The Laundromat Resource Podcast

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

Show Sponsors

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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

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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

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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!
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In this episode of Laundromat Resource, we delve into the inspiring journey of Alex Bloom, a high school dropout turned laundromat luminary. Join host Jordan Berry as he uncovers the story of Alex's rise from adversity to entrepreneurial success in the laundry industry. From managing multiple laundromats in different locations to negotiating creative financing deals and navigating unexpected challenges, Alex provides valuable insights, anecdotes, and practical advice for both aspiring and experienced laundromat owners. Tune in as we explore the highs, lows, and innovative strategies that have paved the way for Alex's remarkable achievements in the laundromat business. So grab a cup of coffee and get ready to be inspired by the entrepreneurial wisdom of Alex Bloom on this episode of Laundromat Resource.

In this episode, Jordan and Alex discuss: 

00:00 Take action now to achieve your goals.
06:05 Wife supports my endeavors, condo in Myrtle.
13:27 Business owner shares story of store fire.
18:13 Bought laundromat, profitable from day one. Utilities organized.
23:57 Slow, steady growth led to loyal customers.
32:11 Use card, return it. Text for issues.
33:41 Innovative thinking and problem-solving benefit business.
38:34 Tenant wants to buy property, not rent.
45:30 Upgraded to efficient water heater, saved money.
50:18 Three stores, one nearby, two across town.
55:33 Inexperienced person searches for commercial laundry machines.
01:03:29 Arrange meeting, Springfield, discussed previous conversation briefly.
01:06:55 Negotiated lower rent, financed store renovations.
01:12:23 Attendants praised for exceptional customer service experience.
01:20:32 $16 for hot water and deep cycle.
01:22:05 New Quantum Touch dryers improve drying speed.
01:26:29 Explaining laundry service, unawareness, and market challenge.
01:32:42 YouTube videos and podcasts provide valuable information.
01:37:39 Take action on one inspiring idea this week.

Show Notes-
https://laundromatresource.com/show138

Resources
Email: alex@YesWeLaundry.com
Website
Facebook
Instagram
Facebook
Instagram

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 dive into the world of laundromat ownership and operations. In this episode, host Jordan Berry sits down with special guest Ben Higginbotham, a seasoned laundromat owner and investor, to discuss his journey in the industry. From securing private investors and navigating the financial barriers of entry to the intricacies of negotiating deals and managing multiple stores, Ben shares valuable insights and experiences. The conversation delves into the illusion of money, negotiation strategies, and the transformative belief in creating wealth. Join us as we explore the challenges and successes of running a laundromat business and gain practical advice for aspiring and current owners.

In this episode, Jordan and Ben discuss: 

08:49 Real estate investor recommends working with investors.
15:22 Seeking less stress and more enjoyment in work.
18:42 Perspective from seller and buyer in negotiation.
24:14 Increased prices after installing new machines, successful.
28:45 Coin-operated store thriving, customer base expanding.
37:21 Mortgage rates: fixed vs. adjustable explained briefly.
40:11 Laundromat underwent complete renovation for better infrastructure.
43:30 Upgraded machines, brighter space, improved customer comfort.
52:34 Leasing a laundromat in leased space explained.
54:40 Selling stores, riding cash, buying real estate.
01:02:59 Money illusion shifts through wealth-building mindset transformation.
01:08:52 Unable to put 80-pound machines due to thin concrete.
01:14:37 Avoiding necessary systems leads to wasted time.
01:16:38 Access to information is valuable but caution.
01:24:55 Struggles with DIY versus hiring professionals.
01:28:21 Continuously improve, seek mentorship, and raise prices.
01:35:35 Pricing machines based on weight, seeking fairness.
01:39:22 Raise laundromat prices for quick improvement. 

Show Notes-
https://laundromatresource.com/show137

Resources
Email: Michiganstreetlaundry@gmail.com
Website
Facebook

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 with your host, Jordan Berry. In this episode, we have an inspiring guest, Kevin Lumpkin, as he shares his incredible journey of transitioning from law enforcement to managing multiple laundromats. Kevin's story is one of resilience, determination, and strategic business acumen. From his time in prison to scaling successful businesses, he offers valuable insights into the laundromat industry and the entrepreneurial mindset. Join us as we delve into Kevin's compelling narrative, his commitment to empowering others through business education, and his ambitious goal of expanding his laundromat empire across the United States. Get ready for an insightful and uplifting conversation that will leave you inspired and motivated.

In this episode, Jordan and Kevin discuss:

00:00 Kevin Lumpkin shares wild story about laundromats.
07:43 Imprisoned man starts successful online businesses.
12:40 Adaptability and control define my attitude toward life.
19:23 Scaled TV business; transition to successful cleaning company.
23:48 Old laundry equipment, mostly not functional, overpriced.
29:16 Unanticipated costs led to startup challenges.
33:05 Adapt and invest in a growth mindset.
41:24 Laundromat attendant's sister took over after her.
48:45 Learning from courses, sees long-term potential.
53:45 Acquired 12, waiting for more next week.
59:03 Improve business by allowing customer feedback and engagement.
01:03:08 Building and equipment involves hard work, preparation.
01:06:09 Passion led to founding Black Entrepreneurs of America.

Show Notes-
https://laundromatresource.com/show136

Resources
Email: twashlaundromat@gmail.com
Website: twashlaundromat.com
Instagram
Facebook

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Welcome back to the Laundromat Resource Podcast! I'm your host, Jordan Berry, and this is Episode 135. Today, we have something special in store for you. It's Thanksgiving week, so we wanted to bring you a unique episode. We'll be featuring the Laundromat Resource Pro Podcast, where we recap the top takeaways and favorite quotes from our interviews. In this episode, you'll hear highlights from Episodes 1, 2, and 3 of the Laundromat Resource Pro Podcast. So, grab a cup of coffee, sit back, and join us as we dive into these valuable insights from seasoned laundromat owners. Let's get started!

In this episode we discuss:

01:06 3 takeaways & favorite quote from podcast interviews. Laundromat resource pro available at laundromatresource.com.
04:32 Thorough research and independent advice before purchasing. Avoid costly mistakes, be adaptable to changing circumstances. Blurring services for customer convenience.
06:30 Accessible laundromat information; seek expert assistance.
12:46 Enhancing customer experience in laundromats is crucial.
13:37 Seek guidance, improve, learn, research, test assumptions.

Show Notes-
https://laundromatresource.com/show135

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 back to the Laundromat Resource Podcast! In today's episode, titled "10 Hard-Hitting Truths," we delve into some eye-opening realities for those looking to buy or own a laundromat. We discuss the challenges in finding deals, the importance of building relationships, and the need for collective action to drive change in the industry. They emphasize the value of transparency and support for laundromat owners, and highlight the resources provided by Laundromat Resource to foster collaboration and growth. So grab your headphones, because it's time to confront and address the truth in the laundromat industry. Let's dive in!

In this episode, Jordan discusses:

01:55 Podcast summary, new calculator and secret tool.
03:34 2024 goal: $50k value in pro community. Join for discounts, resources, and community.
08:23 Build relationships with brokers to get deals.
10:48 Math is key to finding opportunities in interest rates and purchase prices.
16:16 Podcasts, YouTube, and social media overwhelm with advice.
17:53 Hold tight to principles, be flexible tactically.
21:29 Pay attention to details, pricing, competitors, opportunity.
25:13 Social media accounts for laundromat attract customers.
27:58 Increasing costs put pressure on businesses. Difficulty in competing due to lack of response from competitors. Solution: better industry practices.
32:39 Continuous innovation is vital for long-term success.
35:08 Industry needs change; distribution model broken.
38:19 Ten industry truths to face for growth.

Forum Post- https://www.laundromatresource.com/forums/topic/10-hard-truths-podcast/

Show Notes-
https://laundromatresource.com/show134

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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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In this episode of the Laundromat Resource Podcast we are joined by Russ Morgan and Joey Mure from Wealth Without Wall Street. They discuss their journey to financial freedom and passive income through non-Wall Street investments, emphasizing the importance of understanding one's investor DNA and aligning investments with personal strengths. The guests share their experiences, strategies, and resources for achieving financial independence. They also explore the potential of laundromats as a lucrative investment opportunity in lower-income communities. Stay tuned to learn more about building wealth without Wall Street in this insightful episode.

In this episode, Jordan, Joey and Russ discuss:

00:04:57 Two Alabama rednecks cherish freedom in life.
00:06:48 Prioritizing family led to successful passive income.
00:10:35 Learning, organizing, investing to build financial independence.
00:14:42 Learned from mistakes, built better processes. Save time.
00:15:47 Realizing god-created perspective shapes financial success journey.
00:19:04 Unable to influence outcome, leading to realization.
00:22:39 Shortcutting mistakes and collapsing time frames in business.
00:27:19 Pros and cons of short term rentals
00:29:54 Laundromats can inject value and worth.
00:32:31 Jordan describes aversion to repetition and perfectionism.
00:37:52 Seeking geographical freedom through financial independence strategies.
00:40:14 Persevere through challenges, learn from mistakes.
00:42:41 Joined community, exploring land flipping assessment.

Show Notes-
https://laundromatresource.com/show133

Resources
Facebook
LinkedIn
Instagram

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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Welcome back to another episode of the Laundromat Resource podcast! In today's episode, we have a very special guest joining us. We're thrilled to have M.C. Laubscher, the expert in all things financial and wealth building, as our guest. In this episode, M.C. shares his insights on the concept of infinite banking and how it can revolutionize the way we approach building wealth, especially in the laundromat industry. He shares his personal journey and experiences, as well as practical strategies and frameworks for financial freedom and generational wealth. So, grab a cup of coffee, sit back, and get ready to be inspired by M.C. Laubscher on this episode of the Laundromat Resource podcast!

In this episode, M.C and Jordan discuss:

00:03:17 Important industry meetup creates magical connections
00:05:19 Introducing the Infinite Banking concept in industry.
00:11:32 Borrow against money to buy real estate, laundromats.
00:18:32 Tax-free credit line for investment and growth.
00:25:16 Utilizing other people's money has benefits.
00:31:01 Stocks increase CEO value, creating more income. Backup plan, tax-free income, legacy strategy.
00:34:21 Enjoy the beach, dream big, impact others.
00:41:06 "Get your house in order, then succeed."
00:42:54 Front-load, invest, grow wealth - it's a process.
00:52:43 Infinite baking concept: generational wealth and education.
00:57:03 "Infinite banking policies for family's financial security."
01:00:03 Framework needed to organize and achieve goals.
01:07:11 Legacy videos inspire family legacy storytelling with excitement.

Show Notes-
https://laundromatresource.com/show132

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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Welcome back to another episode of Laundromat Resource! In today's show, we have special guests Brian and Melissa Rheaume, who will be sharing their insights on running a professional unattended laundromat portfolio. As the industry becomes more competitive, it's crucial to professionalize your business and provide an exceptional customer experience. Our guests emphasize the importance of telling your story and getting others to buy into it, giving you a significant advantage over your competitors. Join us as we dive into their experiences, discussing everything from market research and location selection to the challenges faced during the COVID-19 pandemic. Plus, we'll also be unveiling a groundbreaking AI chatbot that will revolutionize how you access information and resources. So, grab your laundry and settle in for another informative episode of Laundromat Resource!

In this episode, Brian and Melissa discuss:

00:01:23 AI tool now accessible to pro community.
00:08:32 Building from scratch, expanding after quitting job.
00:10:42 Successful coordination and immersion for better outcomes.
00:18:23 Fast turnaround for our first store.
00:23:55 Customer retention is prioritized via text communication.
00:26:50 Solving problems fast is invaluable, frustrations arise.
00:36:39 Efficient planning and collaboration leads to success.
00:41:19 Invest in quality for better store success.
00:44:51 Rare mindset: Do it right or don't do it.
00:52:59 Finding problems, adding value, exploring untapped potential.
00:58:03 Serve customers, foundation for decision-making, growth
01:02:28 Mistake: underestimated income, lacked marketing effort.
01:08:54 Long-term plan: quality stores over quantity
01:11:18 Romantic laundromat talk, location is key.
01:17:32 Front-load work, enjoy summer, laundromat benefits.
01:21:17 Good floor space, no bottlenecks, COVID emphasized spaciousness.
01:26:31 Take action, share on laundromatresource.com forums, accountability, storytelling, big goals


Show Notes-
https://laundromatresource.com/show131

Resources
Email: mail@waterfordlaundry.com
Website: mylaundryforless.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!
https://atmosphere.tv/partner/laundromat-resource

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Welcome to the latest episode of the Laundromat Resource podcast, where we bring you insightful content to help you grow your laundromat business. In today's episode, we interview Aprill and Shane, who share their journey of starting a pickup and delivery service without owning a laundromat. They discuss the challenges they faced, the importance of connections and super connectors, and the values that drive their business. They also dive into the key factors for success, the need for efficiency, and learning from others who have gone through similar experiences. Stay tuned as we explore their story and gain valuable insights that you can apply to your own laundromat business.

In this episode, we discuss:

00:01:02 Pro community shows members near you, networking.
00:09:30 Started pickup and delivery service without facilities.
00:10:52 Finding contact for customers; practical, economical.
00:16:31 Laundromat owners struggle to grow their businesses.
00:25:12 Lost capital, laundry service failed during COVID.
00:30:03 Laundry service lacks customers, owner switches jobs.
00:35:57 Value of super connectors in business relationships.
00:42:37 Honesty, responsibility, humility: keys to success.
00:47:19 Overwhelming volume required increased machinery and labor.
00:51:14 Protect your crew, avoid burnout, run it like a business.
00:57:28 Needed big gas dryers for hotel job.
01:01:04 Efficiency is vital for laundry business.
01:06:55 Purchased laundromat, familiar with building's potential.
01:11:12 Opposite expectations, interesting adjustment, upcoming possibilities.
01:19:21 Dave's program is great but expensive, worth it for quick return on investment.
01:26:11 Helping at laundromat, need more drivers.
01:30:53 Chasing shiny objects for business growth.
01:37:56 Good campaign manager, force vote, profit-first book, impressive and practical tips.
01:42:10 "I'm not naturally good at connecting."

Show Notes-
https://laundromatresource.com/show130

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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Welcome to the Laundromat Resource Podcast! In today's episode, I take a deep dive into the transformative mindset needed to succeed in the laundromat industry. Drawing from personal experiences and lessons learned, I share a framework that can be applied to any business to guarantee customer success and create a positive experience. From making incremental improvements in convenience and speed to fostering positive feelings and communication, I showcase the key ingredients to running a successful laundromat. Join us as we explore how prioritizing customer success can lead to personal fulfillment and community transformation. It's time to roll up your sleeves, take action, and join our passionate community of laundromat owners and enthusiasts on this exciting journey. Let's dive in!

In this episode, I discuss: 

00:02:29 Join the Mastermind Induction group for business success.
00:06:22 Help customers succeed. Commit, never stop. Succeed.
00:09:38 Customer success: 5 tactics for improvement.
00:12:42 Faster laundry experience for customers in self-serve.
00:15:39 Easier, faster, better, more convenient for customers.
00:19:59 Respectful communication with clients for business success.
00:23:37 Focusing on helping others brings more success.
00:27:45 Laundromats transform communities while achieving goals.
00:31:24 Partner to transform communities with little effort.
00:33:49 Resonate, practice, help, improve, invest, pursue, ongoing

Show Notes-
https://laundromatresource.com/show129

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

Connect With Us
YouTube
Instagram
Facebook
LinkedIn
Twitter
TikTok