Roadmap For A Successful Retool
Not sure where to start when planning for equipment replacement? Check out our map for a step-by-step guide to navigating the process and make sure you’re headed toward success.
How O-Town Laundry Plans For Success – An Equipment Replacement Success Story
NAME: Joe Jepson BUSINESS NAME: O-Town Coin Laundry LOCATIONS: 4 in the Salt Lake City area OVERVIEW: Making sure customers get a great experience today starts with planning for tomorrow. “We were an apartment management company, mostly,” says Joe Jepson. “Now we’re moving into being more of a laundry company.” That move started when [...]
Strength in Leadership: Bill Rancic’s Top Tips
I knew I wanted to be my own boss very early on in my career. Because I was so young, just three years out of college, I had a lot of learning to do along the way. My partner and I started a cigar of the month club and after many long days and [...]
Know What Your Store Is Worth—Even If You Don’t Plan To Sell
For Brian Wallace, president of the Coin Laundry Association, many of the business decisions that come with running a laundromat should be framed by one question: What is your store worth? Even if you’re not planning on selling your store any time soon, what your store is worth can be helpful when determining whether to [...]
A Step Toward Added Profit Potential
Your profit rests in the quality and performance of your machines. Replacement can be intimidating and the factors that influence the decision to replace will be different for every store. Those “whys” can tell you a lot about how you can best approach the replacement process—whether you should be considering a full retool or would [...]
A Q&A on Equipment Financing
Upgrading your store’s equipment can be the key to continued success, but we know that one of the biggest hurdles to investing in new equipment is the capital expense. To help, Maytag® Commercial Laundry offers competitive financing rates through two lenders with plenty of experience in the laundry industry, Eastern Funding and Highland Capital. [...]
How One Laundromat Owner Continuously Re-equips His Bottom Line
Bob Hoezel is the owner of 10 laundromats across Southeast Wisconsin. He’s been in the business for 15 years, and for most of those years, he has depended mainly on Maytag® Commercial Laundry machines. With so many stores, Hoezel is constantly reequipping. Some years he just replaces a few machines, other years he retools [...]
Keep Your Competitive Edge
When you’re running a laundromat, it can be easy to fall into a routine. The challenge is not falling into a rut. If you’re worried your store is getting a little rough around the edges, or your income isn’t what it used to be, it might be time to reevaluate your laundromat and restore [...]