EVI Reports Record Results for 2022
EVI Industries Inc. has reported record operating results for the fiscal fourth quarter and fiscal year, ended June 30, 2022. The fourth quarter financial highlights include: Revenue increased 28 percent to a record $83 million. Gross profit increased 36 percent to a...
HappyNest Expands PUD Service to Myrtle Beach
Laundry pickup-and-delivery service HappyNest has expanded its availability to Myrtle Beach, S.C., through new partner, Sam’s Laundromat. Based in Conway, Sam’s now provides HappyNest services to residents and businesses within the greater Myrtle Beach area. “Our...
Tips for Social Media Success
When it comes to social media marketing, businesses often face a difficult decision: what type of content should they post – be it on Facebook, Instagram or somewhere else? The answer isn’t always clear-cut, as different platforms have different audiences and...
Investor to Bring LaundroLab Concept to Nashville Market
Michael Meade is a CPA and real estate investor in Nashville – and now also a laundromat owner. Meade is currently working with laundromat franchise LaundroLab to solidify plans to purchase space for his first LaundroLab location. He initially identified LaundroLab...Eastern Funding Promotes Robles to President
Eastern Funding, LLC has named Nancy Robles the company’s new president. She previously served as Eastern’s chief operating officer. “Nancy has distinguished herself in holding our teams accountable for performance,” said Eastern Funding CEO Michael Fanger. “She has...Aaxon Honors Industry Veteran Luis Bello
Aaxon Laundry Systems recently recognized route collector Luis Bello for 25 years with the company. Bello, who joined Aaxon in 1997, was honored for his vast technical knowledge, dedication and hard work. “I have worked with Luis Bello since the day I joined the...EVI Completes Two Distributor Acquisitions
EVI Industries Inc. has completed the previously announced acquisitions of K&B Laundry Service LLC, Roanoke Rapids, N.C., and Aldrich Clean-Tech Equipment Corp., Worcester, Mass. K&B is a provider of installation and maintenance services to the industrial and...
Oxwash Raises Nearly $12 Million for On-Demand Laundry Service
Oxwash, a U.K.-based on-demand laundry startup, has raised £10 million (or approximately $11.5 million USD) from backers, including a Twitter co-founder. Founded by Kyle Grant, a former NASA scientist, and Tom de Wilton, Oxwash reported that it is developing a more...
The Best of Both Worlds
With a Few Equipment Tweaks, California Laundromat Owners Expand Their Business – Catering to Self-Service and Full-Service Clients Alike Shortly after purchasing an existing laundromat near Palm Springs, Calif., Keith and Jacqueline Reed decided to make a few...
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