EVI Industries to Acquire Eastern Laundry Systems

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...
The Psychology of Risk

The Psychology of Risk

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...

Speed Queen Launches Podcast

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...
Go for ‘Broker’

Go for ‘Broker’

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...
Stay on Target

Stay on Target

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...