Prepared for Soapstone Laundry Co.
Commissioned by Marguerite Dunn, owner. Research and report by Halima Yusuf.
1
Soapstone runs five self-service laundromats. In December you asked us one thing. If you bought a van and offered wash-and-fold with pickup and delivery, would enough households within three miles of a store pay for it, and at what price?
By your own costing, the van, two part-time drivers and an extra folding shift break even at about 420 regular customers.
2
3
From 34% to 8%. At $2.25, 14 of 253 people said they would definitely use pickup at least once a month, and 39 said probably. People overstate what they will buy, so we counted three in four of the first group and one in four of the second. That leaves about 20 people, or 8%.
The dollars. People open to the idea expect to send about 18 pounds twice a month. At $2.25 a pound that is $40.50 an order and $972 a year.
4
Four kinds of household make up the 63,200 that are open to the idea.
38%
24,000 households
About 22 pounds, every week or two. They want nothing lost, and they stay interested at $2.75.
29%
18,300 households
About 19 pounds, every two weeks. They already carry laundry to a laundromat, often yours. Interest falls fast above $2.25.
19%
12,000 households
About 11 pounds, once a month. The least certain group: most said “probably”, few said “definitely”.
14%
8,900 households
About 14 pounds, every two weeks. Carrying laundry is hard for them. They want the same driver each time, and a relative often pays.
5
Finding 1
Share who would definitely or probably use pickup at least once a month, by the price per pound they saw. Dropping to $1.75 wins three points, which is inside the margin of error. Going up to $2.75 loses ten.
Base: 253 people at each price.
Finding 2
Households likely to use pickup at $2.25 a pound, by the store they live nearest. The neighborhood samples are small, so trust the order more than the exact numbers.
Base: 1,012 people, 142 to 245 in each neighborhood.
Finding 3
Each person picked the two things that matter most, so the bars add up to 200%. In the interviews, 11 of 16 people told a story about something a laundry or dry cleaner had lost.
Base: 344 people open to the idea.
Finding 4
The 91 people who already pay report a typical price of $2.60 a pound, so $2.25 is a saving for them. The 294 who use a laundromat spend about two and a half hours a week on it. For them the price buys that time back.
Base: 1,012 people.
6
People told us what they would do. We discounted it, but a survey is not a sale. Businesses were not asked at all.
Treat the first 12 weeks as the real test. 150 regular customers across the two stores by week 12 would put break-even within reach inside a year.