In today’s show, Andrew Cunningham, previous guest of the podcast, joins us once again to share some more of his practical knowledge to help you find more success in your laundromat business. Andrew and I tackle the finer points of buying a laundromat in a way that will be immensely valuable to anyone trying to buy their first laundromat, but also offers a lot for the veteran owners.
With Andrew’s patented deep insight, he and Jordan talk real numbers, practical techniques, and specific examples.
In this episode we talk about:
- What to think about when buying a laundromat
- What to do when analyzing a laundromat
- How to analyze the competition
- Machine mix and washer to dryer ratios
- Make-up air (Andrew’s favorite topic!)
- How to analyze the numbers of a laundromat
- How to interpret a demographics report
- How to analyze a laundromat with no profit or no books
And a heck of a lot more!
Listen To The Podcast Here
Watch The Podcast Here
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By Laundromat Owners.
For Laundromat Owners.
AtmosphereTV– We’re brought to you today by my friends at AtmoshereTV! Now You may have heard my interview a few months back with Mike Kelly from AtmosphereTV where we talked about what a simple change in content on your TVs can do for your laundromat by getting depressing news stations OFF and something much more fun, entertaining, and family-friendly ON. Since then, Atmosphere has grown to 50+ channels included in their service with everything from Surfing Dogs to Extreme sports, hilarious fails, and jaw-dropping videos from all over the world built specifically for business use. Atmosphere can be used to supplement your cable or you can completely cut your expensive cable bill and use Atmosphere 100% FREE saving thousands a year! Use my code RESOURCE when you check out or click the link or image to have your setup fee waived or contact Mike.Kelly@Atmosphere.tv for more information!
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Links from the show
- Andrew’s First Show
- Laundromat Resource
- Podcast show 61- “I’m Done.”
- Join the conversation from show 61
- Data Episode
- Cents Webinar– July 1 , 2021, 4pm pst/7pm est
- Diligence Capital Investments
- Laundromat Investor Resources
- Join Laundromat Resource
- Laundromat Resource Forums
- Laundromat Resource Blog
- Be a guest on the podcast!
- Sell your laundromat
- Laundromat Resource Coaching
Connect with Andrew
Stephen Dougherty · June 30, 2021 at 5:18 pm
Great show! This was an awesome show. Once again Andrew was a wealth of practical info. Jordan conducted a great interview and Andrew answered his questions with thoughtful and thorough replies.