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Are you an "Entrepreneurial Nerd" or even just a passionate small business person trying to learn the ropes? If so, this show may be perfect for you. On the Laundromat Millionaire Show, we discuss everything Business, the good, bad and ugly lessons that we've learned. Things we've learned from our success and also from our failure and the growth that occurs when we truly seek it out! Episodes feature Co-host and published Author, Dave "Laundromat Millionaire" Menz along with his wife and sid ...
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Whether buying or building, laundromats are a big investment! Luckily, there are many options out there to help you finance that investment and start you on your entrepreneurial journey into the laundry industry! Referenced Links: Our Sponsor: H-M Company Drain Troughs: https://www.draintroughs.com Our Website: https://www.laundromatmillionaire.com…
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Tired of lint and dust covering everything inside and outside of your stores? Finally, a revolutionary product for the laundry industry to combat the never-ending problem of lint! Craig Madson, VP of Marketing and Innovation at Alliance Laundry Systems, joins the Laundromat Millionaire Show to share with Dave & Carla their newest innovation - ProCa…
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Dave does NOT hate commercial accounts! We just need to redefine how the industry refers to the various types of laundry delivery customers. In this episode of The Laundromat Millionaire Show, Dave & Carla discuss the 4 types of delivery customers and how to bid those accounts for both growth and profits. Referenced Links: Our Sponsor: H-M Company …
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Just building an amazing laundromat isn't enough to create a successful business and Drew Boggs learned this the hard way. After a failed partnership, he was left with a chain of 4 floundering laundry businesses. With the help of his daughter, Leah and her ambitious dive into the industry, they've been able to turn these businesses around. Learn ho…
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Everyone's talking about AI, but how can we use it to better reach and serve our customers? Brett Lyon, CEO of LaundroBoost and Courtney Farrell, COO, join us to talk about how business owners in the laundry industry or any industry can take advantage of AI platforms and even cut down on customer service time and costs. Learn about new product offe…
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Laundromats are more than just a room of machines that wash and dry clothes! As more pop up in communities all across the world, what will make customers want to choose yours? In this episode of The Laundromat Millionaire Show, Dave & Carla share their tips for elevating the customer experience in your store - it could be the difference in whether …
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When adding Wash-Dry-Fold & Delivery to your laundromat, how do you know when you've outgrown your facility? What can you do to avoid affecting your self-serve customers? For Ayad Mirjan, his answer was simple, expand across the street! In this interview with Dave & Carla Menz, learn how Ayad expanded his delivery brand OrangeBag by adding a separa…
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There are many successful ways to run a laundromat, but can they run themselves? Is it really possible to be open 24-hours and completely unattended? Lara Freeland, owner of Pelican Laundromat in Marrero, Louisiana shares her tips for making this model possible. Listen as Dave and Carla Menz interview Lara in this episode of The Laundromat Milliona…
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What do you really want from your business? In this episode of The Laundromat Millionaire Show sponsored by H-M Company at draintroughs.com, Dave and Carla interview Mike Finger of Exit Oasis as he reveals the 3 questions every business owner must ask themselves about their business. Avoiding these questions and the necessary pivots they may requir…
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First StarchUp, then LaundroWorks, what's next for Cents? In this episode of The Laundromat Millionaire Show, Dave & Carla interview Alex Jekowsky, CEO & Co-founder of Cents, to discuss the evolution of technology in the laundromat industry, the mistakes Cents has made along the way and their plans for the future. Referenced Links: Cents Website: h…
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As insurance premiums continue to rise, are you sure your business is even covered? Are you paying for coverage you don't even need? Are items missing from your policy that could cause you devastating losses? Larry Trapani & Joel Blitzer of The Laundromat Millionaire Insurance Program join Dave & Carla on this episode of The Laundromat Millionaire …
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If your laundromat is so busy people are turning away, does that mean it's time to expand? Do you need more space and more equipment or is there another solution? When is the right time to invest in more equipment or even another location? Listen as Horace Lewis shares his laundromat journey with Dave & Carla Menz and they discuss this often debate…
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Is that "Free Laundromat" really free? Yannick Tuwamo, owner of The Soapbox Global Laundry in Columbus, Ohio shares his journey into purchasing his first laundromat, the challenges and his advice for others looking to enter the laundry industry. Follow along in this interview with Dave & Carla Menz on The Laundromat Millionaire Show, pull out the "…
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"If we don't get on board, we're going to be left behind!" Jordan Berry, from the Laundromat Resource, joins Dave & Carla Menz to discuss the current trends in the laundry industry, the threats we need to prepare ourselves for, and a call to action for all laundromat owners to help each other succeed. Also, learn the reasons behind Jordan's recent …
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Interested in FREE Entertainment for your customers?? Looking for another way to differentiate your business from the competition?? Scott Janney, Co-Founder and CEO of Magazine Jukebox shares the story behind his innovative new product and Dave & Carla share its impact after months of use in their stores. Learn about the free option or for a small …
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Interested in Laundry Delivery, but not sure about the Logistics Options? Already doing Delivery and want to Increase your Profit Margin? In this episode with Dave & Carla Menz, they explore the different Logistical Models for Delivery and help you navigate which is the best for you. Additionally they share tips for creating a model the customers w…
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Does your head hurt just thinking about payroll?? Taxes, social security, worker's comp, unemployment insurance, OSHA, the FLSA, & more to keep track of makes outsourcing payroll a must for business owners! In this episode of The Laundromat Millionaire Show, Dave & Carla Menz interview Justis Mullins, Small Business Sales Manager of ADP Services, t…
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How can you expand your chain of laundromats and keep it simple to manage?? Learn how Branden Unnerstall, owner of 16 laundromats in St Louis, Missouri, has done just that! In this episode of The Laundromat Millionaire Show Dave, Carla & Brandon discuss how to scale, the hiring for customer service, developing a brand, the impact of their Christian…
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Looking for ways to increase self-serve revenue while also cutting costs for laundry drop-off and delivery services? Listen and learn from Patrick Kelley of Hydro Perfect Pour about the new service Dave & Carla are installing in their newest laundromat. Patrick shares how it works, how it's different from other systems, and how it can not only add …
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We pride ourselves on offering outstanding customer service and so can you! Learn our methods for keeping it easy, affordable, and high-quality. We share with you the tools we use, how they work, what they cost and the policies we implement to maintain that high customer satisfaction and retention. This episode is perfect for not only any laundroma…
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Want to buy a laundromat but nervous of the risk? Follow along as Jason Worme details how he analyzes a potential location to mediate risk and determine an offer that will guarantee a successful profit margin. In this interview with Dave & Carla Menz, Jason shares his story of coming to America and how he continues to grow a successful laundromat b…
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From creating The Folde, selling to 2ULaundry, and becoming a CLA Board Member, Mark Vlaskamp has had a busy few years! Listen as he shares his story and the event he is currently excited about that is a necessity for anyone interested in drop-off laundry or delivery services. Be sure to stay tuned as Dave & Carla reveal a special coupon code for $…
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Franchises...Corporate Stores...Equipment Distributors...Supply Chain Breakdown...Technological Advancements...the Future of the Industry?? Yes, we hit all the hot topics in this candid interview with one of the top CEO's in the Laundry Industry, Mike Schoeb of Alliance Laundry Systems! Referenced Links: Our Guest’s Website: https://alliancelaundry…
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Want to create a buzz in your community that brings customers flocking to your store? Whether it's a grand opening or your 20 year anniversary, it's still a great time to plan a Free Wash Event for your customers! Follow along as Dave & Carla detail how they set up their Anniversary event, why they did it, the costs associated with it and the feedb…
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Are you looking to get into the laundry industry or already in and want to grow? This episode of The Laundromat Millionaire Show is full of advice on hot topics such as whether to retool or build new, which equipment to buy, want to negotiate in your lease, how big should your laundromat be, which payment system is right for you, how to scale a pic…
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Laundromats are often a great investment, but IS THAT ONE? Follow along as Dave & Carla Menz dive in deep on this topic with laundromat owner and business broker, Claudio Vilas. Learn from his wins and his mistakes as they discuss what makes a laundromat a good or bad investment, whether it's right for you, and how much you should pay. For those lo…
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Are You Making a Profit on Your WDF Service? How much? Follow along as Dave & Carla Menz explain how to calculate your costs for a pound of laundry processed, share their actual costs, and teach you how to determine what you should be charging in your market. Grab that notepad and a calculator, you're definitely going to want to take some notes on …
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Learn tips for successfully marketing your laundry business with former professional hockey player turned marketing wizard, Brett Lyon. Stay tuned for a special announcement and offer as Dave, Carla & Brett reveal what they've been working on together and how it can impact your business! Referenced Links: • Dave’s Coaching & Workshops: www.laundrom…
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Thinking about retooling or building a laundromat? This is an episode you won't want to miss! Brian Harrington, construction contractor turned laundromat owner shares his advice on construction, layout, throughput, and financing. Follow along as Dave & Carla Menz share their insight on these topics as well. Referenced Links: • Dave’s Coaching & Wor…
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Whether it's examining the competitive analysis and demographics around a white box location or the total valuation of an existing laundromat, Stephen Gramaglia has the experience and advice you need. As former COO of laundromat financing giant, Eastern Funding and now an owner of multiple laundromats himself, Stephen shares his journey and his exp…
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Tim's 1st laundromat lost $70k, until he took the advice of an old friend. Could these changes turn your store around too? Listen as Tim & Dustin Gill of Jacksonville, FL and Atlanta, GA share this father-son story of entering the laundromat industry. As they discuss their journey from 1 to 4 stores with Dave & Carla Menz, they share the advice the…
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Is staffing your laundromat an issue? Trouble finding reliable employees? We've been there! But, after years of trial and error, we now have an AMAZING team and a pretty good system for finding new team members. Listen as Dave & Carla Menz share the tricks they've found to keeping your laundromat well-staffed and always open for business! Reference…
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He works a full-time job, owns 2 gyms, 4 laundromats, and still has time for his family! How does he do it?? Follow along as Matt Hylton shares with Dave & Carla, his secrets for managing multiple laundromats more efficiently. Also, as a hands-on owner who does repairs himself, he reveals the difference between various washing machine types to help…
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It's one of the hottest topics in the Laundry Industry - Laundry Pick-Up & Delivery! But why do so many struggle to make a profit doing it? Follow along as Dave & Carla Menz outline what they believe are the Top 10 Reasons other laundromat owners have struggled to find success in this market. This is one countdown you won't want to miss!Referenced …
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After several months of work to make it happen, we are finally revealing what we have been up to - an amazing Community built just for laundromat owners! Follow along as we give you a guided tour and stay til the end for a limited offer!Referenced Links:•Dave’s Coaching: www.laundromatmillionaire.com/coaching•H-M Company Drain Troughs: https://drai…
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Dave is famous for saying, "You need to raise your prices!", but do you? If so, by how much and how do you do it without chasing off too many customers?? Learn this & more as Dave & Carla Menz discuss the answers to these questions and help you determine the value proposition and pricing strategy that best fits your self-serve laundromat.Referenced…
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The call every laundromat owner dreads; BUT it's completely AVOIDABLE! Follow along as Dave & Carla discuss drainage systems, what's ideal and what to do if yours isn't. With over a decade in the industry and experience with various types of systems, this is some advice laundromat owners won't want to miss!Referenced Links: •Dave’s Coaching: www.la…
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Social Media shows countless videos of collecting the coins and cash from owning a laundromat, but is a laundromat really a "cash cow"?? Is it really a passive business? Listen as Dave and Carla Menz discuss this idea and how they have become passive owners in their laundromat business.Referenced Links:• Dave’s Coaching: www.laundromatmillionaire.c…
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Is it better to buy the building or just lease the space for your business? Raphael Collazo, a published author, speaker, performance coach and commercial real estate agent shares his advice on how to make the best choice for your business. Listen as Dave & Carla Menz also question him on what to look out for before you sign that lease or buy that …
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How do you determine the price of a Wash-Dry-Fold or a Pick Up & Delivery Laundry order? What's best for your business? What's best for your customers? Listen as we discuss all this & more in this episode of the Laundromat Millionaire Show with Dave & Carla Menz.Referenced Links:• Dave’s Coaching: www.laundromatmillionaire.com/coaching• H-M Company…
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Critical to your laundromat's success, but so often overlooked - lease negotiation strategies! Listen as Dave & Carla Menz discuss the critical elements to include in your lease, the often forgotten "extras", and the strategies behind creating a win-win for both your business and your landlord's!Referenced Links:•Dave’s Coaching: www.laundromatmill…
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How do you get in the Laundromat Industry the RIGHT Way?? Steve Burk might be a new laundromat owner, but he is well on his way to tremendous success! Listen as he shares his story with Dave & Carla Menz on the steps he has taken, what he's learned to do differently with the next one, and what he sees as his best decisions along the way. Referenced…
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After adding a Laundry Pick-Up & Delivery Service to their already successful chain of laundromats in 2016, Dave and Carla Menz were able to take their business to the next level! Listen as Dave & Carla share the secrets behind their success in Pick-Up & Delivery, the 4 areas to focus on, and the economics behind how to achieve an impressive profit…
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Laundromat renovations are expensive, but what if you could make changes to your laundromat that would actually pay for themselves?? Listen as Dave & Carla Menz interview Matt Zinicola, owner of Liberty Laundromat in Peterborough, NH about the improvements he's made to his laundromat and the resulting increase in profits. You may just be surprised …
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Live from The 2022 CLEAN Show, Dave and Carla Menz interview two industry leaders - Michael Fanger & Brian Grell, the founders of Eastern Funding, a premier financer for laundry businesses. Learn how they started the company 25 years ago and what they see for the future of our industry.Referenced Links:• H-M Company Drain Troughs: https://draintrou…
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Don't make the same expensive mistakes many others do when buying a laundromat! Listen as Dave & Carla Menz reveal the (often-overlooked) essentials to have under your belt before you buy. Also, stay tuned for a mid-episode reveal of a new program custom designed for you!Referenced Links:For more information on the New Owners Program: www.laundroma…
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Too many times the "Payment System Discussion" is limited to only "Coins or Cards". Let's think outside of the box! There are cheaper options that will still increase both owner and customer convenience. Listen as Dave shares his guidelines for when to switch from Quarter to Dollars and even to Hybrid and Card Only Payment Systems.Referenced Links:…
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What is Traditional vs Typical Financial Planning? What is Infinite Banking and Is It For Me? Find the answers to these and many other questions in this in-depth interview by Dave "Laundromat Millionaire" Menz and his wife, Carla with the powerful minds behind The Money Advantage - Rachel Marshall & Bruce Wehner.Referenced Links:H-M Company Drain T…
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Do you want to create a chain of businesses? If so, this is the episode for you! Listen as Dave "Laundromat Millionaire" Menz and his wife, Carla discuss how he did this with Matt Andrade of the EZ Clean Laundry Centers in Taunton, Massachusetts. Matt may have grown up in the laundromat business, but it wasn't until he joined that business that it …
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