Laundry Money Podcast Show Notes

#2: How Do I Start a Laundromat Business?

Written by Laundry Money Podcast | Jun 26, 2020 4:04:05 PM

  • Intro
  • [0:29] Laundry Money
  • [0:38] Max Branstetter, Hippo Direct, Wild Business Growth Podcast
  • [0:45] Howard Shear, Rex Anderson, Lakeside Laundry Equipment
  • How Do I Start a Laundromat Business?
  • [1:35] How do you choose a location for your laundromat business?
  • [2:31] Site selection
  • [3:02] How many different laundromat sites should you expect to look at?
  • [3:20] Demographic studies, Traffic studies, Competitive studies
  • [3:49] What makes a Lakeside Laundry Equipment a great partner for investing in a laundromat business?
  • [4:18] U.S. Census
  • [5:29] Dollar Store, Grocery Store
  • [6:40] What are the first steps with construction or building your laundromat business?
  • [7:55] What are some red flags or things to avoid when considering investing in a laundromat business?
  • [9:06] What makes a great partner for investing in a laundromat business?
  • [10:52] What else do you need to bring to the table to make your laundromat business investment?
  • [11:34] Utilities
  • [12:15] How do you know you’ve made a smart laundromat business investment?
  • Outro
  • [13:39] Bring your laundromat business to life by visiting LakesideLaundry.com/Podcast and filling out the form
  • Theme Song: Rock Your Life – Abydos Music – provided by Jamendo
  • The numbers discussed in this podcast are based upon estimates and may vary from location to location. Past performances are no guarantee on future estimates, but are used as a guideline