, doctor offices.\n\n3. Create alliances with people who are in a position to refer your services -- examples include real estate agents (they can pitch your services to new homeowners in the area), daycare centers, etc.\n\n4. Networking is the most effective strategy to get ahead in the cleaning business. \n\n5. Word of mouth is another effective form of advertising a janitorial service. It can be generated through favorable feedback from your existing clients that will hopefully filter to other home owners in your area.\n\n6. If you decide to embark on advertising, you can try placing an ad in newspapers or trade journals in your area. \n\n7. You can also try direct mailing to potential customers, sending them information and brochures about your business.\n\nFor more in-depth information about the business, we have compiled a list of books on the topic and you can either purchase the book or borrow them from your library. The list of recommended books on starting a home cleaning business can be found at http://www.powerhomebiz.com/bookstore/homecleaning.htm\n\n- How to Start a Home-Based Housecleaning Business (Author: Melinda Morse)\n- Start and Run a Home Cleaning Business (Author: Susan Bewsey)\n- Commercial and Residential Cleaning Services: A Resource Guide to Developing and Maintaining Your Own Janitorial or Home Cleaning Business (Author: Walter Fenix)\n- Start Your Own Cleaning Service (Entrepreneur Magazine's Start Ups) (Author: Jacquelyn Lynn )\n- Start and Run a Profitable Home Cleaning Business \nAAuthor: Susan Bewsey
777759
On a sliding scale at an avergage about $240 per hour, count on laying down some serious cash. Office rents are supremely expensive, particularly in LA County.
24812
Desperate times call for desperate measures.  There is no easy way to find a job that pays this much, so one possibility is to sell or auction as much stuff as you can.  You may be surprised at what you can live without and just think of all the extra space you'll have.\n\nOther than that, the only alternative is to have a wonderfully original idea that attracts visitors (preferably paying) like moths to a flame.  Very hard to do but not impossible - http://www.themilliondollarhomepage.com is a good example.\n\nGood luck.
704095
House cleaning. Look in the yellow pages for an idea of rates and then start your own business. It may be wise to take out insurance; this should not cost too much, and then you are ready. You make your own hours, you choose your clients-be selective, there are people that are not willing to pay the going rates, just weed them out. If your smart you can make a lot of money. Business cards of course, perhaps fliers, a professional business name, etc., I think you get the picture. Hope this helps
832232
OK, first you rent out a MEDIUM or SMALL sized space that is up for rent.\n\nAsk your local church if you can do a clothing drive, and tell them your cause.\n\nAsk your friends for their kids old clothes\n\nTake your old clothes and your kids\n\n\nSearch online for a company that will sell you merchandise for a good price. Then search for how to run a steady business
739764
It costs to get the space.  I am not sure how much they charge.  Some places will charge you a fee plus want a percentage of what you bring in.  A pretty scummy practice, if you ask me.\n\nBesides that, you have to get merchandise to sell.  Also you need to make sure you have all of the needed licenses, certificates, and inspections and so forth.  A lot of people get by without doing the sales tax, but when you get nabbed on it, it will hurt.
261822
Hello:\nIf you are sure that this would be a viable businesses in your area. I would create fliers and business cards (links below for lost cost options) and target families that have 2 working parents.  Give them a cost analysis of using your services to complete ironing for them as opposed to taking it all to the dry cleaner or hiring a housekeeper.  Also the elderly may be a target market, you could also possibly approach your local coin-op laundry's, ask them if they offer this service and if not ask them if perhaps they can include your card or flyer with their customers bill.  My local coin ops have a pay per pound service to have my laundry done for me, but the only one that will iron is the one that is attached to a dry cleaner (very expensive).\n\nYou may want to add other services as well (if you cant do them, maybe you can co-op with other people in your area) like sewing, alterations, laundry, errands etc.\n\nCheck out the other links, one is a forum of small business owners, they have a lnk on the left to ask questions and you can look through or post.  The other is Inc magazine, many many great articles on business. Click on "small business" "Start ups" or typr in your business and see if any articles come up.\n\nGood luck
752062
you are too vague for estimating, Are you going to manufacture? or buy from a wholesaler? or have someone else make it for you? How large a space do you need ? you will need office staff, warehouse staff, computer systems, software, Phone systemsforklifts, storage systems, Trucking companys need to be contacted and .....  Too many variables . You need a business plan
47049
routine....and a lot of money....
1153997
Whoa, dear one, which planet are you from?  The rent covers your portion of living there, your use of electricity for the TV, Cable and the Internet fees, computer, DVD players, CD players, the printer, Monitor, the Speakers.  The furniture upon which you sleep or sit.  How about the food you eat or the clothes you wear, or the materials you need for school?  \n\nPaychecks don't go too far these days.  Gas has gone up tremendously in the last couple of months.  Phone, gas, electricity have all gone up and in some states have doubled because of municipal, city, and local taxes have been added.\n\nUnfortunately after all that, they just might be right.  Definitely was that way for me.\n\nMy son started collecting all the old newspapers in our apartment complex.  Collecting the soda cans tossed at our football games and saving up the plastic containers at home.  It was work, sure, but he was getting almost $20 bucks a week.  Darn sharp I say.\n\nHope this gives you a bigger picture on what may be happening with you.  Good Luck with how you chose to deal with your situation.
538224
Open up a laundromat where you can drink beer too.\n\nBest laundromat in town!!!
689062
I began by building my credit. After receiving many offers to transfer balances on my credit cards or borrow cash at   a 0% loan, I opened a bank account for business only and cashed a 0% check for 7,000. I had a friend who did the same thing , and together we purchased our first house ( a fixer-upper for 8500.00) With the difference left over we fixed it ( and borrowed more 0% money to fix it ) and started renting it 3 months later. 4 months later we finished the downstairs apartment and we get 1100.00 a month for the entire unit. After water , taxes , payback on loans etc. we net around 400.00 a month. We put that money back into property improvement , or paying back our loan sooner.
52527
Very Expensice Rent, Make sure your profit margin is VERY high, and you already have a lot of money, and people NEED and Want the product you are selling, AND that there is not too much competition for your product, AND the location is in a Very high trafic area of the mall, AND the mall is not run by SIMON.
1158671
You can look here, this place is for sale and you can rent the rooms out if you want.  http://photo.yahoo.com/moneymaking_4u
222320
ask the property manager of the commercial place.  they will usually accomodate you, and are eager to do it since some of the people will be spending money.