Every retail business must have a location from which to do Business. Of course we would all like to have the perfect location. In order to ensure that you choose a viable location for your coin laundry business several things should be considered, and many avenues of information to be used. One of the most valuable assets you will find in order to assist you in this endeavor, is choosing and working with the right Distributor.

Objectives
When beginning you search for a location, consider the type of store that you desire

1. Should the coin laundry store be in a rural area, a suburb, or urban area
2. Would you prefer a free standing building, a strip mall
3. How much parking you would like to have
4. The size of the coin laundry store
5. Will the store be attended or unattended
6. Will you offer other services as additional sources of income
7. Will the site have adequate utilities available

Demographics
Demographics studies are a critical part of the research involved in selecting a site for your coin laundry store. This is used in order to determine the potential customers available to you within the market area for your store. The Distributor will be able to assist by evaluating the demographics in the area, as well as many other items in order to assist you. A few of the items that an in depth demographic study will determine are:

1. What is the total population of all people living in the market area?
2. What percentages are renters, condo owners, homeowners, etc?
3. What is the median income?
4. What percentages are single, or single parent families, etc?

These are only a few of the valuable pieces of information that a demographic study will show you.

Competition
Make yourself aware of the competition that is in your intended market area, and what services that they provide, as well as the type of store, the condition of the store, and the product mix. Is it a coin store, or card store? Is it well lit? Is it well kept or run down? Do they have adequate parking?

Visibility
As with any retail business, the store should be as visible as possible in order to attract as many customers as possible. Some things to consider:

1. Can the store be easily seen from the road
2. How much of the store front are windows
3. What kind of signage may be used
4. How much frontage will the store have

Parking
Make sure that the store will have an adequate supply of parking in order to satisfy your drive in customers.

Adjacent businesses
Are the businesses surrounding the store conducive to the success of your store?
Are they run down?
Do they appear successful?

** Information includes materials obtained from the Coin Laundry Association and other sources.