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.
Coming off a year of historic low interest rates, 2022 could be more challenging with inflation and possible rate hikes. Jeff Harvey, manager of U.S. underwriting for Alliance Laundry Systems sorts it all out for us.