Laundry Money

Are you looking for a business investment that's easy to start, flexible, and cash-generating? Opening a laundromat is for you. Welcome to Laundry Money, your place to hear the ins and outs of every step of the design, construction, and operation of your laundry business. In Episode 1, Howard Shear and Rex Anderson from Lakeside Laundry Equipment explain why you should start a laundromat business and take you through what to expect in this podcast with the help of Host and Producer Max Branstetter. Bring your laundromat business to life by visiting LakesideLaundry.com/Podcast and filling out the form 

What are the first steps you need to take to start your laundromat business? In Episode 2, Howard Shear and Rex Anderson from Lakeside Laundry Equipment explain how to build your laundromat, what are the key indicators to look for, and what to avoid. Learn how to pick a location, the insight you get from demographic studies and traffic analysis, how to know you’re getting realistic estimates, what makes a great laundromat business partner, and what you need to bring to the table financially. Bring your laundromat business to life by visiting LakesideLaundry.com/Podcast and filling out the form

How much profit can you expect from your laundromat business? In Episode 3, Howard Shear and Rex Anderson from Lakeside Laundry Equipment discuss ROI, key market drivers, economic impact, and additional income opportunities. Learn what ROI you can expect from a laundromat business, when you should expect to see a return, what external economic conditions can impact your ROI, what auxiliary income opportunities you have, and how you can maximize the profit of your laundromat. Bring your laundromat business to life by visiting LakesideLaundry.com/Podcast and filling out the form

How much does it cost to start a laundromat business? In Episode 4, Howard Shear and Rex Anderson from Lakeside Laundry Equipment explain the upfront costs, construction needs, lender costs, and equipment needs of your business. Learn the upfront costs to consider before signing your lease, the cost of starting a laundromat business, unexpected costs that may come up, the lender costs you need to keep in mind, and what equipment you need. Bring your laundromat business to life by visiting LakesideLaundry.com/Podcast and filling out the form

What are the other costs of starting a laundromat business? In Episode 5, Howard Shear and Rex Anderson from Lakeside Laundry Equipment take you through time commitment, overhead costs, and attended stores vs. unattended stores. Learn how much time you should spend on your laundromat business, how much can be automated, what overhead costs you should expect, whether to go with an attended or unattended store, and the important service costs to keep in mind. Bring your laundromat business to life by visiting LakesideLaundry.com/Podcast and filling out the form

How do you maximize cash flow in your laundromat business? In Episode 6, Howard Shear and Rex Anderson from Lakeside Laundry Equipment detail traffic expectations, maximizing cash flow, and accountability. Learn how much traffic your store can handle, how to maximize cash flow, why accountability is important, why you should have a partner in the laundromat business, and the 4 Fingers of Cash Flow. Bring your laundromat business to life by visiting LakesideLaundry.com/Podcast and filling out the form

So why should you start a laundromat business? In the Season 1 finale of Laundry Money, Howard Shear and Rex Anderson from Lakeside Laundry Equipment recap the first season and discuss what's next with the help of Host and Producer Max Branstetter. Learn how to start your laundromat business, how profitable it can be, how much it costs, costs beyond washers and dryers, and what you can do to maximize cash flow. Bring your laundromat business to life by visiting LakesideLaundry.com/Podcast and filling out the form