MoneySmall business
Start-up fund for Walter: reopening a laundry service after a break-in
Walter has run a laundry service for fifteen years; a break-in destroyed the equipment, and $1,600 will put it back on its feet.
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For fifteen years I have run a laundry service in Cleveland. In August, a break-in took two washing machines and a dryer. I have no insurance, and the bank won't lend to me.
Before that, my customers came every Tuesday, and I employed 2 people from the neighborhood. I have been out of business for 8 weeks.
This business pays my children's school fees and rent. I have already started working from home in small ways, but I can't meet orders without proper equipment.
Every contribution brings me closer to reopening, and I promise to post photos as I buy each item.
I'll buy equipment from local suppliers and post photos and receipts as I go.
Where the $1,600 goes:
• Working capital for the first month: $540
• Initial stock: detergent and packaging: $740
• Shop repairs and licensing: $320
Ask me anything below before you decide. I'd rather you were sure.
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Sending good thoughts. Shared this with my family. Greetings from Málaga.
Stay strong, Walter. Small businesses are the heart of Cleveland. Hope you're open again soon. I'll check back for the next update.
Take care, Walter. Hope you make a strong comeback. I went through something like this 4 years ago and strangers helped me out.