Laundromat Franchises: Worthless or Worth it?

Laundromat franchises are gaining popularity fast in America but there isn't much information about them out there yet. That's about to change. Alex Smereczniak of Laundrolab joins us on the podcast this week to talk about the ins and outs of laundromat franchises.

Many wonder what value a franchisor brings to the laundromat business and Jordan asks him that outright. They talk through the good, the bad, and the ugly of the laundromat franchise model. They discuss who is a good fit for a franchise and who might not be a good fit. They even discuss how much a franchise location costs and what their model is.

But this episode isn't only for those who are interested in learning about franchises. Alex has experience running successful laundromats himself and has insights into successful franchisee businesses. And he shares those success tips with us on the show today, as well!

In addition, Alex is joining Jordan for a free live webinar/Q&A on all things franchising on Thursday, May 24, 2022. If it has already passed, you can view the replay of that webinar and all of the other webinars we've done by joining the Pro Community.

In today's show, Alex and Jordan discuss:

• How Alex grew a laundry service business 10x while in college
• How he would change the Washio/Rinse business models to make them more successful
• How he built a laundry pick-up and delivery service, 2ULaundry, to do 3,000lbs/day
• How he raised $400,000 to open a location in Raleigh
• What the value in a franchise is
• How you can grow your laundry pick-up and delivery business to 3,000lbs/day
• Finding one-to-many relationships
• The process of buying a franchise from start to finish
• What a franchise helps franchisees with
• What you get with a Laundrolab franchise
• Resource from outside the industry that can help you grow your business

And a lot more!

Show Notes
https://laundromatresource.com/show95

Show Sponsors

AtmosphereTV- 50+ channels of positive, fun TV programming, allowing you to cut your cable bill and create a great atmosphere in your laundromat! Get the registration fee waived by using this link!

https://atmosphere.tv/partner/laundromat-resource

Laundromat Resource Marketing- We know marketing and we know laundromats! Let us help you build your website and market your laundromat today!

https://laundromatresource.com/getonline

Resources

Free Live Webinar/Q&A on All Things Laundromat Franchises- https://laundromatresource.ck.page/0111776edb
Laundrolab Franchise- https://www.laundrolabfranchise.com/
Laundrolab- https://www.laundrolabusa.com/
Email Alex- alex@laundrolabusa.com
Call Alex- (651) 764-0342
Laundrolab Business Overview- https://laundromatresource.com/wp-content/uploads/2022/05/LaundroLab-Business-Overview-2022-1-1.pdf
Laundrolab FDD- https://laundromatresource.com/wp-content/uploads/2022/05/220422-LaundroLab-FDD-complete.pdf
Laundromat Owners Facebook Group- https://www.facebook.com/groups/laundromatowners
The Hustle Newsletter- https://thehustle.co/
Term Sheet Newsletter- https://fortune.com/newsletter/termsheet

Get Connected

Join Laundromat Resource- https://laundromatresource.com/join
Laundromat Marketplace- Buy and Sell Laundromats for Free- https://laundromatmarketplace.com
Diligence Capital Investments- https://diligencecapitalinvestments.com​
Laundromat Resource Events- https://laundromatresource.com/events
Laundromat Investor Resources- https://laundromatresource.com/resources
Laundromat Resource Forums- https://laundromatresource.com/forums
Laundromat Resource Blog- https://laundromatresource.com/blog​​​​​
Be a guest on the podcast!- https://laundromatresource.com/podcastguest​
Laundromat Resource Coaching- https://laundromatresource.com/coaching​​

AtmosphereTV: https://atmosphere.tv/partner/laundromat-resource

Youtube playlist links
Podcast:
https://www.youtube.com/playlist?list=PLR1wdJneFmrNn5PJiM-oOSvNQ4AU2g2XK
Business Mastery:
https://www.youtube.com/playlist?list=PLR1wdJneFmrMQ32HHIme1dqYcbohmciyq
Secret Sauce:
https://www.youtube.com/playlist?list=PLR1wdJneFmrN_xCpJPdb6riqg9XHQNa6Z
Pro Tips:
https://www.youtube.com/playlist?list=PLR1wdJneFmrPPqkIVeSodNBP1n_xL6h_u
Recommended Resources: https://www.youtube.com/playlist?list=PLR1wdJneFmrN-Ym16AnRKEsAammnPp6d2

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