The Laundromat Resource Podcast

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Jason Dodge, author of How to Find, Evaluate, and Buy a Laundromat, joins me on the podcast today to tell his incredible story of how he got into the industry and what his experience has been like so far.

His journey into the laundromat business begins with him on unemployment, leads to him writing a book out of desperation to help his laundromat survive a new competitor, and takes us up to now, where he's doing one of the exact things he advises NOT to do in his book!

You're going to love his story, get a lot of wisdom from his experience in the laundromat industry, and you'll love him as a person, too!

In today's episode, Jason and I talk about:

• Buying a laundromat while on unemployment
• Creative financing techniques
• His experience opening his first laundromat
• What to do when new competitors invade your territory
• Creative promotional ideas
• Online advertising
• Building a laundromat from scratch
• His tattoo of his grandma

And so much more!

See the funny Easter eggs Jason had in store for me while recording and more information about Jason and this episode on today's show notes:

Show Notes
https://laundromatresource.com/show42

Show Sponsor

Laundromat Resource Marketing- We know marketing and we know laundromats! Let us help you build your website and market your laundromat today!

https://laundromatresource.com/getonline

Links from the show:
Diligence Capital Investments
Screenshot of Jason's tattoo of his grandma
Pro forma sample

Resources:

• How to Find, Evaluate, and Buy a Laundromat
• Rich Dad, Poor Dad
• The 7 Habits of Highly Effective People

Get connected:

• 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 Jason:
Email: [email protected]

Website: howtobuyalaundromat.com

Facebook: https://www.facebook.com/capitolquickwash

 Instagram: @capitolquickwash

* Some links may be affiliate links which benefit Laundromat Resource and help us continue to create great resources for you at no extra cost to you. Thank you for supporting us!

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Laundromat Resource Podcast guest from show 33, Peter Mayberry, turns the tables on host Jordan Berry. For the first time ever, Jordan releases the reins and hands them over to a guest host for the day. 

Peter and Jordan delve deep into Jordan's experience getting into the industry, details of his businesses now, and goals for the future, both in his laundromats and with Laundromat Resource. With raw, honest conversation, they discuss their views on running a successful laundromat business.

And for the first time on the podcast, Peter and Jordan have an open conversation about running a laundromat in a rough area. Rarely addressed, or even acknowledged, both Peter and Jordan share some stories and lessons learned about owning laundromats on the wrong side of town.

In this episode, host Peter and guest Jordan discuss:

• Jordan's entrance into the laundromat industry
• Expensive lessons learned
• Rehabbing a zombie mat vs. rehabbing the reputation of a zombie mat
• Who should buy a laundromat in a rough part of town
• Networking as a superpower
• Why Jordan might sell one of his laundromats this year
• An opportunity to invest in laundromats passively
• The future of Laundromat Resource
• Why YOU should be active on the forums
• Making opportunities for more voices to speak into the laundromat industry
• Why books are so powerful

And so much more!

Show Notes
https://laundromatresource.com/show41

Show Sponsor

Laundromat Resource Marketing- We know Marketing and we know laundromats! Let us help you build your website and market your laundromat today!

https://laundromatresource.com/getonline

Links from the show:
Diligence Capital Investments
Episode 10 with Luke Williford
Episode 7 with Brandon Unnerstall
Episode 33 with Peter Mayberry
Libby- Free audiobook app

Resources:
4 Disciplines of Execution
Principles
Atomic Habits
Rich Dad, Poor Dad
The Power of Positive Thinking

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 Jordan:
Email: [email protected]

Website: https://laundromatresource.com

Social media: @laundromatresource

* Some links may be affiliate links which benefit Laundromat Resource and help us continue to create great resources for you at no extra cost to you. Thank you for supporting us!

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Daryl Zeiner has been through the ringer. From bleeding money before his laundromat even opened to having literally ZERO customers on his second day being open, you'll feel anxious for him as he tells his story. And yet, just a few months from opening his first laundromat he's looking for his second!

Why?? What happened between buying his first laundromat and the turmoil of losing money with no customers in sight, and today, just a few months after opening??

Daryl gives a very transparent account of his incredible journey toward laundromat ownership with a TON of valuable lessons for all of us weaved throughout his story.

In today's episode, Daryl and I talk about:

• Why he chose laundromats
• How he bought his first laundromat
• Remote laundromat ownership
• Buying a fixer-upper laundromat remotely
• Covid's impact on his laundromat opening
• What it was like to finally open the doors of his laundromat business
• The initial community response to opening (hint: there wasn't much of one at first)
• How he and his partners handled adversity
• Working with partners
• His future plans
• Customer service tips and ideas
• Due diligence
• Knowing how to get a good lease
• Resources to help you succeed in your business

And so much more!

Show Notes
https://laundromatresource.com/show40

Show Sponsor

Laundromat Resource Marketing- We know Marketing and we know laundromats! Let us help you build your website and market your laundromat today!

https://laundromatresource.com/getonline

Links from the show:
Video on Laundromats & Real Estate
Ken Barrett's Laundry How-To YouTube Channel
Dave "Laundromat Millionaire" Menz's YouTube Channel

Resources:
Rich Dad, Poor Dad
Peak to Peak Principle
Think and Grow Rich

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 Daryl:
Email: [email protected]

Website: www.palmbeachlakeslaundry.com

Social media: @palmbeachlakeslaundry

Daryl on LinkedIn: https://linkedin.com/in/daryl-zeiner-061177b/

* Some links may be affiliate links which benefit Laundromat Resource and help us continue to create great resources for you at no extra cost to you. Thank you for supporting us!

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"You are an extension of your customers' house."

Elizabeth Bricken Wilson  is  a dynamo laundromat owner! She is an absolute MASTER at listening to others and responding with empathy and decisive action. Her humble demeanor belies the genius of her success in the laundromat business.

"I don't exist without my customers."

As I spoke with Elizabeth, it become more and more clear to me that I was speaking with someone who gets it. She casually dropped genius perspectives, innovative ideas, and powerful wisdom as if were just chit chat over coffee. And yet, the power in her perspective on her business is something we all need more of!

"It's awesome to be a conduit for the neighborhood to support their neighbors."

I (Jordan) listened to this episode twice before it even came out and was struck by how great Elizabeth is at listening to her customers and staff, learning what they want and need, and finding ways to both give it to them and help them get it themselves.

"It doesn't cost extra to listen to your customers."

In this episode we cover topics such as: 

• Using NextDoor.com to find out how to craft a laundromat your neighborhood wants
• Lessons learned from buying her first laundromat business
• Preconceived misconceptions about owning laundromats
• How to stand out in a crowded market
• Personally running shifts early on
• Marketing your laundromat business
• Integrating laundry drop-off & pick-up and delivery services
• Goals for the next year
• Innovative and powerful secret sauce to success in the laundromat business
• Get to know laundromats
• The power of learning from successful people

And much more!

"If my husband can hire someone to do lawn care, I can hire someone to do the laundry."

Show Notes
https://laundromatresource.com/show39

Show Sponsor

Laundromat Resource Marketing- We know Marketing and we know laundromats! Let us help you build your website and market your laundromat today!

https://laundromatresource.com/getonline

Links from the show:
Suds Laundry Memphis
How to Scale Commercial Real Estate Podcast

Resources:
Shoe Dog- A Memoir By the Creator of Nike

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 Elizabeth:
[email protected]

* Some links may be affiliate links which benefit Laundromat Resource and help us continue to create great resources for you at no extra cost to you. Thank you for supporting us!

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Jacob Workman swore he would never own a laundromat. Today, he's a distinguished guest on the Laundromat Resource Podcast as a laundromat owner and laundromat youtuber. He loves the business and will tell you all about it!

Jacob's road to laundromat ownership was a wild and winding one. He spins the tale while packing in practical lessons he has learned, sharing his wisdom, and inspiring action! He's an open book as he shares his experience here on the podcast, and there are many lessons to be learned because of it.

Some of the things we talk about in this episode are:

• Jacob's parents moving out of state & leaving him behind in high school
• Jacob's parents' laundromat
• Jacob's entrepreneurial journey before his laundromat
• Jet ski flipping (!!)
• Why he bought a laundromat after saying he would never own one
• Free laundromats
• Facebook marketplace and Craigslist
• Location importance
• What to do when you first take over
• Advertising your laundromat
• Can you get into the business without working on machines?
• Jacob's future goals
• YouTubing his laundromat experiences
• Business details
• Raising vend prices

And much more!

Show Notes
https://laundromatresource.com/show38

Show Sponsor

Laundromat Resource Marketing- We know Marketing and we know laundromats! Let us help you build your website and market your laundromat today!

https://laundromatresource.com/getonline

Links from the show:
Live Q&A with Coin Laundry Association President and CEO Brian Wallace! (Subscribe and hit the bell icon)

There, I Fixed It YouTube Channel
Free Laundromat Video
Vending Machine Video
Quarantine Video

Laundromat Investor Resources
Join Laundromat Resource
Laundromat Resource Forums
Laundromat Resource Blog
Be a guest on the podcast!
Sell your laundromat
Laundromat Resource Coaching

* Some links may be affiliate links which benefit Laundromat Resource and help us continue to create great resources for you at no extra cost to you. Thank you for supporting us!

Connect With Us
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Instagram
Facebook
LinkedIn
Twitter
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Send us Fan Mail

In today's show we reflect on the wisdom shared by podcast guests in 2020 in order to help us achieve our goals and improve our businesses in 2021! While reviewing the previous podcast episodes, 7 major themes emerged as common characteristics of successful laundromat owners. 

In keeping true to the mission of the podcast and of Laundromat Resource, this is a show by laundromat owners, for laundromat owners. This episode will get you fired up and on track to have your best year yet!

In today's show, we'll discuss:

1. Successful laundromat owners are customer focused.
2. Successful laundromat owners hire great employees and take care of them.
3. Successful laundromat owners are relentless.
4. Successful laundromat owners never stop learning.
5. Successful laundromat owners work with high quality people.
6. Successful laundromat owners have a great web presence and brand.
7. Successful laundromat owners keep their eye on the future.

And more!

Join host Jordan Berry in a survey of the top 7 lessons in the first 7 months of The Laundromat Resource Podcast and be inspired to dominate 2021!

Show Notes
https://laundromatresource.com/show37

Show Sponsor

Laundromat Resource Marketing- We know Marketing and we know laundromats! Let us help you build your website and market your laundromat today!

https://laundromatresource.com/getonline

Links from the show:
Live Q&A with Coin Laundry Association President and CEO Brian Wallace! (Subscribe and hit the bell icon)

Laundromat Investor Resources
Join Laundromat Resource
Laundromat Resource Forums
Laundromat Resource Blog
Be a guest on the podcast!
Sell your laundromat
Laundromat Resource Coaching

* Some links may be affiliate links which benefit Laundromat Resource and help us continue to create great resources for you at no extra cost to you. Thank you for supporting us!

Connect With Us
YouTube
Instagram
Facebook
LinkedIn
Twitter
TikTok

Send us Fan Mail

Joe Dan Reed, a multi-laundromat owner in the Southern United States, shares his experience owning laundromats. Packed with practical advice, tips to succeed with laundromats, and an abundance mindset, this show will help you level up your business!

Joe Dan shares what he has done right, what he has done wrong, and what he would do if he was starting out right now. He gives you his formula for success that you can replicate.

In today's show, we talk about:

• Free laundromats
• Hard mount washers vs. soft mount washers
• What makes a great laundromat location
• What demographics to look at when buying a laundromat
• What Joe Dan missed on a bad laundromat purchase
• Joe Dan's laundromat business management structure
• Laundry Pick-up and Delivery- Happy Nest
• Fixing your own washing machines and dryers
• Building a laundromat
• Lease negotiations
• Washer pricing
• Store layout
• Great employees
• Importance of distributors

And MUCH more!

Take notes on this episode and pick at least one thing to put into action this week from today's show.

Action paves the way to success!

Show Notes
https://laundromatresource.com/show36

Show Sponsor

Laundromat Resource Marketing- We know Marketing and we know laundromats! Let us help you build your website and market your laundromat today!

https://laundromatresource.com/getonline

Links from the show:
Splash Em Out Laundry
Splash Em Out Laundry Youtube
Joe Dan Reed's Youtube

Chris Michalek's Interview- Lender
Dave Menz's Interview
Marc Stern of Eastern Funding's Interview
Wash-Dry-Fold POS system
Happy Nest

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 Joe Dan:
Email- [email protected]
Splash Em Out

* Some links may be affiliate links which benefit Laundromat Resource and help us continue to create great resources for you at no extra cost to you. Thank you for supporting us!

Connect With Us
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Facebook
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Send us Fan Mail

What do you do when your well-paying corporate job just disappears? Well, if you're Steve Andrews you kiss it goodbye for good! 

Steve used his laundromat to escape the corporate rat race and find financial freedom through laundromat ownership and it this show he tells you how he did it and how you can do it, too!

Steve's story punctuates the power that a well-run laundromat can have in transforming your life. While he was originally planning on buying a smaller, cheaper laundromat, when his corporate job disintegrated he had a decision to make. Should he update his resume and look for another job in the corporate rat race? Or, should he double down and buy a larger laundromat and use that as his escape from the corporate rat race?

In today's show, Steve tells his riveting tale of his big decision and shares the results of choosing to go big with his Nashville laundromat.  Full of valuable insight and experience, Steve's show is full of practical advice to other laundromat owners and those who want to buy their first laundromat!

In today's show, Steve and Jordan discuss:

• Real estate investments
• ROBs- Using retirement money to purchase a small business, like a laundromat
• Life in the corporate rat race
• Steve's big decision to leave the corporate rat race and choose laundromat ownership
• Cash flow with real estate vs. cash flow with laundromats
• Tips for convincing a spouse of the merits of buying a laundromat
• What makes a great laundromat location
• Building vs. Buying a laundromat business
• Laundromat lease negotiations
• Laundry pick up and delivery business with Happy Nest
• Taking care of good employees
• Ensuring a good customer experience

And so much more!

Take out your notepad and pencil because you're going to write some of this down!

Show Notes
https://laundromatresource.com/show35

Show Sponsor

Laundromat Resource Marketing- We know Marketing and we know laundromats! Let us help you build your website and market your laundromat today!

https://laundromatresource.com/getonline

Links from the show:
Videos of Steve's Laundromat Buildout
Good to Great by Jim Collins

JD Dixon's Interview
JD Dixon's Distribution Company- National Laundry Equipment
Mike Kelly's Interview
Dave Menz's Interview
Marc Stern of Eastern Funding's Interview
Luke Williford's Interview

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 Steve:
Email- [email protected]
washhouseclean.com

* Some links may be affiliate links which benefit Laundromat Resource and help us continue to create great resources for you at no extra cost to you. Thank you for supporting us!

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The creativity is flowing in this interview as Mike Kelly relays his experience and observations in working with not only laundromat owners, but business owners in many other fields, as well. Mike comes to us from Atmosphere.tv, a free cable alternative and digital signage company. He works with businesses such as laundromats, restaurants, bars, and others where customers spend time.

Mike not only talks about the perks of Atmosphere.tv, but he also gives a lot of wisdom about how to create a customer-friendly atmosphere in your store. Environment is often over-looked or under-appreciated, but Mike makes the case that it is crucial to have a positive, customer-friendly atmosphere in your laundromat business to allow your business to perform at maximum capacity.

In this episode Mike shares:

• How to best utilize the current state of the world to benefit your business
• The power of collaboration between businesses
• Social media tips
• Setting world records
• A HUGE opportunity in marketing right now
• Digital signage
• The importance of your laundromat's environment
• Connecting with other owners and industry professionals

PLUS he gives a special discounted perk to Laundromat Resource Podcast Listeners and more!

If you sign up for Atmosphere.tv for your laundromat, let them know you came from the Laundromat Resource Podcast and they will wave the set-up fee!

Show Notes
https://laundromatresource.com/show34

Show Sponsor

Laundromat Resource Marketing- We know Marketing and we know laundromats! Let us help you build your website and market your laundromat today!

https://laundromatresource.com/getonline

Links from the show:
Atmosphere.tv
On the Clock- Short film shot in Jordan's laundromat (at the end). Amazon Prime link

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 Mike:
[email protected]

Connect With Us
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Instagram
Facebook
LinkedIn
Twitter
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Send us Fan Mail

Multi-laundromat owner and serial entrepreneur, Peter Mayberry, drops so much wisdom and advice in this show that you'll probably need to watch it more than once! He has extensive experience in the laundromat industry, but has also ventured into other businesses like hotels, self storage, bitcoin mining, and is even pursuing building  casino! 

If you're someone who wants to grow your business, find financial freedom doing something you love, or if you have ambitious goals, Peter is a guy you're going to want to hear from!

In this episode we talk about:

• Building a laundromat from scratch
• Building vs. Buying your first laundromat
• The #1 reason Peter eliminates a potential laundromat from consideration
• Free laundromats
• Managing multiple laundromats
• Networking as the key to business success and rapid progress
• Specific numbers in his businesses
• The best locations to build a laundromat
• Goals driving your actions
• How to find a mentor in the laundromat industry
• And Peter drops a tip to close the interview that is a game changer for any laundromat owner!

And much, much more!

This was an incredible interview that you definitely don't want to miss! See below for links from today's show.

Show Notes
https://laundromatresource.com/show33

Show Sponsor

Laundromat Resource Marketing- We know Marketing and we know laundromats! Let us help you build your website and market your laundromat today!

https://laundromatresource.com/getonline

Links from the show:
Interview with Luke Williford
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 Peter:
[email protected]

Connect With Us
YouTube
Instagram
Facebook
LinkedIn
Twitter
TikTok