1. KEY CONTROL
If you buy an existing Laundromat, be sure and change out all the coin boxes and door locks. The service keys are not normally required to be changed. When you buy new coin boxes, do not key all the coin boxes alike. The loss of one key gives access to all of your machines. Key them alike in groups of ten or twenty or buy coin boxes for each type of washer. Example: all your dryers are on one key, top load washers on another, 30-LB washers on another, 40-LB washers on another and so forth.
2. SOME WANT IT FOR NOTHING
Be aware of those who would like to take your money or your services for free. There are some washers and
Collections should be done on busy days when your Laundromat is full and there are a lot of witnesses. The second best time to collect is in the early morning before your store opens. Most thieves are sleeping at 6:00 A.M.
3. DO BASIC REPAIRS YOURSELF
You have to learn to do some basic maintenance and repairs yourself. Let's start with a few simple ones that you can do without too much skill or risk of damage to your machines.
Water Valve Filters
Coin Slides & Coin Boxes
Dirt and grime can build up inside your coin slides. Take out a few and wipe them clean. Spray a little dry silicone to smooth the slide movement. Never use any type of oil or spray as oils will attract dirt and dust. You can also clean your coin boxes with the above technique.
Soap residue can clog the operation of your soap machine. Clean all the columns that come in contact with the soap boxes with a hot damp cloth and allow them to dry. In particular, clean the slide the allows the soap boxes to slide to the customer. Clean this surface and coat with dry silicone spray or wax to allow the boxes travel smoothly.
Tank less Water Heater Coils (advanced)
1. In a large plastic tub, mix deliming solution with water according to the manufacturer’s
Here are three things you can do to control your costs. First, make sure you control your keys. Second, make sure you know various ways you can be cheated. Third, make sure you learn some basic repairs so you can save money on service calls.
When you purchase a Laundromat you need to remember that a dollar lost is not a dollar you get to spend. Some owners have to learn the hard way and lose some money before plugging money leaks.
HOW TO CONTROL YOUR COSTS & LOSSES
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