by Bob Nieman | Dec 18, 2020 | Industry News
EVI Industries Inc., headquartered in Miami, has executed a definitive purchase agreement to acquire Eastern Laundry Systems, a laundry equipment distributor based in Taunton, Mass. This acquisition is consistent with EVI’s strategy “to build the largest and most...
by Bob Nieman | Dec 16, 2020 | Highlights, Industry News
The Coin Laundry Association recently welcomed two highly respected industry leaders to its Board of Directors for 2021. Those new directors are laundromat owner Yvette Morton Williams of Conyers, Ga., and distributor Alex Harris, president and CEO of Professional...
by Cary Lipman | Dec 16, 2020 | Featured Articles, Feature 1, Feature 2, Feature 3, Highlights
Should You Build a New Store or Buy an Existing One? After much time thinking about it, you’ve decided that 2021 will finally be your dream year – your time to become an independent owner of a vended laundry business. The question then becomes should you buy an...
by Bob Nieman | Dec 15, 2020 | Industry News
A group of business leaders has come together to establish Clean Ventures, the first venture capital fund dedicated solely to the laundry industry. The fund’s management team is led by Alex Weiss, founder and CEO of Clean Rite Centers, a laundromat chain that has...
by Bob Nieman | Dec 8, 2020 | Featured Articles, Feature 1, Feature 2, Feature 3, Highlights
Whether Buying an Existing Store, Building a New Facility or Just Trying to Maximize Your Current Laundromat, Don’t Neglect the Roof By definition, a roof with a hole in it is like devouring a Big Mac and a large order of fries right after your workout. It kind of...
by Stephen Bean | Dec 8, 2020 | The Business Mind, Highlights
Mastering the Uncertainties of Laundromat Ownership “Ninety-five percent of thought, emotion and learning occur in the unconscious mind without our awareness.” – Dr. Gerald Zautman, Professor Emeritus, Harvard University It’s a well-accepted fact that all business...
by Bob Nieman | Dec 8, 2020 | Industry News
Speed Queen recently launched a podcast called Laundromat Insights, which has been developed to educate and entertain both laundry industry veterans and newcomers, according to the company. The podcast will leverage industry experts and laundry owners to offer advice...
by PlanetLaundry | Dec 3, 2020 | Podcasts
In this episode you will hear our editor Bob Nieman interview Tim McNichols of LIG Solutions, the newest healthcare insurance program added to CLA Business Solutions. You can read the entire story, “Here’s To Your Health” in the December 2020 edition of the...
by Bob Nieman | Dec 2, 2020 | Featured Articles, Feature 1, Feature 2, Feature 3, Highlights
Working with a Broker to Buy or Sell Your Next Laundromat With some 30,000 laundromats in the United States – give or take – there are stores perpetually being bought and sold in nearly every market throughout the country. This is where a reputable laundry broker...
by Stephen Bean | Dec 1, 2020 | Highlights, The Business Mind
Knowing Your Audience is the Key to a Strong Advertising Message It’s a fact that many laundromat owners love to advertise. And it’s equally true that several of these operators, unfortunately, do so incorrectly – thus, spending large sums of money for very little...