BDT Capital Partners to Acquire Majority Stake in Alliance Laundry Systems
Alliance Laundry Systems has announced that BDT Capital Partners, LLC, through its investment funds, has agreed to acquire a majority interest in the company from Ontario Teachers’ Pension Plan. Teachers’ is expected to retain a minority interest in the...Continental Creative Services Debuts New Website and Logo
Continental Creative Services – a full-service marketing, advertising and public relations company – recently unveiled its new logo and mobile-friendly website (www.continentalccs.com). The site is “content rich, simple to navigate, graphically pleasing and...Wash with Wally: Adding Drop-Off Drycleaning to Your Business
I own a self-service laundry and am interested in adding a drop-off drycleaning business. Can you give me any suggestions regarding things I might need to know and/or do before adding this to my current operation? First of all, you have to determine whether or not...Iowa Laundry Owners Get a Big Raise
“Is this heaven?” “It’s Iowa.” “Iowa? Could have sworn it was heaven…” – “Field of Dreams” (1989) While the specters of baseball players past may have confused Iowa for heaven in the movie, you wouldn’t blame...‘I Was Never Interested in Being Average’
An Interview with Tennessee Laundry Owner Kenneth Cherry Kenneth Cherry opened his first self-service laundry in 1959 in Livingston, Tenn., back when the industry was still in its infancy. Today, he owns three stores. Over the years, Mr. Cherry has always been a price...Considering Equipment Replacement?
Three Multi-Store Owners Share Their Advice Whether your store’s laundry equipment is 15 years old, 10 years old or was installed just a few years ago, upgrading to new, advanced machines can boost your bottom line while saving on utility costs and offering...Where Credit is Due
An Examination of Credit Card Acceptance, the Future of the Payment Industry – And What It Means for Your Laundry Business The credit card industry processed an estimated $4 trillion in the United States last year, according to Business Insider. To put that in...Vital Signs
Neglect Your Store’s Signage at Your Own Risk Because a laundromat is a self-service business, there is the tendency among some owners to have a “build-it-and-they-will-wash” attitude toward their stores. In other words, the focus is primarily on the...Are You a Person of Interest?
Become Someone with Whom Others Want to Do Business As an equipment distributor, I have met and interviewed quite a few laundry owners in my 30 years or so in the industry. Some of them are what I would describe as interesting people, while others… not so much....
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