The Laundromat Resource Podcast

By Jordan BerryBusiness Entrepreneurship Investing

The Laundromat Resource Podcast episodes

March 01, 2023 112. Running a Professional Laundromat Business From a Small Laundromat with David Laing
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David Laing is running a very professional laundromat business. In this interview, David shares all of the little things that he and his wife are doing in order to run a top-notch laundromat from their small, 1,000-square-foot store. We dive deep into their business planning process and all of the big and little things they are doing right!

We cover a lot of ground in this episode and David shares extremely practical advice. This is one of the most actionable episodes we have had, so take advantage of it!

0:00 Take action on your goals.
2:30 Join a Mastermind Group!
9:00 How David became interested in the laundromat business.
18:37 Pricing and losing money.
24:03 Return customers and customer service.
31:55 Turning your fans into your salesforce.
41:16 Marketing strategies for your laundromat.
52:14 The analytics that Laundryworks provides.
1:00:16 Changes made since taking over the laundromat.
1:05:05 Customer service based in service based.
1:09:24 The hunting vs. fishing model of marketing.
1:15:14 How much time do you put into your business?
1:19:47 The definition of core values.
1:27:09 How to professionalize your laundromat.
1:31:46 The importance of reading and listening to audiobooks.
1:36:59 Run your business like a professional business.
1:45:03 Recommended resources for growth.
Show Notes
https://laundromatresource.com/show112

Show Sponsors

AtmosphereTV- 50+ channels of positive, fun TV programming, allowing you to cut your cable bill and create a great atmosphere in your laundromat! Get the registration fee waived by using this link!
https://atmosphere.tv/partner/laundromat-resource

Resources
Start With Why book
Traction book
The 4 Disciplines of Execution book
Rocket Fuel book
Simon Sinek Ted Talk
Laundromat Owners Facebook Group
Guelph Laundry
Daniel Logan episode
Brian Riseland episode

Get Connected
Join Laundromat Resource
Laundromat Resource Coaching
Laundromat Resource Courses
Laundromat Resource Forums
Laundromat Marketplace- Sell Your Laundromat [free listings]
Diligence Capital Investments
Laundromat Investor Resources
Laundromat Resource Events
Laundromat Resource Blog

* Some links may be affiliate links in which the channel owner may receive compensation when you make a purchase using those links.
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1 hr 52 min
February 21, 2023 111. The Trick to Owning a Laundromat Over an Hour Away with Ryan Shoemaker
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Ryan Shoemaker is a new laundromat owner. He joins us today to share his story of how he got into the laundromat business, what he has learned since owning a laundromat, and how he is operating his laundromat from over an hour away!

Ryan and his wife are entrepreneurs at heart and have brought that spirit into their laundromat. Their experience in owning and running businesses has allowed them to develop systems and processes to manage their laundromat business mostly remotely.

Ryan offers a ton of tips and insights on how exactly he's running his business remotely. Jordan and Ryan also discuss:

0:00 Intro to the episode.
3:48 How did you get into the industry?
8:07 How did the laundromats come into the picture?
15:07 The value-add component of the business.
18:39 How to negotiate vendor take back seller financing.
25:07 Taking over the laundromat.
29:46 Magnetic locks and automatic doors.
32:29 Hurdles with homeless campers.
39:46 How often are you going to collect coins?
48:02 Looking at other laundromats.
51:21 Re-Investing in the business.
56:06 Running a laundromat on a budget.
1:02:57 What does it cost to do laundry in London, Canada?
1:07:30 Hurdles and how Ryan is overcoming them.
1:13:46 Recommended resources for entrepreneurs.
1:20:51 How to get in contact with Ryan.

Show Notes
https://laundromatresource.com/show111

Show Sponsors

AtmosphereTV- 50+ channels of positive, fun TV programming, allowing you to cut your cable bill and create a great atmosphere in your laundromat! Get the registration fee waived by using this link!
https://atmosphere.tv/partner/laundromat-resource

Resources
Laundromat Millionaire Book
Laundromat Owners Facebook Group
Joe Dan Reed's YouTube Channel
Following Keenan YouTube Channel

Get Connected
Join Laundromat Resource
Laundromat Resource Coaching
Laundromat Resource Courses
Laundromat Resource Forums
Laundromat Marketplace- Sell Your Laundromat [free listings]
Diligence Capital Investments
Laundromat Investor Resources
Laundromat Resource Events
Laundromat Resource Blog

* Some links may be affiliate links in which the channel owner may receive compensation when you make a purchase using those links.

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1 hr 28 min
February 02, 2023110. The Human Laundromat Encyclopedia is BACK with Some Knowledge for You with Andrew Cunningham
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Andrew Cunningham, the human laundromat encyclopedia is back on the show to drop some laundromat knowledge again! Andrew has been in the laundromat industry for over 40 years, but also prides himself on staying up on current times and trends.

I'm privileged to pick his brain on your behalf and we cover a LOT of ground in this interview. We start off with some priceless advice for first-time laundromat buyers. The information and advice Andrew shares for the newbies will save you literally thousands of dollars.

We then transition into talking about advice for current owners and cover a ton of ground that will help you improve your operations, stay up on the changing landscape of the industry, and ultimately, increase your bottom line.

Here's an overview of what we cover:
What to know when buying your first laundromat
What you need to know about brokers
Where most buyers fall short
The 3 keys that make or break a laundromat
Operational efficiencies
Competitive analysis
Perspective shifts in the industry
Your return on new customers
Basics of business operations
Card systems and you
And a whole lot more!

Show Notes
https://laundromatresource.com/show110

Show Sponsors

AtmosphereTV- 50+ channels of positive, fun TV programming, allowing you to cut your cable bill and create a great atmosphere in your laundromat! Get the registration fee waived by using this link!
https://atmosphere.tv/partner/laundromat-resource

Resources
Card System Comparison- Coming Soon! Be sure to get on our email list if you're not yet to be notified when it is published!

Get Connected
Join Laundromat Resource
Laundromat Resource Coaching
Laundromat Resource Courses
Laundromat Resource Forums
Laundromat Marketplace- Sell Your Laundromat [free listings]
Diligence Capital Investments
Laundromat Investor Resources
Laundromat Resource Events
Laundromat Resource Blog

* Some links may be affiliate links in which the channel owner may receive compensation when you make a purchase using those links.
Connect With Us
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1 hr 14 min
January 24, 2023109. 2023 Predictions for Laundromat Owners with Marc Stern
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2022 was a wild ride for the world in general, and for laundromat owners in particular! But at the beginning of 2022, Marc Stern from Eastern Funding came on the show and prepared us all for what was to come. He was spot on!

Marc joins us again today to look ahead at what we, as laundromat owners, can expect in 2023 and how we can best prepare ourselves to navigate our changing world. There's a lot going on right now and Marc's nationwide perspective gives us a view of our industry that can be hard to see when we're focused on running our businesses day-to-day.

This episode is packed with great insight and practical tips to help you navigate your year. Jordan and Marc discuss:
A recap of 2022
Laundromats as recession-proof businesses
The 3 main costs of laundromats and how they are being affected
Interest rates for 2023
Trend on purchasing laundromats
How to raise prices in your laundromat
How big will the recession be
Recession's effect on rents
Is now a good time to get into the business?
How successful laundromat owners are navigating the current climate
Effect on wash and fold and laundry pick-up and delivery
Lending options to utilize right now
Where the opportunities are right now in the laundromat industry
And so much more!
Show Notes
https://laundromatresource.com/show109

Show Sponsors

AtmosphereTV- 50+ channels of positive, fun TV programming, allowing you to cut your cable bill and create a great atmosphere in your laundromat! Get the registration fee waived by using this link!
https://atmosphere.tv/partner/laundromat-resource

Resources
Eastern Funding
Marc's 2022 Predictions Podcast Episode
How to find a laundromat for sale [VIDEO]
[email protected]

Get Connected
Join Laundromat Resource
Laundromat Resource Coaching
Laundromat Resource Courses
Laundromat Resource Forums
Laundromat Marketplace- Sell Your Laundromat [free listings]
Diligence Capital Investments
Laundromat Investor Resources
Laundromat Resource Events
Laundromat Resource Blog

* Some links may be affiliate links in which the channel owner may receive compensation when you make a purchase using those links.
Connect With Us
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51 min
January 17, 2023108. Buying a Laundromat JUST Before COVID Struck with Bryan Neal
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Bryan Neal bought his laundromat a month before the world closed down due to the COVID outbreak. As a new business owner facing an unknown future, Bryan tells the story of his struggle to hold onto the business and turn it into a thriving service for his community.

Bryan's story is one of grit, persistence, and bold action that has lead to his success. In this episode Bryan and Jordan discuss:
Buying a $50,000 business
Buying a business just before COVID
Bryan's retooling strategy
Buying a second laundromat
Guerilla marketing tactics that lead to a 25% increase in revenue
Overcoming a laundromat's bad reputation
Overcoming fear to get started
Launching a laundry pick-up & delivery service with Happy Nest
How to grow a laundry pick-up and delivery service
Old school vs. new school laundromat owner philosophies
Networking with other owners
Removing barriers for customers
And way more!
Show Notes
https://laundromatresource.com/show108

Show Sponsors

AtmosphereTV- 50+ channels of positive, fun TV programming, allowing you to cut your cable bill and create a great atmosphere in your laundromat! Get the registration fee waived by using this link!
https://atmosphere.tv/partner/laundromat-resource

Resources
Extreme Ownership Book
Total Money Makeover Book
Sharon Brinks's Podcast Episode

Get Connected
Join Laundromat Resource
Laundromat Resource Coaching
Laundromat Resource Courses
Laundromat Resource Forums
Laundromat Marketplace- Sell Your Laundromat [free listings]
Diligence Capital Investments
Laundromat Investor Resources
Laundromat Resource Events
Laundromat Resource Blog

* Some links may be affiliate links in which the channel owner may receive compensation when you make a purchase using those links.

Connect With Us
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Instagram
Facebook
LinkedIn
Twitter
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1 hr 57 min
January 11, 2023107. Go BIGGER This Year With the Top Lessons From 2022!
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We're back and primed to be better than ever! We kick off this new year with a recap of the wild 2022 and how it affected laundromat owners. From that recap I came away with one big takeaway: Things are changing and we'll all be better together if we navigate them together!

I also make a HUGE announcement about a massive upgrade to the Pro Community! Here's the rundown:
We're adding weekly coaching calls
We're adding 3 tiers of community-including mastermind groups!
Easier navigation of the pro resources
And finally, we talk about the 7 big lessons from 2022:
Focus on service in your laundromat
Professionalize your marketing
Utilize data
Reinvest in your business
Look for tech & automation leverage
Invest in yourself
Laundromats are more scalable than ever before
Go Pro
https://pro.laundromatresource.com
Take the tour of the new pro platform

Show Notes
https://laundromatresource.com/show107

Show Sponsors

AtmosphereTV- 50+ channels of positive, fun TV programming, allowing you to cut your cable bill and create a great atmosphere in your laundromat! Get the registration fee waived by using this link!
https://atmosphere.tv/partner/laundromat-resource

Resources
Links to all individual episodes are at https://laundromatresource.com/show107

Get Connected
Join Laundromat Resource
Laundromat Resource Coaching
Laundromat Resource Courses
Laundromat Resource Forums
Laundromat Marketplace- Sell Your Laundromat [free listings]
Diligence Capital Investments
Laundromat Investor Resources
Laundromat Resource Events
Laundromat Resource Blog

* Some links may be affiliate links in which the channel owner may receive compensation when you make a purchase using those links.

Connect With Us
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45 min
November 08, 2022 106. The BEST Way to Dominate Your Laundromat Market
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The book $100 Million Offers by Alex Hormozi offers what Alex calls his Value Equation. The word "value" has been getting thrown around a lot in our industry for a while. So much so, actually, that I've actually been getting pretty sick of it. But, after reading, then re-reading Alex's book I started to contextualize his Value Equation to our industry and it led to a massive flood of ideas on how laundromat owners can dominate their market.

In this rare solo episode, I explain what Alex's Value Equation is and take you through it, variable by variable, to show you how you can dominate your market by optimizing each one.

Obsessing over the details of each variable in your businesses will lead you to offering more value to your customers. This ultimately will lead to better service, a better working environment, and higher profits for you. Take this episode and run as far and as fast as you can with it! Dominate your market then join me on the podcast to tell us all how you did it!

Show Notes
https://laundromatresource.com/show106

Show Sponsors

AtmosphereTV- 50+ channels of positive, fun TV programming, allowing you to cut your cable bill and create a great atmosphere in your laundromat! Get the registration fee waived by using this link!
https://atmosphere.tv/partner/laundromat-resource

Resources
$100 Million Offers

Get Connected
Join Laundromat Resource
Laundromat Resource Coaching
Laundromat Resource Courses
Laundromat Resource Forums
Laundromat Marketplace- Sell Your Laundromat [free listings]
Diligence Capital Investments
Laundromat Investor Resources
Laundromat Resource Events
Laundromat Resource Blog

* Some links may be affiliate links in which the channel owner may receive compensation when you make a purchase using those links.
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Instagram
Facebook
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TikToc
Connect With Us
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Instagram
Facebook
LinkedIn
Twitter
TikTok
50 min
October 26, 2022105. Leave Your 9-5 and Live Your Dreams with Brian Luebben
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Brian Luebben, the host of the Action Academy Podcast, joins us today to talk about leaving your 9-5 job and building the life of your dreams! Brian is practicing what he preaches and is traveling the world as we speak. He's on a mission to show you how you can find freedom in your life, too.

Brian and Jordan talk about how to lay out a vision for your life and how to create a plan to bring that vision to life. This episode fits perfectly with the goals of many laundromat owners and soon-to-be laundromat owners. It's seriously incredible stuff.

Brian shares quotes like, "Fall in love with the process, not the end goal," "Impossible is defined by your environment and exposure," and "Be married to the end destination, but date the way you get there."

Jordan and Brian also discuss:
How Brian left his corporate job
How to leave your W2 job
Having a powerful "Why"
Advice on how to create a vision of the future
Vivid vision
The keys to accomplishing the "impossible"
Passionate income
And way, way more!
Show Notes
https://laundromatresource.com/show105

Show Sponsors

AtmosphereTV- 50+ channels of positive, fun TV programming, allowing you to cut your cable bill and create a great atmosphere in your laundromat! Get the registration fee waived by using this link!
https://atmosphere.tv/partner/laundromat-resource

Resources
Action Academy Podcast
Laundromat Analysis and Valuation Course
Brians FREE e-book- W2 to World Travel
GoBundance
Vivid Vision
The Miracle Equation

Get Connected
Join Laundromat Resource
Laundromat Resource Coaching
Laundromat Resource Courses
Laundromat Resource Forums
Laundromat Marketplace- Sell Your Laundromat [free listings]
Diligence Capital Investments
Laundromat Investor Resources
Laundromat Resource Events
Laundromat Resource Blog

* Some links may be affiliate links in which the channel owner may receive compensation when you make a purchase using those links.
Connect With Us
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Instagram
Facebook
LinkedIn
Twitter
TikToc
Connect With Us
YouTube
Instagram
Facebook
LinkedIn
Twitter
TikTok
1 hr 18 min
October 18, 2022104. Jono TRIPLED His Revenue In 1 Year & Tells You How He Did It!
Send us Fan Mail
Diligence Capital Investments Deluxe Fund
Email Jordan at [email protected] to request the PPM
Laundromat Millionaire Pick-up & Delivery Bootcamp (2 spots left!)

Jonathon Santamaria bought what he calls a hobby laundromat for some side income in Northcote, Australia. He quickly grew that laundromat to triple the revenue from when he took over. Through a combination of adding payment options, digital marketing, and saying, "No" to potential customers, Jono dramatically improved his little hobby.

In today's episode, Jono and Jordan discuss:
Jono's path to owning a laundromat
Making quick decisions and taking action
Laundromat due diligence
How he tripled his revenue in 1 year
Digital marketing tips
Having a narrow focus in his laundry pick-up & delivery service
The concept of incremental gains & how they lead to massive growth
Networking
Other helpful podcasts
And a whole lot more!

Show Notes
https://laundromatresource.com/show104

Show Sponsors

AtmosphereTV- 50+ channels of positive, fun TV programming, allowing you to cut your cable bill and create a great atmosphere in your laundromat! Get the registration fee waived by using this link!
https://atmosphere.tv/partner/laundromat-resource

Resources
Diligence Capital Investments Deluxe Fund
Laundromat Millionaire Pick-up & Delivery Bootcamp (2 spots left!)
Rich Dad, Poor Dad
Cashflow Quadrant
The Resilience Project
Dyl & Friends Podcast

Connect with Jono
Jonathan Santamaria
Nina's Laundrette - Laundromat Northcote

Get Connected
Join Laundromat Resource
Laundromat Resource Coaching
Laundromat Resource Courses
Laundromat Resource Forums
Laundromat Marketplace- Sell Your Laundromat [free listings]
Diligence Capital Investments
Laundromat Investor Resources
Laundromat Resource Events
Laundromat Resource Blog

* Some links may be affiliate links in which the channel owner may receive compensation when you make a purchase using those links.
Connect With Us
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Instagram
Facebook
LinkedIn
Twitter
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1 hr 28 min
October 04, 2022103. Buying a Closed Laundromat an Hour and a Half Away with Lloyd Silver
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Diligence Capital Investments Deluxe Fund

Lloyd Silver is a marketing agency owner who took to the laundromat industry to forge a new direction. Lloyd found a closed-down laundromat that he ended up buying, retooling, and re-launching. He generously shares how he valued that laundromat, how he came up with his plan to re-launch it, and how it performed after he did.

Lloyd also started a laundry pick-up and delivery business from scratch out of that laundromat. He shares the details of how he did that and what his plan is to expand the business into his second location.

And he did all of this living an hour and a half from his laundromat. Lloyd is very open and honest about his process and answers many of the questions I get often about buying zombiemats or closed laundromats, starting a pick-up and delivery from scratch, and owning remotely.

As if that wasn't enough, we dig deep into his marketing expertise and talk about how laundromat owners can leverage a marketing plan to accelerate their business growth.

In today's interview, Lloyd and Jordan discuss:
Lloyd's background as a financial analyst and marketing agency owner
How he found a laundromat to buy
How he valued the closed laundromat
How long it took to reach profitability
How he funded the acquisition of the closed laundromat
How he owns the laundromat an hour and a half from his home
How he onboards new employees
How he started laundry pick-up and delivery from scratch
What he's doing differently the second time around on his second laundromat
What marketing techniques are working for his laundry business
Can you run your own ads or do you need an agency to run them for you?
Lloyd's done-with-you marketing BootCamp for laundromat owners
And a lot more!

Show Notes
https://laundromatresource.com/show103

Show Sponsors

AtmosphereTV- 50+ channels of positive, fun TV programming, allowing you to cut your cable bill and create a great atmosphere in your laundromat! Get the registration fee waived by using this link!
https://atmosphere.tv/partner/laundromat-resource

Resources
Diligence Capital Investments Deluxe Fund
Lloyd's Marketing Course and BootCamp
How to Build Your Own Laundromat Website Course [FREE]

Connect with Lloyd
Lloyd on Facebook

Get Connected
Join Laundromat Resource
Laundromat Resource Coaching
Laundromat Resource Forums
Laundromat Marketplace- Sell Your Laundromat [free listings]
Diligence Capital Investments
Laundromat Investor Resources
Laundromat Resource Events
Laundromat Resource Blog

* Some links may be affiliate links in which the channel owner may receive compensation when you make a purchase using those links.
Connect With Us
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Instagram
Facebook
LinkedIn
Twitter
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1 hr 31 min

About The Laundromat Resource Podcast

From the publisher's feed

The Laundromat Resource Podcast is helping people find financial freedom through laundromat ownership. It is a podcast by laundromat owners, for laundromat owners.