Weathering the Storm
Three Laundromat Owners Who Have Adapted – And Continue to Thrive – During the COVID-19 Pandemic Although the COVID-19 shutdown in March left many businesses out in the cold, laundromats – deemed as providing essential services – motored on, adapted to the changes and...GNA Salutes Long-Time Staffers
Girbau North America recently recognized more than a dozen employees who have accrued 10 to 25 years of service to the company. “The fact that our employees continue to find our company a favorable career choice lends itself to the idea that our work environment,...WaveMAX Announces 100th Development Deal
Laundromat franchise WaveMAX Laundry recently announced its 100th development agreement. In addition, the company plans to have more than 50 WaveMAX facilities up and running by 2022. Recent agreements have been signed to bring the brand to New Orleans and Houston,...
Daniels Equipment Hosts ‘Hybrid’ Profit Symposium
Laundromat owners from six New England states recently attended the first hybrid Daniels Equipment Co. Inc. Profit Symposium: Next Steps Together. The event, which focused on laundry sanitization and disinfection, blended online presentations and panel discussions...Coin-O-Matic to Hold Bonus Depreciation Webinar, Announces Financing Offer
Coin-O-Matic, based in Alsip, Ill., is teaming up with Tony Fremarek, the owner and founder of A Fractional CFO, to present a webinar on bonus depreciation at 10:00 a.m. on October 29. Bonus depreciation is a tax incentive that enables laundromat owners to deduct up...
Marking a Milestone
PlanetLaundry Celebrates 30 Years of Industry Service The inaugural issue of the Coin Laundry Association’s official publication hit laundry owners’ mailboxes for the very first time in October 1990. That’s right – exactly 30 years ago. Back then, the magazine was...
Delaware Store Owners Receive Large Investment Rebate
Delaware Gov. John Carney, Delaware State Housing Authority Director Anas Ben Addi, local legislators, town officials and members of the business community recently celebrated the grand opening of Splash Laundromat – and presented owners Enrique and Veronica Nunez...EVI Industries to Acquire Yankee Equipment Systems
EVI Industries Inc., headquartered in Miami, has executed a definitive merger agreement to acquire commercial laundry distributor Yankee Equipment Systems Inc., based in Barrington, N.H., for $13.5 million, to be paid in a combination of cash and EVI common stock. The...
Lawmakers Introduce Coin Composition Legislation
U.S. Senators Mike Enzi (R-Wyo.) and Maggie Hassan (D-N.H.) have introduced bipartisan legislation to allow the U.S. Mint to adjust the metal content of circulating coins in an effort to save taxpayer dollars. The Mint estimates that, by adjusting the metal content of...
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