Have I told you how much my customers love Atmoshere TV? All 4 stores play Happy TV, so much better than the old cable shows that we used to have. The bigger the TV the better it is.
What are good demographic reports? I’d love to be able to see how my prospective business is performing relative to the demographic analytical estimate
can you do a podcast on how to hedge against utility price increases? Utility prices are going up a lot and I don't know how to hedge that. there is only so much you can raise the vending price.
Not the best, per se. But it can be a great option. It depends on a lot of factors like how much capital you have, what terms you can negotiate, how easy traditional financing is to get at the time you’re ready to borrow, etc
I joined atmosphere tv and used the code but was still charged 99.00. Going to check it out but it didn't work for me. Hope the TV is good, like listening to this. Have a laundromat for 4 years so far.
It’s a performance metric used in the industry that mean the average number of times each machine is used per day. So 3 turns per day means each machine is used on average 3 times per day
Dryers require air to be effective and if they can't suck in enough air it takes longer and costs more to dry clothes. The make-up air is the air that replaces the air that dryers suck in to do their thing
@@LaundromatResource thank you so much for the quick response .Your videos have been so helpful in learning about this industry and type of business. I have spent hours watching your content so far . Every video has numerous nuggets of knowledge , wisdom, understanding . I will be a small business owner of a laundromat in the next 1-3 years max . Much appreciation brother
I don't know exactly which part talked about calculating the radius but generally 1 mile is used. Less if it's very densely populated with other laundromats nearby, more if it's more sparsely populated. Hopefully that's a little helpful...
@@LaundromatResource ah thats great to hear kinda expected also good to hear they are running fine thank you so much for your response i subbed and making notes of all your valueable information thank you for everything 🙏🏼👌🏼 best wishes for the new year lets crush goals😎
One of your best episodes ever. Thank you!
Andrew is awesome! Speaking of awesome, it was awesome to finally meet you in person at the Scottsdale meetup!
This podcast feels like a 100+ episodes coursework❤
well done!
Andrew is the BEST! looking to buy my first laundromat in SoCal. Going to use Andrew for sure.
Fantastic interview! Loads of priceless information! Thanks!!
Awesome stuff...THANK YOU!!!!!
Each of your episodes with Andrew Cunningham are my favourite, hands down.
$75 nail salon 🤣 I wish.
Have I told you how much my customers love Atmoshere TV? All 4 stores play Happy TV, so much better than the old cable shows that we used to have. The bigger the TV the better it is.
Awesome to hear that! Mine love it too!
Do I need to do water analysis for a card system laundromat?
How do you figure the value and, or the Rio when you are buying the real estate was well?
what's the demographic resource website?
I understand how important leases are.....
The couple that I've seen are selling with real estate. Can you do a video on that?
Can't find the link on the demographics report
me either
What are good demographic reports? I’d love to be able to see how my prospective business is performing relative to the demographic analytical estimate
I’m not understanding the math, for example if you average 10k people and 78% renters is 7,800 X $50 is 390K not 35k. Can you explain more?
can you do a podcast on how to hedge against utility price increases? Utility prices are going up a lot and I don't know how to hedge that. there is only so much you can raise the vending price.
Is owner financing to buy a laundromat the best way?
Not the best, per se. But it can be a great option. It depends on a lot of factors like how much capital you have, what terms you can negotiate, how easy traditional financing is to get at the time you’re ready to borrow, etc
I joined atmosphere tv and used the code but was still charged 99.00.
Going to check it out but it didn't work for me.
Hope the TV is good, like listening to this. Have a laundromat for 4 years so far.
Hey Dan, shoot me an email at jordan@laundromatresource.com and I'll see if we can get it taken care of. Sorry about that.
I let them know and they said they’ll make sure you get refunded. And the TV is good :)
Missing the link for the demographic reports
Unfortunately the demographics site we used shut down. We’re looking for a suitable replacement. Sorry about that
@@LaundromatResource thank you for the very fast answer
@@LaundromatResource Any updates?
What are turns per day??
It’s a performance metric used in the industry that mean the average number of times each machine is used per day. So 3 turns per day means each machine is used on average 3 times per day
Good.
Great!
what is make -up air?
Dryers require air to be effective and if they can't suck in enough air it takes longer and costs more to dry clothes. The make-up air is the air that replaces the air that dryers suck in to do their thing
@@LaundromatResource thank you so much for the quick response .Your videos have been so helpful in learning about this industry and type of business. I have spent hours watching your content so far . Every video has numerous nuggets of knowledge , wisdom, understanding . I will be a small business owner of a laundromat in the next 1-3 years max . Much appreciation brother
How do you calculate radius i missed that..
I don't know exactly which part talked about calculating the radius but generally 1 mile is used. Less if it's very densely populated with other laundromats nearby, more if it's more sparsely populated. Hopefully that's a little helpful...
@@LaundromatResource thank you very much yes thats very helpfull bless you 👍🏼❤
What do you say about mobile laundro matt units for the european market? Im on the verge of buying one anyone who could help me i apreciate it a lot.
I think it's awesome! I've spoken with a few people who have done well with them. They are catching on in Australia, too!
@@LaundromatResource ah thats great to hear kinda expected also good to hear they are running fine thank you so much for your response i subbed and making notes of all your valueable information thank you for everything 🙏🏼👌🏼 best wishes for the new year lets crush goals😎
@@skillsphere9245 appreciate it! 2023 is your year!
How does one find the percentage of renters in a location?
Demographic report... census...