How to Open a Green Laundromat

More people are searching for environmentally friendly alternatives to established businesses as natural resources like gasoline and water become more expensive. A green laundromat, using water-efficient appliances and eco-friendly detergent, can be a great source of income to a businessperson who's dedicated to respecting the planet. However, opening a green laundromat is a complex procedure that requires research, capital and business savvy. Read the following steps to learn how to open a green laundromat.

Steps

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    Educate yourself about green businesses. Find out about alternative power sources and how they can benefit your company and research what types of energy-efficient appliances can be used for industrial purposes.
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    Examine the competition in your area as well as the potential customer base. A green laundromat can cater to households as well as businesses, so be sure to investigate the possibilities in both areas as well as the interest in laundry pick up and delivery.
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    Research possible grants, subsidies and tax breaks for energy-efficient businesses. This can save you a significant amount on your startup costs depending on where you're opening a green laundromat.
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    Construct a business plan that accurately reflects your total investment and projected returns. Remember to include the costs of your location, construction to make it eco-friendly, energy-efficient appliances, taxes, utilities, accounting and marketing.
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    Raise the necessary capital to open a green laundromat. You'll probably have to present your business plan to a bank or private investor in order to get a loan.
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    Find a location. Make sure it offers the possibility of installing solar panels to generate power efficiently and that it's in a high-traffic area that can provide sufficient business.
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    Design your green laundromat. Make sure to use environmentally friendly materials, such as lead-free paint, and keep the space light and roomy to attract customers.
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    Buy high-efficiency washers and dryers as well as compact boilers and high-efficiency fluorescent lighting. Have them professionally installed.
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    Interview and hire employees. Make sure to hire efficient, trustworthy and polite people.
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    Stock up on toxin-free detergents to sell to customers.
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    Advertise your green laundromat. Remember to emphasize its cost-efficiency as well as the benefits for the environment.
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    Open your green laundromat.

Tips

  • Look into tax credits for eco-friendly businesses, as they can save you tens of thousands of dollars.
  • Tie the opening of your green laundromat in with an environmentally conscious day, like Earth Day. Be sure to invite the press to generate the maximum amount of interest for your green laundromat.

Warnings

  • Never sign any lease for a location until you have safely secured all your capital.

Things You'll Need

  • Business plan
  • Capital
  • Location
  • Solar panels
  • Energy efficient washers and dryers
  • Compact boilers
  • High-efficiency fluorescent lighting
  • Toxin free detergents


Article Info

Categories: Buying & Forming a Business | Laundry