by Karl Hinrichs | Apr 22, 2022 | Highlights, Viewpoint
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...
by Bob Nieman | Apr 22, 2022 | Highlights, Industry News
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...
by Bob Nieman | Apr 21, 2022 | Highlights, Industry News
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...
by Bob Nieman | Apr 21, 2022 | Highlights, Industry News
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...
by Bob Nieman | Apr 20, 2022 | Highlights, Industry News
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...
by Cary Lipman | Apr 16, 2022 | Featured Articles, Feature 1, Feature 2, Feature 3, Highlights
It’s Time to Refresh, Refurbish and Possibly Retool Your Laundry Business Yes, it’s that time of year again – time to clean out and organize the garage, straighten up the attic, go through all of the rooms in your house, and discard or donate any items you haven’t...