Report: Many Americans Moving Out of Urban Counties
More than two-thirds of large urban counties saw their populations decline in 2021, according to a recent report by the Economic Innovation Group, using federal statistics. This marked the first time in 50 years that counties with an urban center and more than 250,000...
Are You ‘Socially’ Awkward?
You Don’t Need to Be a Social Media Guru to Grow Your Laundry Business Online Over the years, I learned to accept that I simply can’t keep up with everything that’s happening these days in the social media and online marketing world. When it comes to search engine...Panaram Named 2021 GNA Business Partner of the Year
Panaram International Trading Co., based in Bellville, N.J., recently received the 2021 GNA Business Partner of the Year Award for superior sales and service performance within the car wash industry. Founded by Ira A. Feinberg in 1971 and now headed by his daughter,...EVI Industries to Acquire Clean Designs, Clean Route
EVI Industries Inc. – headquartered in Miami – recently executed a definitive agreement to acquire Clean Designs Inc. and Clean Route LLC, based in Lakewood, Colo. Known collectively as Clean Designs, the company is a distributor of commercial laundry products serving...
Not Your Father’s Laundromat Buildout
When it comes to building a new laundromat these days, it’s a whole different ballgame that it was 35, 25 or even 15 years ago. I can remember when all I needed was a clean, hand-drawn, to-scale plan with an architect’s stamp – and I could get a building permit within...
LaundroLab Partners with Brokerage
LaundroLab has teamed up with Legacy Partners, a brokerage based in Charlotte, N.C., to help elevate the franchise’s real estate strategy and accelerate growth. “Before we even thought about franchising LaundroLab, we knew we had to work with the best brokers...
White House Expands SBA Program Targeting Underserved Entrepreneurs
Vice President Kamala Harris and Isabel Guzman, administrator of the U.S. Small Business Administration, recently announced reforms to the agency’s Community Advantage loan program, a key SBA tool for Community Development Financial Institutions, Community Development...
Currency Redesign on Schedule, Yet Still Years Away
The Bureau of Engraving and Printing has reported that the upcoming currency redesign process – including the new $20 notes to feature a likeness of Harriet Tubman – is on schedule. In 2013, the Advanced Counterfeit Deterrence Steering Committee indicated that the $10...
Laundry Capital Unveils Mural Memorializing Fire Victims
Laundry Capital Co. LLC recently hosted a memorial event at Clean Rite Center in the Bronx, N.Y., to remember the victims of a recent apartment fire in the neighborhood. On January 9, at Site 4 of Twin Parks North West – a 19-story public housing building in the Bronx...
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