KNR Laundromat | Application Preview
KNR Laundromat is seeking government grants to enhance its business operations, focusing on both self-service and full-service laundry solutions. The funding will be allocated primarily toward purchasing upgraded washers and dryers, with costs ranging from approximately $4,900 for small washers to $10,800 for XL washers. The proposed services include:
1. **Self-Service Laundry**: Upgraded machines available for customer use until closing at 2 a.m.
2. **Wash and Fold Service**: Offered during staffed hours from 8 a.m. to 6 p.m.
3. **Pick-up and Delivery Service**: Convenient laundry pickups and deliveries within a 10-mile radius.
4. **Additional Amenities**: Free Wi-Fi, vending machines, comfortable seating, and high-definition TV for a pleasant customer experience.
KNR Laundromat aims to establish itself as the most reliable laundromat in a high-traffic residential and business area, catering to a diverse clientele, including military personnel, veterans, students, and local businesses. With eco-friendly, high-efficiency machines and a welcoming atmosphere, the business anticipates reaching profitability within the first 18 months.
The application mentions competition, highlighting that other laundromats either close early or lack the desired customer service and cleanliness. KNR Laundromat plans to set itself apart by offering modern machines, exceptional customer service, cleanliness, and the convenience of extended hours. The goal is to foster a sense of community and demonstrate that anyone can own a successful business, making this investment an appealing opportunity.
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General Information
Business Registration Number: 00000000
Location: Columbus, GA, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
Small washers are around $4,900 each Medium sizes washers are around $6,400 each Large sized washer is around $8,200 each XL sized washers are around 10,800 each Small double stack dryers are around $7,950 each Medium sized double stack dryers are around $9,500 each Mega Dryers are $4,900 each
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Business Plan
Self-Service Laundry: Customers will have access to upgraded washers and dryers, available until our 2 a.m. closing time. Wash and Fold Service: Staffed hours from 8 a.m. to 6 p.m. for customers who prefer drop-off laundry service. Pick up and Delivery Service: Customers can schedule laundry pickups and deliveries within a 10-mile radius, offering convenience for busy professionals. Additional Amenities: Free Wi-Fi, Vending Machines with laundry supplies, as well as another for snacks, comfortable seating with High-Definition TV. KNR Laundromat aims to become the most reliable and convenient laundromat in the local community. Centrally located in a high traffic quant residential and business area, KNR Laundromat will serve a diverse customer base, from local active-duty military servicemen and women, veterans, students, and local businesses. With ecofriendly, high- efficiency machines, extended operating hours, and a comfortable clean environment, we expect to contribute a significant share of the market. Based on our research, we anticipate reaching profitability withing the first 18 months.We are a small Veteran, family run business whose biggest goal is obtaining community, togetherness and being a beacon of hope and light that anyone no matter your background can own a business. Also the ROI as well as many factors will prove a great investment in our cause.
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Self Identified Competition
WSHFLD Laundromat a couple miles up the road closes at 7pm, most working-class American do not get from work until that time, with that closing time you eliminate at least 65% of your market. Eco-Clean Coin Laundry closes at 10pm which is a couple hours later but lack the customer service, cleanliness and personable atmosphere the consumers need. KNR Laundromat will differentiate itself by offering newer high efficiency machines, superior customer service along with attentiveness to the consumer’s needs. As well as a clean and inviting atmosphere with extended hours through the weekend. While also providing pick up/delivery services.
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Contact Applicant
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