by Editor | Oct 28, 2020 | Industry News
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,...
by Editor | Oct 28, 2020 | Highlights, Industry News
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...
by Editor | Oct 23, 2020 | Industry News
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...
by Editor | Oct 21, 2020 | Highlights, Industry News
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...
by Editor | Oct 21, 2020 | Industry News
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...
by Editor | Oct 13, 2020 | Highlights, Industry News
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...