Philip Kodroff
Laundromart
Hollywood, Fla.
Before Getting into the Laundry Business…
- Kodroff was a corporate executive in the fashion industry.
Store Opening
- April 20, 2016
Business Hours
- 24 hours a day. The laundry is open every day, except for Christmas Day.
Staff
- Three full-time attendants and four part-time employees
Total Square Footage
- 6,162 square feet
Parking Availability
- There are 35 parking spaces in a private lot. The store has two entrances – one from the rear parking area and one from the side parking area.
Lease or Own?
- Kodroff leases his store’s location. The lease agreement is for 10 years, with three five-year options.
The Building
- The store was originally a Sizzler steakhouse, which was turned into a self-service laundry by a previous owner. However, the facility eventually devolved into a rundown laundromat. At this point, Aaxon Laundry Systems, over the course of eight months, designed and rebuilt the store into a modern, upscale vended laundry.
- Today, Laundromart features a bright, comfortable décor – with a separate lounge area that includes a number of table-and-chair seating units; 60-inch televisions; vended food, snacks and beverages; and video/arcade games.
Turns Per Day
- 3.5 – with that number steadily increasing since the laundry’s grand opening last September.
Utility Costs
- Utility costs represent 23 percent of the laundry’s gross sales.
Marketplace Demographics
- The laundry is located in a strong rental area, with mid- to low-income residents.
Competition
- There are four other vended laundry competitors in the marketplace.
Payment Options
- Laundromart is a smartcard-operated store, which accepts credit/debit cards, EBT cards and cash to load the smartcard.
Washers and Dryers
- 10 Huebsch Horizon 20-pound frontloaders, $1.95
- 10 Huebsch Galaxy 20-pound frontloaders, $2.75
- 10 Huebsch Galaxy 30-pound frontloaders, $3.75
- 10 Huebsch Galaxy 40-pound frontloaders, $4.75
- 7 Huebsch Galaxy 60-pound frontloaders, $5.75
- 2 Huebsch Galaxy 80-pound frontloaders, $7.75
- 40 Huebsch 30-pound stack dryers, 25 cents for eight minutes
- 8 Huebsch 45-pound stack dryers, 25 cents for six minutes
- 2 Huebsch 75 pound dryers, 50 cents for eight minutes
Water Heating System
- 3 Takagi instant hot water heaters
Card System
- ESD card system
Laundry Carts
- 20 R&B Wire Products laundry carts
Folding Tables
- 10 Solomatic six-foot folding tables
Flooring
- Wood-plank-style porcelain tiles
Lighting
- LED lighting
Soap Vending
- 1 Vend-Rite Manufacturing upright, glass display window, card-operated detergent vending machine, prices range from 75 cents to $7.50
Beverage Vending
- 2 rented beverage vending machines, prices range from $1.00 to $2.00
Snack Vending
- 2 rented snack vending machines – one includes dry snacks, and the other has ice cream
Televisions
- 4 60-inch televisions
Arcade/Video Games
- 1 Pac-Man video game
- 1 Prize Cube redemption game
- 1 Star Wars video game
Children’s Play Area
- The laundry features a 1,150-square-foot area located at the rear of the store with comfortable tables and chairs, arcade games and snack machines.
Additional Amenities
• Free Wi-Fi access
• In-store music streaming
• Outdoor seating
Wash-Dry-Fold Service
- The store’s Regular Service is 99 cents per pound, and the Premium Service – which includes ironing – is $1.50 per pound. Both services require a 10-pound minimum. The per-piece service has a five-item minimum.
Drop-Off Drycleaning Service
- Prices range from $1.89 to $9.99, depending on types of items.
Distributor
Aaxon Laundry Systems
Fort Lauderdale, Fla.
(954) 772-7100
Project Consultant
Arthur Lapon
