- Intro
- [0:29] Laundry Money
- [0:37] Max Branstetter, Hippo Direct, Wild Business Growth Podcast
- [0:43] Howard Shear, Rex Anderson, Lakeside Laundry Equipment
- Maximizing Cash Flow in My Laundromat Business
- [1:27] How do you know how big and popular a laundromat business you can support?
- [1:58] Bulkheads, HVAC
- [2:39] What can you do to maximize cash flow in your laundromat business?
- [2:43] Advertise, Yelp, Mailers, Giveaways, Laundry bags
- [3:38] Grand Opening, Hot dog cookouts, Raffle tickets
- [4:52] Grand Reopening, Customer Appreciation Night, Reading Center
- [5:16] Jackie Moon, Semi-Pro
- [5:36] iPhone, Apple
- [6:25] Customer Service, Candy Machines, Massage Chairs, Arcade Games
- [6:38] Should I own ancillary games and machines or partner with a separate owner?
- [7:16] Soap machines
- [7:31] The Candy Man Can
- [7:49] How much can you have accountability in your laundromat business?
- [8:23] ESD credit card system
- [9:18] Should I find a partner for my laundromat business investment?
- [9:41] Income
- [10:47] What are the 4 Fingers of Cash Flow?
- [11:14] Hiring Attendants & Equipment Costs (Overhead), Rent, Utilities, Service costs
- [12:18] Profitability
- [12:38] Depreciation Schedules
- [13:04] Net Income, Tax Penalty
- [14:22] What is important to reiterate about investing in a laundromat business?
- [14:41] Distributor, Demographics
- Outro
- [15:14] 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
