Suds & Co Laundrette
Suds & Co runs 22 card-only machines on a long lease with capped rent reviews, and has added wash-and-fold accounts for steady volume. It has stayed profitable through years of rising utility costs.
Laundrettes need a trade effluent consent from your water company before waste water goes into the sewer, and often planning permission if the shop was something else before. Check both with your council and water company before you sign a lease.
This is a property business with machines inside. Know the numbers before you look at shops.
Busy streets with lots of renters and few washing machines at home. The lease matters as much as the location.
Water, gas and electrics. Each needs sign-off before you open the door.
Machines, payments and a shop people are happy to wait in.
Keep the machines working and add service income.
No steps match.
Suds & Co runs 22 card-only machines on a long lease with capped rent reviews, and has added wash-and-fold accounts for steady volume. It has stayed profitable through years of rising utility costs.
“Card-only machines cut my cash handling to zero.”
Fresh Fold had happy customers and lost money on almost every order. Each $32 order cost $12 in courier fees, each new customer cost about $50 in ads, and the average customer ordered 2.1 times before stopping. Growth made the losses bigger, and growth was the plan.
Often, if the shop was not a laundrette before. Laundrettes usually fall outside the ordinary shop use classes, so ask your council planning team before you sign a lease.
There is no laundrette licence as such, but you need a trade effluent consent from your water company, Gas Safe sign-off for gas dryers, an electrical certificate and public liability insurance.
Usually four to eight months. Finding the site and agreeing the lease take the longest, then permits and machine delivery.