141. 14 Laundromats in 3 Years & a Twitter Anon

Welcome to another episode of the Laundromat Resource Podcast, where we provide valuable tips and strategies for laundromat owners and operators. In this episode, host Jordan Berry shares insights from a talk he recently gave in Spokane, Washington, focusing on two crucial aspects of laundromat management: increasing your laundromat's value and scaling your business portfolio.

Jordan delves into the importance of preparing your laundromat for a successful sale way before you even consider putting it on the market. He emphasizes the need for strategic planning and proactive measures to optimize your laundromat's value, covering topics such as maximizing net income, understanding the significance of financing, leveraging technology, and building a strong team.

Jordan explores the concept of scaling your laundromat business and shares his thoughts on the different roles and skill sets needed to effectively scale from owning a few laundromats to managing a larger portfolio. He stresses the importance of forward-thinking and strategic planning, urging listeners to plant the seeds for long-term success and value optimization.

If you're looking to make more money with your laundromat or aspiring to scale your business portfolio, this episode is a goldmine of actionable strategies and insights. So get ready to take some notes and join us as we dive into the world of maximizing laundromat success.

In this episode, Jordan discusses: 

00:00 Plan for selling laundromat, increase net income.
04:56 Understanding laundry costs leads to strategic pricing.
07:17 Opinions on posting updates about price changes.
11:47 Maximize laundromat value by optimizing income, cutting expenses.
14:56 Maintain clean books for financing laundromats.
18:27 Embrace technology, online presence, clear business plan.
21:34 CEO hires regional managers, scales business operations.
24:58 Owning multiple laundromats requires CEO-type skills.
26:05 Plan now for maximum laundromat value.

Show Notes-
https://laundromatresource.com/show148

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Welcome back to the Laundromat Resource Podcast with your host, Jordan Berry. Today, in Episode 147, we're thrilled to have Chuck Castaneda, a retired sheriff turned laundromat entrepreneur who will be laying out the blueprint for running a successful laundromat business. Chuck's story takes us from the discipline of law enforcement to the dynamic world of laundry services, where he champions the importance of maintenance, customer relationships, and community ties.

We'll uncover the essentials of laundromat management, from tackling operational challenges to strategic marketing techniques like "Free Dry Wednesday." Chuck doesn't shy away from sharing his hard-learned lessons on purchasing a business and the value of expert advice.

Moreover, he offers his "secret sauce" for longevity in the business and invites listeners to network, emphasizing the collective growth of the laundromat community.

Whether you're an industry veteran or just curious about the inner workings of this unique niche, this episode promises valuable insights and real-world advice. Gear up for a dose of inspiration and practical tips—let's jump into Episode 147!

In this episode, Jordan and Chuck discuss:

00:00 Connect with Chuck, join laundromat resource community.
09:11 Worked hard, saved, and chose new home.
11:41 Automate price changes to save man-hours. Investment caution.
16:30 Conflict of interest in real estate transactions.
24:44 Installed venting, corrected manifold issue on roof.
30:06 Needed to commit to goal for credit.
34:30 Flyer distribution, window painting, holiday giveaways, popular.
39:53 Working in jails is consistent, manageable schedule.
47:09 Monitor maintenance to retain customer satisfaction.
48:56 Providing great customer service and community connection.
58:00 Improving business, seeking partnerships, and expanding opportunities.
59:35 Podcast offers networking and practical, sage advice.
01:06:48 Maintain infrastructure, upgrade for optimal functionality.
01:13:54 Form vision, start on right track, grow.
01:18:51 Plan to improve commercial location aesthetics and marketing.
01:21:11 Retired, planning partnership, hesitant about risking alone.

Show Notes-
https://laundromatresource.com/show147

Resources

Chuck's Email: stadiumcoinlaundry@gmail.com
Chuck's Website

Show Sponsors

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Welcome back to the Laundromat Resource podcast, I'm your host Jordan Berry, and you're tuning into episode 146! Today, we dive into the world of laundromat entrepreneurship with two very special guests—Ryan Foster, the passionate owner of Friendly City Laundry based just south of Tampa, Florida, and Carly Crockett of Lemon Squeezy Laundry, who brings a wealth of knowledge from starting her business right in her garage. 

They'll be sharing their unique journeys, filled with ups and downs, as they've navigated the challenges of the laundry business. Ryan, balancing his role as a firefighter and paramedic, will recount how he strategically upgraded and added security to his first laundromat leading to appreciable neighborhood approval, while Carly will give insights into testing the viability of her pick-up and delivery service and the subsequent transition to working with Ryan in a proper laundromat space.

Stick around to hear the tips they've got for future laundromat operators about due diligence and the significance of location selection, as well as their take on scaling businesses, tackling intense Florida lockdowns, and even the lighter moments, like struggling with sliding glass doors. It's set to be an episode full of compelling stories and valuable takeaways as we uncover the success secrets behind running a thriving laundromat business! Let's get started.

In this episode, Jordan, Ryan and Carly discuss: 

00:00 Changed career to fireman, started vending business.
07:41 Took over second garage, set up laundry.
13:18 Verifying network vouched for his financial claims.
18:14 Dad passed away, multiple shopping centers in Tampa.
25:50 Overcoming challenges to acquire and improve business.
28:21 Delayed sale, unexpected timing, unforeseen global impact.
36:29 Slow start, then picked up with COVID recovery.
39:50 Build momentum, satisfy clients, grow through recommendations.
48:34 Building was a complete dump, not profitable.
53:09 Successful partnership between us, a Tampa-based business.
55:00 Carly and I have mutual trust.
01:02:47 Customers impatient, struggle with new sliding door.
01:09:32 Letter of agreement, amendments, 90-day trial.
01:10:02 Focusing on self serve, business startup struggles.
01:17:08 Customers self-serve, no issues with full cycle.
01:24:27 Grateful for support, hyper-focused on business.
01:27:24 Starting a business takes time, effort, and skills.
01:33:19 Emphasize thorough research, learning, and immersion.
01:37:53 "Awesome advice, unique success stories. Story continues."

Show Notes-
https://laundromatresource.com/show146

Show Sponsors

AtmosphereTV- 50+ channels of positive, fun TV programming, allowing you to cut your cable bill and create a great atmosphere in your laundromat! Get the registration fee waived by using this link!
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Welcome to episode 145 of the Laundromat Resource podcast! Together, we’ll tackle everything from leveraging organic marketing techniques to the cutting-edge tactics of geofencing with online ads. Learn how to gauge the success of your marketing initiatives and understand why customer lifetime value is at the heart of your business growth.

We'll emphasize actionable advice on improving your business operations and discuss the importance of maintaining a professional edge to ensure longevity and success.

So stay engaged, visit laundromatresource.com/forums to share your thoughts, and let’s dive into another exciting episode dedicated to helping you get the most out of your laundromat investment. Let’s jump right in!

In this video, Jordan discusses:

00:00 Live event discussing laundromat investments, new website.
04:46 Tips for improving laundromat and industry reputation.
08:51 Efficiency and convenience enhance customer value.
10:52 Afraid to charge more, invest in business.
16:45 Free ways to increase online visibility, offline.
19:14 Allocate $100 monthly for online ads experiment.
23:13 Be aware of competitors stealing your customers.
26:42 Invested in laundromat, emphasized its good service.
29:45 Businesses can measure customer lifetime value easily.
31:30 Shift towards customer-based KPIs for growth.

Show Notes
https://laundromatresource.com/show145


Show Sponsors

AtmosphereTV- 50+ channels of positive, fun TV programming, allowing you to cut your cable bill and create a great atmosphere in your laundromat! Get the registration fee waived by using this link!
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Hey, hey, Laundromat Resource listeners! It's Jordan here with another must-listen episode. Grab a seat and join me as I chat with the clever cats behind Presso, Nishant and Thibault. These guys have cooked up something that's got the laundry biz buzzing—imagine pocketing major profits while transforming the chore of laundry into a walk in the park.

Today, we're getting the scoop on how their tech is flipping the industry on its head, creating juicy margins and bringing in some serious dough with a futuristic garment care gadget that’s about the size of a snack machine but much, much cooler.

Don't forget to mark your calendars for that live Q&A on February 20th. It's your chance to grill Nishant and Thibault on all things Presso.

So, let's get the ball rolling and dive into the world where innovation meets the spin cycle, right here on the Laundromat Resource Podcast.

In this episode, Jordan, Nishant, and Thibault discuss:

00:00 Excited about discovery, eager to collaborate forward.
06:53 First-time experience with Chinese vendors and laundry.
14:49 Prototyping cleaning tech in gym gains traction.
16:35 Iterative prototyping, consumer feedback lead to success.
25:32 Developed tech in China, got surprise film job.
28:40 Become one-stop shop, gain more royalty.
32:55 Pandemic shutdowns led to dry cleaner demand.
38:12 Excited about technological innovation and Preso machine.
47:12 Excited early adopter for revenue-generating opportunities.
53:13 Adding value through customer belief, speed, and convenience.
55:23 Laundromat owners should consider revenue per square foot.
01:01:39 Outsourcing led to lower profit margins, but now 50%.
01:09:37 Gratitude for hard work and product sharing.
01:11:02 Episode on garment care, join discussion forums.

Show Notes
https://laundromatresource.com/show144

Resources

https://getpresso.com/

Show Sponsors

AtmosphereTV- 50+ channels of positive, fun TV programming, allowing you to cut your cable bill and create a great atmosphere in your laundromat! Get the registration fee waived by using this link!
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Welcome to the Laundromat Resource podcast, where we delve into the world of laundromat businesses and share insights from industry experts. In this episode, our host Jordan Berry is joined by Bryan Rowley, a seasoned entrepreneur who shares his journey from vending and ATM businesses to the successful acquisition and transformation of laundromats. Bryan's experience navigating challenges, from financing to rebranding, provides valuable lessons for anyone considering entering or expanding within the laundromat industry. Join us as we explore Bryan's strategies for creating welcoming and profitable laundromats, his transition to new locations, and the impact of renovations and customer satisfaction on business operations. This episode is packed with valuable advice and real-world experiences that will inspire and inform both aspiring and established laundromat owners.

In this episode, Jordan and Bryan discuss:

00:00 Laundromat Resource Podcast episode 143 with Brian Rowley
09:03 Borrowed money from grandma to start business.
13:19 Being prepared is key in borrowing money.
15:53 Success with sellers, profitable 5-year collaboration.
22:32 Importance of same equipment brand and model.
28:23 Facebook tag led to purchase of properties.
33:46 Smooth transition meeting Tim, renovating and decorating.
40:08 Emphasize outside changes for business success.
46:14 Real estate offers more control and flexibility.
51:06 Competitive pricing, variety, and success in business.
55:43 Emphasize personal connections and traditional methods.
59:09 Daniel Logan on standing in the gap.
01:04:04 Keep clean facility, offer pickup/delivery, sports involvement.
01:12:38 Emphasize networking and connecting for success.
01:13:46 Appreciate the podcast, changing the laundromat landscape.

Show Notes-
https://laundromatresource.com/show143

Resources

Email: Glcwash@gmail.com


Show Sponsors

AtmosphereTV- 50+ channels of positive, fun TV programming, allowing you to cut your cable bill and create a great atmosphere in your laundromat! Get the registration fee waived by using this link!
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In this episode of Laundromat Resource, host Jordan Berry interviews Charles Measley, a seasoned entrepreneur in the laundromat industry. From his humble beginnings of running a rundown laundromat to overcoming the challenges of expanding and relocating his business, Charles shares his remarkable journey and valuable insights. You'll discover the pivotal role of marketing, the intricate details of commercial leasing, and the essential value of problem-solving and personal growth in the laundry business. Join us as we delve into the world of laundromat management with an expert who knows the ins and outs of the industry.

In this episode, Jordan and Charles discuss:

00:00 Utilize calculator for pricing and profit analysis.
05:53 Old machines, low revenue, switched to laundromat.
15:11 Laundromat marketing strategy and brand building efforts.
21:16 Embrace challenges and find opportunities in them.
24:46 Growing capacity to handle problems is essential.
29:41 Adding pickup and delivery is a different business.
33:19 Consider customer perspective for parking, washers, tables.
41:01 Laundromat pricing based on familiarity and simplicity.
44:42 Maximizing efficiency through concentrated customer territories.
52:12 Consider market differences, negotiate rent increase, maintain flexibility.
56:43 Landlord's lack of savvy leads to issues.
01:01:24 Expanding store for wash and fold business.
01:10:14 Challenging process, promotion, construction updates, successful transition.
01:16:11 Planned expansion and improvements for laundry business.
01:19:03 Expensive laundromat project causes strategic reconsideration.
01:27:50 Took over website, improved with help.
01:33:17 Offering comprehensive content creation and marketing services.
01:39:31 Get started, take action, learn by doing.
01:44:43 Inconsistent staff opening causing customer frustration.
01:47:17 Surround yourself with good, influential people.
01:51:48 Emphasize value and express gratitude to the speaker.

Show Notes-
https://laundromatresource.com/show142

Resources

https://suds-digital.com

https://fluffandfoldlaundromat.com

https://www.facebook.com/profile.php?id=100088986400278&mibextid=LQQJ4d


Show Sponsors

AtmosphereTV- 50+ channels of positive, fun TV programming, allowing you to cut your cable bill and create a great atmosphere in your laundromat! Get the registration fee waived by using this link!
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Welcome to the Laundromat Resource Podcast! In this episode, join host Jordan Berry as he sits down with industry experts Whitey and Jon Schemmel to discuss the challenges and strategies of running a successful laundromat business. From customer relations and managing rising costs to building strong supplier relationships and embracing automation, our guests share valuable insights and advice for both current and aspiring laundromat owners. Tune in for an engaging conversation packed with industry wisdom and actionable takeaways.

In this episode, Jon, Whitey, and Jordan discuss:

00:00 Networking led to buying a laundromat quickly.
06:15 Improving store experience for customers and ROI.
13:53 Equipment retooling and creative financing for growth.
19:21 Rundowns of omni mats, drainage, and plumbing.
21:40 Competition leads to customer base challenges.
29:22 Operational strategy for 24/7 store management.
34:19 Automatic synchronization of store operations for customer convenience.
38:21 Differential pricing based on business considerations explained.
45:44 Discussion on customer service policies and pricing.
53:17 Automating systems for efficiency, managing processes effectively.
59:23 Timely payments vital for vendor support, scaling success.
01:01:17 American changers have cameras to monitor collections.
01:09:34 Noticing customers leaving credit cards in machines.
01:14:24 Respect and kindness lead to better service.
01:16:23 Unexpected radio ad brought significant business growth.
01:22:07 Underpriced laundry caused challenges, price strategically.
01:28:33 Provide free cleaning products for happy workers.
01:35:36 Share to connect and grow your business.
01:42:47 Prospective store owners should familiarize themselves with laundromats.
01:45:00 Thanks for being a valuable industry resource.

Show Notes-
https://laundromatresource.com/show141

Resources

www.linkedin.com/in/jon-schemmel

Show Sponsors

AtmosphereTV- 50+ channels of positive, fun TV programming, allowing you to cut your cable bill and create a great atmosphere in your laundromat! Get the registration fee waived by using this link!
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Welcome to the latest episode of Laundromat Resource, where we delve into the world of laundromat businesses. In this episode, we're joined by special guest Dave Menz, a seasoned veteran in the industry. Together, they tackle a range of hard-hitting topics, from industry challenges and the controversial nature of established organizations to the key to personal and professional success. Dave Menz also shares his experiences and insights, from overcoming obstacles to thriving in seemingly less-than-ideal markets. With a focus on collaboration, unity, and sharing platforms and voices, this episode promises to be both insightful and thought-provoking. So join us as we dive into the heart of the laundromat business and explore new possibilities for growth and success.

In this episode, Jordan and Dave discuss:

00:00 Excited about offering discounted course on laundromats.
10:13 Dave's YouTube, social media, laundromat millionaire.com. Links for connection provided in show notes.
15:32 Real estate success: Fixed up, appraised high.
16:55 Transformed failing store, opened vibrant laundromat.
25:10 Success is about personal growth and learning.
31:26 Encouragement for new laundromat owners to share.
36:34 Long-term commitment to laundromat business and multi-generational investment.
41:18 Being transparent about project despite industry skepticism.
45:46 Sharing industry insights, success in podcasting business.
49:42 Extensive service coverage in store's 5-20 mile radius.
56:13 The Coin Laundry Association serves vendors, not owners.
01:00:02 Declining event invites due to industry concerns.
01:10:32 Owner seeks better treatment from industry organizations.
01:15:29 Cooperate, support, and succeed together for change.
01:19:40 Recognition and encouragement for independent platform growth.
01:25:59 Helping owners and communities thrive in businesses.
01:31:39 Platform focused on ongoing value for the audience.
01:34:53 New workshops and free resources for industry.
01:42:47 Sell more equipment, win together, tough conversation.
01:44:15 Take action on your New Year goals.

Episode 140 Forum Discussion

Show Notes-
https://laundromatresource.com/show140

Resources
http://www.laundromatmillionaire.com/

Show Sponsors

AtmosphereTV- 50+ channels of positive, fun TV programming, allowing you to cut your cable bill and create a great atmosphere in your laundromat! Get the registration fee waived by using this link!
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In this episode, host Jordan Berry is joined by the insightful and experienced guest, Steve Andrews. Together, they delve into the world of laundromat ownership, discussing essential business strategies, employee management, and the impact of location on success. With a focus on building meaningful change and motivation for listeners, they highlight the importance of taking action and maintaining a positive mindset to pursue success. From navigating challenges to finding growth opportunities, this episode is packed with valuable insights and practical advice for current and aspiring laundromat owners. Join us as we explore the fascinating world of entrepreneurship and business development in the laundromat industry.

In this episode, Jordan and Steve discuss: 

00:00 Sofia and Max, 12 and 10 years old, laundry business, expanding to store number 3.
09:51 Self-serve laundry with expanded parking and remodeling.
11:15 Improved parking increased revenue, security measures added.
16:13 American Changer machines and their security issues.
22:33 Convenient location with good visibility and amenities.
30:54 Laundry owner values trust, teamwork, and vision.
34:33 Managers monitor employee needs, offer performance bonuses.
41:06 Repainted store, upgraded vending machines for efficiency.
43:53 Large wall mural with QR codes for ratings.
51:53 Struggle with store traffic due to sign.
54:22 Marketing approach for local community Facebook groups.
01:00:09 Manager Vilma excels in customer service, relationships.
01:05:56 Successful team with different skill sets excel.
01:11:27 Building small businesses in smaller towns, purchasing property.
01:19:56 Budget for runway, avoid profit expectations, secure capital.
01:20:55 Understand interest rates, holding costs, capital aspect.
01:26:17 Learn from diverse experiences, build strong network.

Show Notes-
https://laundromatresource.com/show139

Resources
Email: steve@allthingsent.com
Website: www.washhouseclean.com
Facebook: @washhouseclean
Instagram: @washhouseclean
LinkedIN: Steve Andrews

Show Sponsors

AtmosphereTV- 50+ channels of positive, fun TV programming, allowing you to cut your cable bill and create a great atmosphere in your laundromat! Get the registration fee waived by using this link!
https://atmosphere.tv/partner/laundromat-resource

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