Laundry Leases: Exercising Your Option to Renew
The most important asset of your self-service laundry business is your lease. Washers and dryers produce little income in storage or in a parking lot. As you probably know, coin laundry operators are repeatedly advised to enter into long-term lease arrangements,...Some Advice on Giving Advice
A member of the Coin Laundry Association recently called me regarding an adverse ruling in small claims court, which resulted in a $770 judgment against the laundry owner. Apparently, an attendant employed by the owner assisted a customer – at the customer’s...‘I’m Behind in My Rent! What’s Next?’
As the title character, Harold Hill, in the Broadway musical, “The Music Man,” observes, “Trouble! Right here in River City!” Substitute the name of your hamlet for River City and the message should be clear. In most states, a three-day notice...Can a Shareholder be Liable for Corporate Debt?
Although the personal liability of shareholders is generally limited to their investment in a corporation, there are circumstances under which corporate protection from personal liability can be set aside by the courts. The basis for setting aside such protection is...Can a Shareholder be Liable for Corporate Debt?
Although the personal liability of shareholders is generally limited to their investment in a corporation, there are circumstances under which corporate protection from personal liability can be set aside by the courts. The basis for setting aside such protection is...Before Heading to the Junkyard
In a recent California case, a coin laundry operator took possession of a closed location, which contained a number of washers approximately 20 years old and cannibalized for parts over time. In assuming possession of the location, the coin laundry operator installed...Before Heading to the Junkyard
In a recent California case, a coin laundry operator took possession of a closed location, which contained a number of washers approximately 20 years old and cannibalized for parts over time. In assuming possession of the location, the coin laundry operator installed...My Neighbors Tree Offends Me! Can I Get Out the Ax?
So your neighbor has trees. Large trees. Large trees with offending branches and roots. In fact, your local fire department is considering citing you because the branches of one of these offending trees are perilously close to your chimney. One day, you notice that...Don’t Forget to Lock Up
At approximately 5:00 a.m. on a day in August, a few years back, a female tenant was assaulted in her Inglewood, Calif., apartment by an unknown assailant who was later caught and identified. The culprit had apparently entered through a window in the dining area of...
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