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The most important asset of your self-service laundry business is your lease. Washers and dryers produce little income in storage or in a parking lot. As you probably know, coin laundry operators are repeatedly advised to enter into long-term lease arrangements,...

A laundry owner located near a state university recently posed an interesting legal question. It seems that the school has begun offering "free laundry" to students residing in its dormitories. And, in fact, this appears to be somewhat of a trend, as an increasing...

Although the personal liability of shareholders is generally limited to their investment in a corporation, there are circumstances under which corporate protection from personal liability can be set aside by the courts. The basis for setting aside such protection is...

Originally posted - Jun 27, 2013 Some of today's self-service laundry owners are multi-store operators who have studied and learned the real estate business thanks to a series of building purchases and retail storefront leases over the years. Others are real estate...

Originally posted - May 01, 2013 The protection of the sales tax exemption for self-service laundries has been the Coin Laundry Association's leading legislative priority for more than 30 years. It's an issue the organization continually monitors – and, therefore,...

Originally posted - Dec 21, 2012 Looking for a great way to increase your revenue? Have your store open when it's convenient for your customers. Let's assume you're doing everything else right to please your customers. You have the right equipment mix. You provide...

Originally posted - Apr 23, 2013 Are you looking to save money? Attract more customers? Grow your market share? If you're a self-service laundry owner, you're no doubt always looking for new ideas. Ideas provide the fuel for you to create value and build success....

Originally posted - Apr 23, 2013 Are you looking to save money? Attract more customers? Grow your market share? If you're a self-service laundry owner, you're no doubt always looking for new ideas. Ideas provide the fuel for you to create value and build success....

Originally posted - Jun 10, 2013 For the last 20 years, multi-store owner Bob Meuschke has averaged an additional 17 percent to 20 percent over and above his gross laundry sales, thanks to his operation's ancillary profit centers. "I am very much pro-ancillary profit...

Originally posted - Jun 10, 2013 For the last 20 years, multi-store owner Bob Meuschke has averaged an additional 17 percent to 20 percent over and above his gross laundry sales, thanks to his operation's ancillary profit centers. "I am very much pro-ancillary profit...

Originally posted - Mar 11, 2013 As a self-service laundry owner, you're no doubt always looking for new ways to bring in more business, to grow your market and to increase your profits. Of course, a great way to boost profits is by cutting expenses. After all, even...

Originally posted - Jan 25, 2013 George Morgan has seen it before. "A lot of people fall in love with the idea of being a laundry owner," said the president of Best Laundry Brokers, headquartered in Grass Valley, Calif. "They get so enamored with this feeling. They...

Originally posted - Mar 11, 2013 As a self-service laundry owner, you're no doubt always looking for new ways to bring in more business, to grow your market and to increase your profits. Of course, a great way to boost profits is by cutting expenses. After all, even...