On the Money
An Overview of the SBA’s 504 Loan Program The Small Business Administration’s 504 Loan program is a powerful economic development program that offers small businesses, such as laundromats, another avenue for business financing, while promoting business growth and job...
Enthusiasm for Our ‘Essential’ Industry
The laundromat business has proven itself to be recession-resistant, pandemic-resistant – and, yes, “essential.” As a result, the industry is growing at a rate at which I’ve never seen before. People are fleeing corporate America to build or buy laundromats. Current...
The New Investors
As Interest in the Laundromat Industry Grows, Who’s Getting into the Business… and Why? Melody Fanto has never been afraid of hard work. She has been a registered dental hygienist in Long Island, N.Y., for 30 years. In addition, she previously owned an auto repair...
Keep Your Customers Coming Back for More…
…Or Why You Should Eat Pizza with a Knife and Fork I recently popped open a very good bottle of Cabernet Sauvignon, and poured myself a glass. That first sip was amazing. The flavor was beyond overwhelming. Unfortunately, a few minutes and a few sips later, I hardly...
Wash with Wally: Installing an ATM
I just got into the laundromat business, and I’m considering installing an ATM in my store. My question is whether I’m better off buying a machine outright and installing it myself, or having an outside vendor own and install the ATM, with some type of commission...
CLA Business Solutions
CLA is working with select service providers to offer programs and services to help you with your business operations
New Laundromat Entrepreneur
Get this free guide to the laundry industry that will help you navigate your start-up. This is the definitive handbook from the CLA for potential investors interested in purchasing or building a laundromat.