Tuesday, August 10, 2010

What to Look for in Potential New Sites



- Long term lease: You want to have as long of an lease option as possible. You want to make sure your investment have a good return for a long time to come. And if you decide to sell, the lease will play a significant part in the buyer's mind.
- Good parking: Must have good parking area so customers can bring their clothes in and out with ease.
- Visibility: High visibility by cars or pedestrians is the best. Therefore you should choose locations that are clearly visible and where big signs can be put up.
- Must have 6" sewer line, 2" water line. Gas meters nearby, Six hundred amps of 3 phase power.
- Make sure the new location meets the criteria for population density, demographics, and competition.

Sources: Laundromat123.com

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