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With great return on investment and simple management, the laundromat business has continued to attract new investors. “Laundromat Insights” strips away the myths and misconceptions and gives you the real story about what it takes to open and run a successful laundromat business. Leveraging industry experts and laundry owners, “Laundromat Insights” will offer valuable insights for those considering opening a laundry and tips to current owners looking to maximize their own return on investment. Along the way, we’ll chat with a few of the leaders who make this industry great and hear their stories.
Episodes
Friday Sep 20, 2024
EPISODE 34, A Truly Unique Laundromat Story, Part 2
Friday Sep 20, 2024
Friday Sep 20, 2024
In part two of this series, we learn how Tim’s approach to the business started with the end in mind and a goal of supporting a good cause.
Tuesday Aug 27, 2024
EPISODE 33, A Truly Unique Laundromat Story, Part 1
Tuesday Aug 27, 2024
Tuesday Aug 27, 2024
Newcomer to the industry, Tim Richardson, joins us to talk about his laundromat business, set to open this fall. In part one, we hear about his background, including time as a Los Angeles County Sherriff’s Deputy.
Thursday May 02, 2024
EPISODE 32, Think Small
Thursday May 02, 2024
Thursday May 02, 2024
While many new investors want the large square footage locations out of the gate, small footprint stores can be highly profitable. Yumi Ryoo, senior account executive with Alliance Laundry Systems Distribution West Region, joins us to talk zombie mats and small store potential in the Los Angeles market.
Friday Feb 09, 2024
EPISODE 31, A Retool Story
Friday Feb 09, 2024
Friday Feb 09, 2024
In this episode we hear from Nick Luzecky, who swapped out his barely broken-in Quantum Gold machines for Quantum Touch to see if it would deliver ROI. Hear what he has to say about this touchscreen upgrade and the impact on premium cycle selection.
Monday Sep 25, 2023
EPISODE 30, A Look at Washer-extractor Options
Monday Sep 25, 2023
Monday Sep 25, 2023
Softmount washer-extractors deliver exceptional G-Force to remove more water from loads than most hardmount units. Does that make them the go-to answer for all laundromats? Mike Hand, Alliance’s vice president of North America Commercial Sales, joins us to walk through the considerations.
Friday Aug 25, 2023
EPISODE 29, Time Management
Friday Aug 25, 2023
Friday Aug 25, 2023
Whether your laundromat is your primary business or a secondary income source, devoting enough time to management can be challenging. Ann Korhnak is back to share time management strategies to help maximize this finite resource.
Friday May 26, 2023
EPISODE 28, Acquisition Financing.
Friday May 26, 2023
Friday May 26, 2023
With increased competition for locations, often growing your laundromat business through acquiring an existing store can be a solid option. Tina Gough, senior finance sales specialist, joins us to chat about factors to consider in purchasing laundromat and how acquisition financing streamlines the process.
Friday Apr 21, 2023
EPISODE 27, The Company you Keep
Friday Apr 21, 2023
Friday Apr 21, 2023
Alliance Laundry Systems, parent company of Speed Queen, has been quite active in the last several years acquiring distributors, as well as reorganizing sales. In this episode, we chat with Craig Dakauskas, Senior Vice President of Americas Commercial, to learn more about Alliance’s recent activities and how they benefit customers.
Wednesday Mar 15, 2023
EPISODE 26, Crafting a Business Strategy Part 2
Wednesday Mar 15, 2023
Wednesday Mar 15, 2023
Ann Korhnak, general manager of spare parts at Alliance Laundry Systems, is back for part two of this important topic. We pick up the discussion where we left off last time – stressing the significance of the research phase.
Friday Feb 24, 2023
EPISODE 25, Crafting a Business Strategy Part 1.
Friday Feb 24, 2023
Friday Feb 24, 2023
Every business, no matter the industry, needs a business strategy. Without this roadmap, owners are just operating day to day. In part one of this two-part episode, Ann Korhnak, general manager of spare parts at Alliance Laundry Systems, joins us again to share her experience in crafting this important strategy document.