Interview with Branden Unnerstall

[Tim Cheung]

Quick question, in the podcast with Branden, he mentioned something that perked my interest.

He mentioned that in his Laundromats that he is investing in larger machines, 100lbs and 60lbs.

I Live in a city that has 117,000 people but only has 2 coin operated laundromats within the city and another 30 minutes out.

All of these laundromats have 20lbs, 30lbs, but not many bigger machines.

I’m a newbie and am researching at this moment but I am leaning towards bigger machines with a free dry with higher vend prices to offset.

What do you think ? If I did this it would definitely distinguish me as different from the others as I would have the biggest machines in the city.

[Branden Unnerstall]

Hey Tim ,if you’re in a town of 117,000 with only two laundronats you’ll be great! We figure for every 15,000 you should have a nice 3,000 sq ft store. If you have any more questions call me 6185589900

[Tim Cheung]

Thanks, Jordan for your quick response.

I should be a little more clearer. 2 coin operated laundromats and 3 drycleaners.

All have drop off and fold. But only 2 that are coin operated and they are both small laundromats about 1000sq ft and 1400 sq ft.

With my town you would think that a 3000 sq ft store would be amazing, but like Branden says, most people now are going with larger machines as for 20lbs why wouldn’t you do it at home ?

I have about 10K saved, but no where near enough to buy as of yet.

I do love all you you tube videos and I thank you for doing them, I’m so sorry you had to go through the pain of your first 2 laundromats, but I give you a big thumbs up for helping all who are trying to own their own so they don’t have to go through that.

I will do the free consulting call, when I think that all my ducks are in a row though.

Thanks again.

[Jason Dodge]

Tim, bigger machines are where the industry is going. Customers repeatedly come in and drop a basket in front of a washer and ask, is this the biggest washer you have? For that reason alone having the biggest washers right by the front door are strongly encouraged. Free dry is a hot topic and owners are either on board with it or hate it. I personally feel that it is simply a marketing strategy that will drive traffic and as long as you charge more for the wash it won’t hurt your bottom line at all.

As far as population, I personally feel that as long as that population is mostly lower income families and a good percentage, 35% or higher, of them are renters then you should be good. There is a formula for this that I could email you if you want.

Jason

[Frankie Riddle]

Hi Jason,

I am looking to purchase my first laundromat. Would you forward me a copy of the formula you mentioned above. My email is [email protected].

Thanks.

Frankie

[Tim Cheung]

Hi Jason, yes, please send me the formula also.

Thanking you in advance,

My email is: [email protected]

[Jason Dodge]

Please check your email. I sent some sample spreadsheets that I use to interpret demographics.

[Sean Walsh]

Hi Jordan, can you please forward that to my email as well? [email protected] 👍

[Jason Dodge]

Sent

[Author]

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