When considering opening a laundromat, the question of budget comes up immediately. Some expect to start with a modest investment; others assume it requires a very large sum. The answer depends mainly on the size of the premises, the number of machines and the condition of the building.
The budget has several parts: equipment, which represents the largest share of the investment; building works, often underestimated, covering electricity, plumbing, drainage and fitting out; and the costs of launching the business. A solid personal contribution helps reassure a bank and build a coherent financing plan.
A common mistake is cutting costs in the wrong places: unreliable machines, rushed works or unsuitable premises. A viable laundromat starts with a suitable location, dependable equipment and sound technical infrastructure. The true cost is not just the price of the machines: poor decisions can prove far more expensive.