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The Key Pillars of Laundromat Success with Kate and George Wolfe — Transcript

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  1. 0:00I'm curious like if you had to give
  2. 0:02somebody some advice who's buying their
  3. 0:04first one, first laundromat, what advice
  4. 0:07would you give them, you know, if
  5. 0:08they're like if they're looking if
  6. 0:10they're listening to this right now and
  7. 0:11they're looking for their first
  8. 0:12laundromat, what what's the best piece
  9. 0:13of advice you can give them right now?
  10. 0:15>> Get a good distributor because it really
  11. 0:17is important. You rely on them to help
  12. 0:19you make decisions and and try to
  13. 0:21improve your store. So, it's really
  14. 0:23important to have a good distributor.
  15. 0:25>> Yeah. I would think that when you first
  16. 0:26get in, the first the major thing would
  17. 0:27be a distributor like my wife said.
  18. 0:29Yeah.
  19. 0:29>> And seeing a vision of what you want,
  20. 0:31what what you expect out of your
  21. 0:32laundromat, you know, and your
  22. 0:34expectations of, you know, what kind of
  23. 0:35income you think you're going to get out
  24. 0:36of it, right? I mean, like we were
  25. 0:38saying earlier, we put our money back in
  26. 0:39our lunch. Yep.
  27. 0:40>> So we could be successful in the long
  28. 0:41run, but maybe not everybody sees it
  29. 0:43that way. So, you know, those are the
  30. 0:45things I would think about if I bought a
  31. 0:46laundromat. Yeah. And I listen to your
  32. 0:47podcast. It will help them.
  33. 0:48>> Yes, definitely.
  34. 0:50>> That's the answer I was looking for.
  35. 0:52Come on.
  36. 0:56Hey, what's up, guys? It's Jordan with
  37. 0:58the Lawn Resource Podcast. This is show
  38. 1:00232
  39. 1:02and I am pumped you're here today. Even
  40. 1:04still after 232 episodes, I'm probably
  41. 1:07even more pumped that you're here today
  42. 1:08than ever before. Kate and George Wolf
  43. 1:12are joining us for a super fun, super
  44. 1:16duper uh like I was going to say
  45. 1:18knowledgeable, but uh
  46. 1:21I don't know. Like uh I there's just a
  47. 1:23lot of nuggets being dropped in this
  48. 1:25episode. How about that? This is awesome
  49. 1:27episode. You're gonna love it. Kate and
  50. 1:28George are phenomenal people and have
  51. 1:31built a phenomenal business and to tell
  52. 1:33you exactly how they did it. Not going
  53. 1:35to want to miss it. Whether you're new
  54. 1:36or a veteran, this one's got something
  55. 1:38for everybody for sure. Uh before we
  56. 1:41jump into it, I just wanted to point
  57. 1:44outresource.com/resources.
  58. 1:46We got all kinds of resources over
  59. 1:47there. Make sure you go check those out.
  60. 1:49If you're looking to get into the
  61. 1:50business or if you're in the business
  62. 1:51looking to optimize your business a
  63. 1:53little bit more, go check out lot of
  64. 1:55myresource.comresources
  65. 1:57for all the downloadable tools and
  66. 1:59resources that we use when we help
  67. 2:01clients find and run, optimize, scale
  68. 2:05their laundromat businesses. Awesome.
  69. 2:08Okay, how about this? Let's jump in with
  70. 2:09Kate and George right now. Kate and
  71. 2:12George, thank you for coming on the
  72. 2:14show. How you guys doing today?
  73. 2:15>> Good. How are you?
  74. 2:16>> Good. I am doing excellent. I'm doing
  75. 2:19excellent. Super excited to have you
  76. 2:21guys on. Thank you so much for taking
  77. 2:23the time and uh and for reaching out
  78. 2:25too. Uh and being willing to come on and
  79. 2:27share your story with everybody. I know,
  80. 2:29you know, when we were just chatting
  81. 2:30before we hit record, you're saying,
  82. 2:32"Man, we really hope this will help
  83. 2:33somebody." And as you were just telling
  84. 2:35me little bits and pieces about your
  85. 2:37story, I know it will for sure. So,
  86. 2:39appreciate it. But while we jump in
  87. 2:40here, why don't you tell us who are you
  88. 2:42guys and how did you get into this
  89. 2:44business? Well, first, thank you for
  90. 2:46having us on. We appreciate it. We're
  91. 2:48really excited to be on here. Um, we've
  92. 2:50learned so much. So, we are so excited
  93. 2:52to hopefully give somebody some
  94. 2:53information or something that maybe will
  95. 2:55finally click.
  96. 2:58>> Um, but we're a husband and wife team.
  97. 3:00We've been married for almost 15 years.
  98. 3:03Um, we do a lot together. Uh, we did
  99. 3:05work together years ago and, uh, now we
  100. 3:07work together all the time. Um,
  101. 3:10we still
  102. 3:11>> Is that a good thing or a bad thing?
  103. 3:12That could go either way, though.
  104. 3:15Depends on the day. It depends on the
  105. 3:17day, Jordan, right?
  106. 3:18>> Yeah. Yeah.
  107. 3:19>> Depends on the day because we really
  108. 3:20love the business. Um, but then there's
  109. 3:22times that we're like, "Okay, why'd we
  110. 3:24do this?"
  111. 3:25>> Yeah.
  112. 3:26>> Yesterday was one of those days.
  113. 3:30>> Well, today we'll have fun doing it and
  114. 3:32then it could be one of those days where
  115. 3:33you're like excited about it. So, how
  116. 3:35about that?
  117. 3:36>> Yeah, that's exciting being on the show.
  118. 3:38>> Yes. Yes. So, we um we got into the
  119. 3:42business two years ago. We actually just
  120. 3:44celebrated our 2-year anniversary in the
  121. 3:46laundromat business on 15th. So,
  122. 3:49>> um
  123. 3:50>> we So, during the pandemic, we I had
  124. 3:53seen like the videos, oh, you know,
  125. 3:55start a laundromat, start a vending
  126. 3:57machine business.
  127. 3:58>> Um my husband's in property management
  128. 4:00and maintenance. So, um he has kind of
  129. 4:03like that business acumen and then I
  130. 4:05have a master's degree and I'm I'm a
  131. 4:07manager as well. So, um, we knew we
  132. 4:10wanted to do a business at some point
  133. 4:13together because we have worked together
  134. 4:14in the past and, um, we just didn't know
  135. 4:17like what we wanted to do. And then I
  136. 4:20think we kind of settled on like we want
  137. 4:21something that's already in existence.
  138. 4:23Like I don't think we have the ability
  139. 4:24to start something from scratch at this
  140. 4:26point in our lives. Um, so we were like
  141. 4:29I had been looking on Bisby by cell very
  142. 4:31consistently.
  143. 4:33And so, uh, two years ago in 2023, um,
  144. 4:36on Veterans Day, I had seen it listed.
  145. 4:39Oh, did you want to say how you
  146. 4:41>> Yeah. Okay.
  147. 4:42>> The real story is, Jordan, is I was
  148. 4:43driving to work in the morning.
  149. 4:45>> Let's get the real story here. Sound a
  150. 4:47little too sanitized.
  151. 4:48>> Did you see the laundromat that we
  152. 4:50bought? And I said, "We didn't buy a
  153. 4:52laundromat cuz we don't know how to run
  154. 4:54a laundromat. We're not going to buy
  155. 4:55it." She's like, "No, that's our
  156. 4:56laundromat. We bought it." I said,
  157. 4:57"Really?" She said, "Yeah." And uh, we
  158. 5:00we bought a laundromat. So his obviously
  159. 5:03very different than mine. I He tells
  160. 5:06everybody, "Yeah, my wife just called me
  161. 5:07and was like, "Yeah, so we're going to
  162. 5:08buy a laundromat." And I mean, he's not
  163. 5:10wrong. That is how it went down
  164. 5:12essentially. Like I was I was stalking a
  165. 5:15bis by cell, you know, twice a week,
  166. 5:17every week, and it was really late. He
  167. 5:19was already asleep. I found the listing
  168. 5:21like what, eight minutes away from our
  169. 5:23house.
  170. 5:24>> Um, we know the area. We know it well.
  171. 5:26Um, I actually lived there when I was a
  172. 5:27teenager.
  173. 5:28>> Right behind it.
  174. 5:29>> Um, yeah. So, we um as soon as I saw it,
  175. 5:33I started reaching out to like my
  176. 5:34realtor friend, my banking friends. Uh I
  177. 5:36put an inquiry in. I was doing
  178. 5:38everything that I could to try to
  179. 5:39contact people. So, when I woke up in
  180. 5:41the morning, it was a holiday, but he
  181. 5:42had work. So, then I called him and I I
  182. 5:44said, "Hey, did you see the laundromat
  183. 5:46that we're going to buy?" And he laughed
  184. 5:47and he's like, "Oh, yeah,
  185. 5:49>> what are you talking about?" And I was
  186. 5:50like, "No, like we're going to buy that.
  187. 5:51I I've already talked to the bank. Um
  188. 5:54I've been talking to my friend." Um, I
  189. 5:57was like, I'm just waiting for the owner
  190. 5:58to contact me back and he's like, no
  191. 6:01way. So, um, fast forward to the
  192. 6:03afternoon, I finally get a hold of the
  193. 6:04owner. He was actually the last person I
  194. 6:06spoke to.
  195. 6:08And, um,
  196. 6:09>> always the last to know.
  197. 6:10>> He says to me, well, you know, the last
  198. 6:12person that went to look at it said it
  199. 6:14was really dirty. So, I set my cleaner
  200. 6:16there and, you know, let me know if it's
  201. 6:18dirty. And I said, okay, we're going to
  202. 6:20go take a look at it, but I'm pretty
  203. 6:21sure we want it, so I'll call you right
  204. 6:22back. So, we drive over. Um,
  205. 6:27It wasn't clean. It is
  206. 6:30dirty. I mean, there was graffiti on the
  207. 6:32wall.
  208. 6:33>> It had a board on the on the one one
  209. 6:35door. Um like a 2x4.
  210. 6:36>> It looked run down and uh
  211. 6:39>> it was dirty.
  212. 6:41>> We knew what we could do with the store
  213. 6:43because we we just knew we I knew what
  214. 6:46we could do and I know my wife drives so
  215. 6:48I thought, well, depends on whether the
  216. 6:50store is going to look like this when we
  217. 6:51own the store. Of course, you know.
  218. 6:52>> Yeah.
  219. 6:53>> So So, of course, we cleaned up the
  220. 6:54store and made it beautiful. I mean, we
  221. 6:56put laundry works in the store since
  222. 6:57then, you know. It doesn't look There's
  223. 6:59actually a TV that's actually on in the
  224. 7:01store,
  225. 7:02>> right?
  226. 7:03>> Somebody's stealing it. It's actually on
  227. 7:05the wall and it's on.
  228. 7:06>> One of the things that the owner himself
  229. 7:08had told us, so he was out of state and
  230. 7:10so, you know, um he was the Oh, this is
  231. 7:13a passive income business. And he was a
  232. 7:15big time landlord in the area. So, he
  233. 7:17has like hundreds of properties and only
  234. 7:20two employees and then laundromats. So,
  235. 7:23it just it wasn't working for him. So,
  236. 7:25he wanted to get out of the business. He
  237. 7:26did keep one laundromat at first. Um, so
  238. 7:29we dove in. We bought the business only
  239. 7:31and we were like, "Okay, let's see what
  240. 7:34we think." Like, let's let's dip our toe
  241. 7:36and like see what we can do with it. So,
  242. 7:38like the first day we get the keys, we
  243. 7:41go in and we start cleaning and like
  244. 7:44getting rid of the graffiti, get rid of
  245. 7:46the 2x4,
  246. 7:47>> cleaning cleaning it up, you We
  247. 7:48installed all new cameras, um, painted
  248. 7:51everything, repaired things,
  249. 7:53>> made sure it was nice and bright,
  250. 7:54>> broke out the steam cleaner,
  251. 7:57>> steam cleaned everything and anything.
  252. 7:59Um, and then the biggest problem that
  253. 8:01the owner had said, the prior owner had
  254. 8:02said was that there was like kids that
  255. 8:04hung out and like homeless people that
  256. 8:07came in and that was a serious issue.
  257. 8:10So, we installed cameras and we would
  258. 8:13watch them very diligently and that was
  259. 8:14like a full-time job in itself
  260. 8:16>> in the beginning
  261. 8:17>> to chase people out.
  262. 8:18>> Yeah. In the beginning.
  263. 8:19>> In the beginning because it was it was a
  264. 8:21lot of work. That was the one thing that
  265. 8:22customers told us, the owner told like
  266. 8:24it was very wellnown. That was like the
  267. 8:26hangout.
  268. 8:27>> Um and so we worked really hard to
  269. 8:28change that perception and change that
  270. 8:30image. And the neighborhood knows now,
  271. 8:32Jordan, that we're a nononsense
  272. 8:34laundromat that, you know,
  273. 8:36>> we're there to take care of the the
  274. 8:38people in our community, of course, but
  275. 8:39we also are not going to tolerate
  276. 8:40anything. That's there's going to be no
  277. 8:42fooling around like that.
  278. 8:43>> Tell me about your
  279. 8:45>> So that's real quick on
  280. 8:48>> I don't want to interrupt you. I'm
  281. 8:49sorry. Go ahead.
  282. 8:50>> Yeah, just real quick on that point. I I
  283. 8:51mean that was one of the big lessons
  284. 8:53that I took away was like it's much more
  285. 8:55difficult in my opinion to rehab how the
  286. 8:58community like the reputation of the
  287. 8:59laundromat than the than the laundromat
  288. 9:01itself. And I'm like having flashbacks
  289. 9:04where I'd be like
  290. 9:06>> I'd have anxiety
  291. 9:08>> looking on my phone at the cameras to
  292. 9:10see what was happening in my laundromat
  293. 9:11cuz I'm like I don't even know what's
  294. 9:12going on in there right now and I don't
  295. 9:14know if I want to know. And it was like
  296. 9:16a lot of work like you were saying. It's
  297. 9:18like a lot of work to actually clean up
  298. 9:19the place. And it is
  299. 9:21>> that's something that especially if
  300. 9:22you're buying like a fixer upper mat, a
  301. 9:24zombie mat, something like that. One
  302. 9:25thing you can't underestimate is,
  303. 9:27>> you know, there's we I I talk a lot
  304. 9:29about how laundry is like a habitual
  305. 9:31business, which is really good for us.
  306. 9:33Um, but also,
  307. 9:35>> you know, other people have habits at
  308. 9:38your laundromat potentially as well. You
  309. 9:41know, might be coming to try to sleep
  310. 9:43there, to hang out there, to do whatever
  311. 9:46>> there. And you got to break those habits
  312. 9:47as well. Um, so I I was just like
  313. 9:50resonating with what you're saying and
  314. 9:51like having some flashbacks there with
  315. 9:53you.
  316. 9:54>> Yeah, we had to get rid of the
  317. 9:55unscrupulous behaviors that were that
  318. 9:58were occurring. Um, and and George ended
  319. 10:00up buying um buying a sign for the
  320. 10:03window
  321. 10:04>> for like 20 bucks, 15 bucks at Amazon
  322. 10:06and it said um under new under new
  323. 10:08ownership it says. And it it it it
  324. 10:11worked really well to bring customers
  325. 10:13back that left to give give Laundry Lane
  326. 10:16a chance to let them have one more shot
  327. 10:17at our laundromat so they knew who we
  328. 10:19were and that we were going to keep the
  329. 10:21place like it is now wellmaintained and
  330. 10:24take care and take care of. I mean
  331. 10:26that's that's the main goal there in the
  332. 10:28laundromat is making sure it's taken
  333. 10:29care of.
  334. 10:29>> Yeah.
  335. 10:30>> I mean even like the customers would
  336. 10:32come in and they would they would say
  337. 10:34wow it's so much cleaner. like we didn't
  338. 10:36do like, you know, we talked about this
  339. 10:38before we hit record, how we we took a
  340. 10:41lot of loans and so we didn't um we
  341. 10:44didn't like renovate the place or put
  342. 10:47new equipment in. We just cleaned it and
  343. 10:49then took care of the customers and then
  344. 10:53answered our phone when they would call.
  345. 10:55Like all of these things that really
  346. 10:56aren't
  347. 10:57>> customer service is number one. We
  348. 10:59>> completely out of the norm. You know,
  349. 11:00>> that's my wife's department. She's
  350. 11:02fantastic with it. That's one thing we
  351. 11:03do do is we don't wait 3 weeks to call
  352. 11:06you back.
  353. 11:06>> Yeah.
  354. 11:06>> We'll call you right back. My wife
  355. 11:08always does. She'll call you right back.
  356. 11:09If not right there and then
  357. 11:11>> she tries to make it within the hour,
  358. 11:12she'll get right back to the customer.
  359. 11:14>> We've gotten very creative with our
  360. 11:15problem solving since we're not always
  361. 11:17available. Like we can't just always
  362. 11:19pick up and run over. I mean, obviously
  363. 11:20we do when we have to when there's, you
  364. 11:22know,
  365. 11:22>> when we can cuz we do work full-time
  366. 11:24jobs.
  367. 11:24>> Yeah.
  368. 11:25>> Um but we do make it a point to try to
  369. 11:27get over there as much as possible
  370. 11:28whenever there's an issue that requires
  371. 11:30us physically to be there. So
  372. 11:33>> yeah, when you when you were when you
  373. 11:35were like looking at the the cameras and
  374. 11:38you know trying to like clean that up, I
  375. 11:40mean did you have like cameras with
  376. 11:42two-way communication or like what did
  377. 11:43you do? Okay.
  378. 11:45>> Yeah.
  379. 11:45>> So you're able to communicate with
  380. 11:46people in there like get out of here
  381. 11:48kind of.
  382. 11:48>> So we have two sets of cameras. We have
  383. 11:50like so you always you know one thing I
  384. 11:52did learn on the podcast is you always
  385. 11:53have to have a backup, right? So we have
  386. 11:55a set that's in the store and then we
  387. 11:56have a set that's uh mobile as well. So
  388. 11:59that one we have uh two-way
  389. 12:00communication. So, we are looking and
  390. 12:02we're there's an alarm feature, too,
  391. 12:04which uh the kids know now. Like, if
  392. 12:06they do try every once in a while, they
  393. 12:09just before I kicked them out last week,
  394. 12:11they were like, "They're going to tell
  395. 12:12us to get out of the laundromat." And I
  396. 12:13was like, "You're right. Please leave."
  397. 12:16>> Um, we can also control our doors from
  398. 12:19an app as well. So, you know, when the
  399. 12:21kids were getting out of hand, we would
  400. 12:22just
  401. 12:22>> lock the door.
  402. 12:23>> Lock the doors when they left and they
  403. 12:25try to come back in and it's like, "No,
  404. 12:26you need to leave." Um, so it works out
  405. 12:28perfect. I mean, we it it it's it's not
  406. 12:30like that now, of course, but it took a
  407. 12:32while though to get things straightened
  408. 12:34down.
  409. 12:34>> A few months.
  410. 12:35>> I mean, and a few months later, what was
  411. 12:376 months later then we bought the we
  412. 12:39actually the owner was saying he was
  413. 12:40going to sell the property and my wife's
  414. 12:43like, you know, we're going to buy the
  415. 12:44property and I was like, I don't think
  416. 12:45that's we can feasibly do that. That's
  417. 12:47expensive. We're not going to do it.
  418. 12:48She's like, no, like somebody can come
  419. 12:50in here and raise our rent and like that
  420. 12:52that could kill us. Like, we're not
  421. 12:53going to do that. We're going to buy
  422. 12:54this actual property at two rental.
  423. 12:56There's like two rentals there. So my
  424. 12:58wife's like, you know, you're in
  425. 12:59property management, you already know
  426. 13:00maintenance and she knows the the
  427. 13:02finance side, of course, so I'm very
  428. 13:04fortunate. So she's like, let's let's
  429. 13:06buy the property so we could be the
  430. 13:08landlord for the laundromat, too.
  431. 13:09>> Well, so my husband's telling part of
  432. 13:10the story. So the when I talked to the
  433. 13:12owner about purchasing the property of
  434. 13:15the first Laundry Lane location in
  435. 13:17Edwardsville, um he said, "Hey, I'm
  436. 13:20actually thinking of selling the
  437. 13:21building that my other mat's in." And so
  438. 13:23we had had a conversation already that
  439. 13:25like eventually we were going to get
  440. 13:26this second location because he wanted
  441. 13:28out of the laundromat business like like
  442. 13:30I said he just wasn't he wasn't putting
  443. 13:31the time and attention it needed. Um so
  444. 13:34when he said he was going to sell both
  445. 13:35the buildings I was like okay we want
  446. 13:36both. And so I call him again and I'm
  447. 13:38like so we're buying two buildings not
  448. 13:40one. And he's like there's no way I
  449. 13:42don't want that other building. It's not
  450. 13:43in good shape. And I'm like so we're
  451. 13:45going to buy it. Um
  452. 13:46>> you have a maintenance guy. It's fine.
  453. 13:48Don't worry about it.
  454. 13:48>> Yeah.
  455. 13:51>> I know what's happening. I know it's
  456. 13:52going through that mind. Yeah, you can
  457. 13:54fix it. You can fix anything. Yeah.
  458. 13:56>> So, we bought the first laundromat
  459. 13:58December 2023 and then we bought the
  460. 14:00buildings June 2024. Um and then we we
  461. 14:05we're foster parents, too. So, we
  462. 14:07brought home a foster baby during that
  463. 14:08time, too. Um Okay. And then we had like
  464. 14:11the worst apartment. Um that was it
  465. 14:13because the buildings are three and four
  466. 14:15units. Uh so, one of the apartments the
  467. 14:17long longestterm tenant left. So, we
  468. 14:19were renovating an apartment
  469. 14:20>> almost $10,000 like
  470. 14:22>> had a newborn, had our daughter um
  471. 14:25worked full-time and um then what four
  472. 14:29months later, October
  473. 14:31>> October 2024, however months, however
  474. 14:33many months later, then then we finally
  475. 14:35got the
  476. 14:35>> I asked her, I said, "Can you call him
  477. 14:37and ask about the launch bag?" Cuz
  478. 14:38that's why I bought the other building.
  479. 14:39It was to potentially own that
  480. 14:41laundromat, right? I wanted that. He
  481. 14:43knew that.
  482. 14:43>> So, she made the phone call, of course,
  483. 14:45and she's like, "Listen, we want to buy
  484. 14:46the other mat. Let's do it."
  485. 14:47>> And we did. We bought the other launch
  486. 14:49mat and of course Jordan, that launch
  487. 14:50mat had no lights at all. You couldn't
  488. 14:52see the washers.
  489. 14:54It
  490. 14:54>> It was funny because when we get the
  491. 14:56when we got that one, the customers were
  492. 14:58coming in and they're like, "Wow, you
  493. 14:59put in new floors. Wow, there's new
  494. 15:00equipment." And so
  495. 15:02>> to back up for a minute though, we did
  496. 15:04technically get that second one for the
  497. 15:06free laundromat because we took over his
  498. 15:09equipment loan. Yeah.
  499. 15:11>> So, we didn't put any money down. We
  500. 15:13didn't do like additional financing. We
  501. 15:14just took over his equipment loan. Um
  502. 15:16the equipment was only 2 years old, but
  503. 15:18the customers couldn't see it, so they
  504. 15:21didn't know how clean it was and how new
  505. 15:24it was. And then we cleaned everything.
  506. 15:26You know, we
  507. 15:26>> That one took a little bit more time
  508. 15:28actually than the first one. I thought
  509. 15:29we had to put all new lights on,
  510. 15:30>> but I think we knew
  511. 15:31>> we had to fix the sign, but we were
  512. 15:32already veteran faster, I think, though.
  513. 15:35>> We kind of knew what we had to do. We I
  514. 15:37still don't think that we knew
  515. 15:38everything that we know now, of course.
  516. 15:40>> But we did learn from the first, you
  517. 15:42know, experience. And now it's all clean
  518. 15:44and it's bright. I mean, we our Google
  519. 15:46reviews are out out the roof there,
  520. 15:48actually.
  521. 15:48>> Yeah, that's one of the highest rated
  522. 15:50ones.
  523. 15:50>> It is. It's amazing.
  524. 15:51>> We have those like signs up inside of
  525. 15:53the stores with like a QR code to get
  526. 15:55our customers to leave us reviews. And
  527. 15:56then when we help them with things like
  528. 15:58if there's a problem or whatever, we
  529. 15:59always say, "Hey, can you leave us a
  530. 16:00Google review?" Um, we've since
  531. 16:02incentivized our employees to ask for
  532. 16:04Google reviews. We give them $5 every
  533. 16:06time they get a review and the the
  534. 16:08customer mentions the employees name.
  535. 16:10>> Yeah.
  536. 16:10>> Um, we got that idea.
  537. 16:11>> Make sure it's a good review, though.
  538. 16:13>> Yeah. Yeah, we got to leave.
  539. 16:16>> We got that idea. Actually, we stole it
  540. 16:17from a a gentleman. Yeah, the watch
  541. 16:20tribe called Carlos. We actually got it
  542. 16:21from him and he did that with his
  543. 16:23employees. So, we stole his idea.
  544. 16:24>> We were like, "That's so great. We're
  545. 16:26going to do that." And then I think when
  546. 16:27we first implemented it, we got like
  547. 16:29five over one weekend. So, you're like,
  548. 16:30"Oh, this this is great." Like,
  549. 16:33>> great. Now, I got to pay $25. Dang it.
  550. 16:36>> You're right, Jordan.
  551. 16:38I'd rather pay out for because it's
  552. 16:40like, okay, now I know that like we're
  553. 16:42gaining traction and and getting
  554. 16:44>> and we're keeping our employees engaging
  555. 16:46with our customers. That's what we want.
  556. 16:47So, that works out great for us.
  557. 16:49>> Yeah.
  558. 16:49>> Yeah. Yeah. Okay. I I feel like we need
  559. 16:52to like pause for a second and Okay, so
  560. 16:54right now you have two laundromat
  561. 16:56locations. Yes. And where are you guys
  562. 16:57located?
  563. 16:58>> We're in Wilsbury, Pennsylvania and
  564. 17:00Edwardsville, Pennsylvania. So, they're
  565. 17:02they're not too far from each other.
  566. 17:03Edwardsville is a really small city.
  567. 17:05>> Um they're about 10 minutes apart from
  568. 17:06each other. So, it works out great.
  569. 17:08>> Mhm.
  570. 17:08>> Nice. Okay. And I want to back up. Let's
  571. 17:11go back to that first laundromat here
  572. 17:13for a second.
  573. 17:14>> Uh when you when you bought like how did
  574. 17:17the process of buying it go? Was it like
  575. 17:19a smooth kind of
  576. 17:22transaction uh buying the laundromat or
  577. 17:25how did that go?
  578. 17:26>> We bought the laundromat.
  579. 17:27>> I mean, it was it was fairly smooth. And
  580. 17:29I will say this was a very atypical way.
  581. 17:31So, you've probably not heard many
  582. 17:33people not have to put any money. Well,
  583. 17:37I put 25 down.
  584. 17:38>> Yeah.
  585. 17:38>> Well, tell them how we bought the actual
  586. 17:40mail.
  587. 17:41>> So, we So, when he had it listed on
  588. 17:44Bisby by cell and when he had it listed
  589. 17:46on Bisby by sell, he had all of his
  590. 17:48financials. So, he had um he had it
  591. 17:52listed uh for the last 3 years and then,
  592. 17:54you know, when we started talking, we
  593. 17:55asked for the year that we were within
  594. 17:57um to be able to present to the bank.
  595. 17:59And I have a the person that does our
  596. 18:00taxes is also working in a bank
  597. 18:02full-time, so she was able to look at
  598. 18:04them. Um, so when we had talked with the
  599. 18:07owner and we said, "Hey, we're
  600. 18:08interested in this. We want to buy it."
  601. 18:11Um, I said to him, "If you want a cash
  602. 18:13deal, like we're not it. We don't have
  603. 18:16this kind of money. Like unfortunately,
  604. 18:17we're born into generational wealth. So,
  605. 18:21um, if that's what you're looking for,
  606. 18:23like we can't provide that for you. But
  607. 18:24if you're willing to, you know, wait for
  608. 18:26us to get a loan and let that process,
  609. 18:28then, you know, we're we're really
  610. 18:30interested. We want to dive right in."
  611. 18:32So, he said, "That's fine. you know, as
  612. 18:34long as somebody can show me that they
  613. 18:35can get a loan. So, even though it was a
  614. 18:38holiday, we were able to get a
  615. 18:39pre-qualification to show that we were
  616. 18:41able to like obtain the funds from our
  617. 18:43bank. Um, so we definitely beat out
  618. 18:45anybody else because it was a holiday.
  619. 18:46It was like a Friday. Um, so when I had
  620. 18:50talked with my friend that does our
  621. 18:51taxes, um, who works in the bank, I said
  622. 18:53to her, "Hey, listen, like for this down
  623. 18:55payment, if I can show that I have the
  624. 18:57money for the down payment, but then
  625. 19:00wait for the loan to process and then
  626. 19:02take a personal loan for the actual down
  627. 19:04payment, can I do that without it
  628. 19:06affecting, you know, the the primary
  629. 19:08business loan?" And she said, "Yeah, you
  630. 19:10can absolutely do that." So that's what
  631. 19:12we did. So we actually did not take any
  632. 19:14money out of our pockets. like we were
  633. 19:16able to show funds, you know, like we
  634. 19:18did have the money, but that would have
  635. 19:19drained our account. We would have not
  636. 19:21had anything. Um, so we were able to
  637. 19:24prove that and then after the primary
  638. 19:26business loan went through, we went took
  639. 19:27personal loans and then um
  640. 19:29>> we got the loans from our credit card,
  641. 19:30Jordan.
  642. 19:31>> Yeah. And um so then we we put that down
  643. 19:33and then um we had to get a business
  644. 19:35checking account before we were actually
  645. 19:37in business. So we had to put like $25
  646. 19:39into that account. So we did take $25 of
  647. 19:41our own money and we had to put that
  648. 19:42down. That didn't bankrupt you, right?
  649. 19:46>> We had that for $25 to to put down.
  650. 19:51>> You didn't have to give that to your
  651. 19:52employee later.
  652. 19:53>> Yeah. Well, maybe money.
  653. 19:56>> Well, we have no employees.
  654. 19:57>> No, we didn't until just recently.
  655. 19:59>> Yeah, we actually just hired. It's a
  656. 20:01great idea to do though coming in.
  657. 20:03>> Yeah. Congrats. Um, okay. Well, when you
  658. 20:06when you b I mean that's that's super
  659. 20:08interesting way to kind of go about it.
  660. 20:10Um, when you bought it, this first one,
  661. 20:14this first laundromat, was it making
  662. 20:15money already or Okay, so it was making
  663. 20:18money.
  664. 20:18>> Making money, but it wasn't making like
  665. 20:21what we're making like we have
  666. 20:22definitely increased revenue for sure
  667. 20:24because
  668. 20:24>> don't forget it was the local hangout.
  669. 20:27My the customers that had been going
  670. 20:28there were uncomfortable.
  671. 20:30>> Um,
  672. 20:31>> it it it drove people away. It drove
  673. 20:33them to the competitors. So, you know,
  674. 20:35Georgia's $20 sign probably turned us so
  675. 20:39many profits to buy. Um, but it it gave
  676. 20:43us so many more customers back because
  677. 20:45we spent a lot of time in the stores as
  678. 20:47much as possible in the be. I mean, we
  679. 20:49still go there a lot. Um, probably more
  680. 20:51than than
  681. 20:51>> most owners.
  682. 20:52>> Most owners definitely care about our I
  683. 20:54mean, we just care about it. We're
  684. 20:55passionate about what we do.
  685. 20:56>> Yeah. We enjoy it.
  686. 20:58>> And so, we had a lot of customers that
  687. 20:59would come in and say, "Oh, we saw the
  688. 21:01sign in the in the window and we wanted
  689. 21:03to come check it out. Are you the
  690. 21:04owners?" And we're like, "Yeah." you
  691. 21:05know, and then we have a conversation
  692. 21:06and tell them the things that we're
  693. 21:07doing and how we're improving it. And,
  694. 21:10you know, they see our passion um for
  695. 21:12the business and for, you know, taking
  696. 21:14care of our customers and really
  697. 21:15providing that community service for
  698. 21:17them because, you know, we went into
  699. 21:19this business with the intention of,
  700. 21:20okay, like yes, we want we want a
  701. 21:22business. Um, but I don't think we
  702. 21:25realized how much of a community
  703. 21:27resource and how necessary that is. And
  704. 21:29now we feel so passionately about giving
  705. 21:32that to our customers. like we get
  706. 21:34genuine heartfelt thank yous even now to
  707. 21:37this day
  708. 21:37>> consistently people come in and say
  709. 21:39thank you so much for how much work that
  710. 21:41you do
  711. 21:41>> last this week Tuesday I think it was I
  712. 21:43was there or last Tuesday I was there
  713. 21:45and I was fixing one of the machines I
  714. 21:47was putting a fill valve in and uh the
  715. 21:50lady said she couldn't believe how nice
  716. 21:51the machines were and how how well they
  717. 21:52were capped and out and she was so
  718. 21:54thankful that the launch was so nice and
  719. 21:56clean and I was like that really means a
  720. 21:57lot to me and my wife because we work so
  721. 21:59hard to make sure it looks like that and
  722. 22:01we have that reputation that's what we
  723. 22:03So yeah, you're right that it does mean
  724. 22:05a lot to me 100% just like you that you
  725. 22:07know that we're doing the right things
  726. 22:09that I feel that when they say that
  727. 22:10Jordan that we're doing the right things
  728. 22:11then we know we're doing something right
  729. 22:13when the customer says that
  730. 22:14>> it's like the it's like the it's like
  731. 22:16the non-financial way that we kind of
  732. 22:19like get that you know like like I said
  733. 22:21I we wanted a business but I didn't
  734. 22:24realize how integral that business would
  735. 22:26become to a community and people tell us
  736. 22:28all the time like this is the community
  737. 22:30laundromat and now that we've worked
  738. 22:32worked so hard to change that reputation
  739. 22:35that they they know what to expect from
  740. 22:37us. They know that it's going to be
  741. 22:38clean. They know that we're going to,
  742. 22:41you know, not tolerate someone not doing
  743. 22:42laundry.
  744. 22:44>> It's not a hang on our bus though.
  745. 22:46>> Yeah. I mean, they actually kind of do
  746. 22:47the work for us sometimes.
  747. 22:49>> I mean, we we actually my wife told me
  748. 22:51one time to put a broom and a dustpan
  749. 22:53like a little like Dollar Tree mop there
  750. 22:56and uh hang it on the wall and I was
  751. 22:58like, "That's ridiculous. Nobody's going
  752. 22:59to do that." you know, I mean, you're
  753. 23:00being this is never going to work. Where
  754. 23:03are you getting this idea? Stop and
  755. 23:05stupid ideas.
  756. 23:06>> And um I hung it up on the wall and uh
  757. 23:08they sweep up the laundromat and
  758. 23:11>> they actually mop the floor sometimes.
  759. 23:13>> Actually, our two employees that we now
  760. 23:15have were customers like one was from
  761. 23:17each location and they actually used to
  762. 23:19sweep up for us and so it turned into a
  763. 23:21hey like you do this anyway. Do you want
  764. 23:23to like get paid for this? And they
  765. 23:26they've been the best employees because
  766. 23:28they they're they're already invested.
  767. 23:29They know how much we care about it.
  768. 23:31They care about it because they want a
  769. 23:33clean, safe place to do their laundry.
  770. 23:35Um and they've been like the best
  771. 23:36employees because they really care about
  772. 23:38it.
  773. 23:38>> They are. They're fantastic. Good. I
  774. 23:40agree.
  775. 23:41>> Yeah. Yeah. Well, I found some of my
  776. 23:43best employees just from either being
  777. 23:45customers or friends or family of
  778. 23:48customers and they
  779. 23:49>> they have there's some like pride of,
  780. 23:51you know, community pride there of
  781. 23:52taking care of the of the business,
  782. 23:54right? So, it can be a great way to find
  783. 23:56I've also had a couple bad ones from the
  784. 23:58community, so it's not a given, but uh
  785. 24:02yeah, it's awesome.
  786. 24:03>> We struggled quite a bit there in the
  787. 24:04beginning when we first finally started
  788. 24:06hiring employees. We were like, "Oh,
  789. 24:07wow." Like, we we were doing it
  790. 24:09ourselves for so long, and then we got
  791. 24:11into hiring employees and we were like,
  792. 24:13"Wow, this is
  793. 24:14>> more difficult to have someone just show
  794. 24:17up." Um,
  795. 24:21>> um, but then once we started hiring the
  796. 24:22customers, things really turned around
  797. 24:23for us.
  798. 24:25>> Yeah. Uh, okay. So, listen, I think when
  799. 24:29people hear your story about how you
  800. 24:31bought this first one, I mean, you said
  801. 24:33it right, like you you leveraged it, you
  802. 24:35know, pretty much entirely. So, I how
  803. 24:40h how has that gone? How has that gone?
  804. 24:42Like has that been a are you like
  805. 24:44excited that you went that path? Yeah, I
  806. 24:47would do it again and again. I would do
  807. 24:49it again and again.
  808. 24:50>> Um, not only did we not touch our
  809. 24:52personal finances, which was a really
  810. 24:53big deal for me. Um,
  811. 24:54>> and we're not rich and we bought a
  812. 24:56laundromat. So,
  813. 24:57>> yeah. Like our number one rule has
  814. 24:59always been to not touch our personal
  815. 25:02finances, you know, and and keep that
  816. 25:04out of it and have everything generating
  817. 25:06from the income from the business.
  818. 25:08>> Yeah. The business pays for the
  819. 25:09business. We don't pay.
  820. 25:10>> Yeah. And so since since then, we've
  821. 25:12paid off those personal loans. We still
  822. 25:13do have the business loan. Um, but it
  823. 25:16it's worth it. You know, we uh just
  824. 25:18recently replaced the card system cuz
  825. 25:20that was a card only laundromat
  826. 25:22initially um with a very antiquated
  827. 25:25system.
  828. 25:25>> Sean, we can make a whole another
  829. 25:26podcast just for that alone.
  830. 25:29What we what the troubles we went
  831. 25:30through.
  832. 25:31>> A lot of trouble with that system.
  833. 25:32>> And and not only the trouble, but then
  834. 25:34you know when you buy a laundromat,
  835. 25:37people don't realize that your
  836. 25:38distributor is a big part of your
  837. 25:39laundromat. So,
  838. 25:41>> when you buy a laundromat, and I'm
  839. 25:43speaking to everybody out there that
  840. 25:44wants to buy one or is thinking about
  841. 25:45buying a laundromat, remember the
  842. 25:47distributor you have makes a big
  843. 25:49difference.
  844. 25:50>> Yes.
  845. 25:50>> If they don't answer your phone calls or
  846. 25:52or if you can't get somebody on the
  847. 25:54phone,
  848. 25:55>> that's going to be an issue for you. So,
  849. 25:57you know, you need to be out there and
  850. 25:58make sure you're doing your diligence.
  851. 26:00>> The YouTube videos did not prepare us
  852. 26:02for that when we got this little idea,
  853. 26:05you know, that turned into this um great
  854. 26:07big thing we're doing. uh it it didn't
  855. 26:09prepare us how important they really are
  856. 26:12and and how much you need to rely on
  857. 26:14them like you can't just
  858. 26:15>> call and say hey I want to order this
  859. 26:18particular you you generally can't do
  860. 26:21that so um that is one thing we did not
  861. 26:23know and we learned the hard way
  862. 26:25>> very hard and since then we have a new
  863. 26:27distributor of course but we've grown
  864. 26:30like I said in the last few years that
  865. 26:31we've had these businesses and and
  866. 26:33learned we also put laundry works in
  867. 26:35since then but we we've we've
  868. 26:37>> by Hey, we put those on business credit
  869. 26:39cards. Like we didn't put
  870. 26:40>> Yeah, we we didn't buy lunch works out
  871. 26:42of my money. I didn't have that money.
  872. 26:43I'm not rich. We're poor people. But um
  873. 26:45yeah, we we used it from from that. You
  874. 26:47are right. But yeah, I mean we we're
  875. 26:50growing and doing well.
  876. 26:51>> Edit out the poor people, please,
  877. 26:53Jordan. Edit out the word rich and poor
  878. 26:55people.
  879. 26:55>> Well, listen, we're going to keep it in
  880. 26:58because listen, this number one, I don't
  881. 27:01think you're as poor as you think you
  882. 27:02are. But number two is that is a
  883. 27:05temporary condition even if it was true.
  884. 27:07Cuz you guys I mean just I'm just
  885. 27:09listening to how you guys have gone
  886. 27:11through this and how you've like problem
  887. 27:12solved and the go-getterness and how
  888. 27:15you're taking care of your c like
  889. 27:18>> you know e even if it was true it's not
  890. 27:20going to be true for long because you're
  891. 27:21doing the things right and you're owning
  892. 27:23>> you're owning things. You're not using
  893. 27:25your own money to to acquire them.
  894. 27:28You're letting businesses pay for
  895. 27:29themselves. Yes.
  896. 27:30>> Uh, you know, it makes that makes some
  897. 27:31people nervous, you know, obviously like
  898. 27:34makes people nervous, but,
  899. 27:36>> uh, you guys are getting after it and
  900. 27:38you're making it happen and you're like,
  901. 27:39"Hey, we're working full-time jobs and
  902. 27:41we've got kids and we're fostering and
  903. 27:43we got a couple properties and a couple
  904. 27:45laundromats now." I mean, we haven't
  905. 27:46even gotten to the second one or even
  906. 27:48really into this first one too much. Uh,
  907. 27:50right. You got a lot going on, but
  908. 27:51you're
  909. 27:52>> you're getting after it, right? You're
  910. 27:54not trying to make it as passive as
  911. 27:55possible right now. You're you're
  912. 27:57working like you're working for it. So,
  913. 27:59>> and that's the thing that like we knew
  914. 28:02going into it that we weren't I mean I
  915. 28:06don't I don't mean to say it sounded
  916. 28:07like we weren't expecting a profit and I
  917. 28:09don't mean it like we weren't expecting
  918. 28:10to make money. I mean it like we weren't
  919. 28:12expecting to take a paycheck home from
  920. 28:14these at least in the beginning and we
  921. 28:17knew that and we like we reinvest
  922. 28:19everything that we have back into the
  923. 28:21business.
  924. 28:22>> We take something but it's not huge.
  925. 28:23>> We take a very little amount. we think
  926. 28:25so
  927. 28:26>> um every month and uh you know
  928. 28:29everything else gets reinvested back
  929. 28:31into the business and when we chose to
  930. 28:34do it that way with the financing we
  931. 28:35knew that so you know this was a long
  932. 28:37play this is not
  933. 28:39>> was yeah
  934. 28:40>> I think so so often people want instant
  935. 28:43gratification in life and they just
  936. 28:45instantly want to become rich or they
  937. 28:47instantly want to have businesses or
  938. 28:49they instantly want to be a success and
  939. 28:51that's just not real life
  940. 28:52>> that's that that's why we're here to say
  941. 28:54to the people are trying to go out there
  942. 28:56and buy a laundromat or or two like we
  943. 28:58did.
  944. 28:58>> It's not going to be you're a
  945. 29:00millionaire tomorrow. It's it's going to
  946. 29:01take time to build your brand and, you
  947. 29:03know,
  948. 29:03>> do the
  949. 29:04>> build the customers trust.
  950. 29:05>> Exactly.
  951. 29:06>> Build the brand.
  952. 29:08>> Yes.
  953. 29:08>> You know, develop that relationship,
  954. 29:10attract the customers. Um
  955. 29:12>> remember that your distributor means a
  956. 29:14lot when you go into the business. You
  957. 29:15you have to make sure your distributor
  958. 29:16is make sure you work with him. make
  959. 29:18sure that you know it's going to be a
  960. 29:19good connection for you and a good fit
  961. 29:20for you as well because you're paying
  962. 29:22out all that money, but also you can't
  963. 29:24do much without a distributor to help
  964. 29:25you and and making sure you know your
  965. 29:28equipment. I mean, we didn't know that
  966. 29:30when we started that. We didn't know
  967. 29:30anything about our equipment or what to
  968. 29:32buy or how it works. I mean, now now do
  969. 29:34I know, right? I mean, can I fix my
  970. 29:36dryer rollers? Of course I can. Can I
  971. 29:38fix a pump on a washer and a belt? Yeah.
  972. 29:40Can I fix a door and a bezel? And I
  973. 29:42could do so many things to put a fill
  974. 29:44valve in. Sure. But I didn't know any of
  975. 29:45that stuff when I first started. And
  976. 29:47there wasn't a lot of people out there
  977. 29:48willing to help me to learn that stuff.
  978. 29:49>> And I always tell him like when he gets
  979. 29:51nervous, you know, because naturally he
  980. 29:54gets nervous because it's our equipment
  981. 29:55and he's like, "Oh my gosh, what if I
  982. 29:57>> I don't want to mess something up. I
  983. 29:58mean, you paid $500 for the part alone,
  984. 29:59Jordan."
  985. 30:00>> Yeah, I know. Bucks.
  986. 30:02>> And I agree with what he's saying, but
  987. 30:04at the end of the day, I always try to
  988. 30:06tell him like that's not our personal
  989. 30:07problem. That's Laundry Lane's problem,
  990. 30:09right? And look at it. I
  991. 30:11compartmentalize. Like that is the
  992. 30:13business's problem. And although we are
  993. 30:15controlling the business,
  994. 30:17>> that's their problem. Um, and so, you
  995. 30:19know, if you make a mistake and you
  996. 30:21don't fix it right the first time, it's
  997. 30:23f you, we'll just get it right next
  998. 30:25time, you know, like, and I told him,
  999. 30:27you know, he he has a maintenance
  1000. 30:28background. So, he I told him like, did
  1001. 30:31you know how to do everything in
  1002. 30:32maintenance before? No, you broke a lot
  1003. 30:33of stuff first.
  1004. 30:35>> That's not going
  1005. 30:37>> now. And yeah, and I mean, now being on
  1006. 30:40this podcast with you, Jordan, which is
  1007. 30:41fantastic. maybe I could help somebody
  1008. 30:44else if if they need some some kind of
  1009. 30:46advice on fixing something or they could
  1010. 30:48pick up, you know, and call us or or
  1011. 30:50email us. Maybe I could help them in
  1012. 30:52some way so I can make them successful
  1013. 30:54as well as us or the finance side with
  1014. 30:56my wife. So because she's so savvy at
  1015. 30:59how she buys things and now we have two
  1016. 31:01companies. We have Laundry Lane and
  1017. 31:02Quick Lane Rentals. So we didn't want
  1018. 31:04Quick Lane Rentals. We just it just came
  1019. 31:06about. So now we have
  1020. 31:08>> any money for that one either.
  1021. 31:09>> Right. Exactly. We didn't buy that that
  1022. 31:11company either with our money. I mean,
  1023. 31:12it's just that's what my wife is. She's
  1024. 31:14good with finances, right? So, you know,
  1025. 31:16and with my background and her
  1026. 31:18background, it just meshes so well. It's
  1027. 31:20like when you had
  1028. 31:20>> we have our own roles.
  1029. 31:21>> We do. It's like when you had Kelly and
  1030. 31:23Joanne on here, right? With great
  1031. 31:25people. We met them at the wash rifle.
  1032. 31:27They they're like kind of like us. We
  1033. 31:28have our own departments. You know what
  1034. 31:29I mean? So,
  1035. 31:31>> with being a wife and husband tag team,
  1036. 31:32it works really well for us. We're very
  1037. 31:34fortunate to have each other.
  1038. 31:36>> Yeah. I mean, that it's a killer one-two
  1039. 31:38punch, right? I told those guys that
  1040. 31:40Luke and Lee Willilifford have that as
  1041. 31:41the the Willilifford brothers.
  1042. 31:43>> They've got that. And you know, I' I've
  1043. 31:45said this before, but it's like the uh
  1044. 31:47the book Rocket Fuel um by Gino Wickman.
  1045. 31:50And it talks about how if you've got
  1046. 31:52somebody who's kind of orchestrating
  1047. 31:55everything and then somebody who's
  1048. 31:57getting after it and actually getting
  1049. 31:59their hands dirty and doing the stuff
  1050. 32:01like you're you got a powerful one two
  1051. 32:03punch is going to be tough to tough to
  1052. 32:05beat. Um there you guys got that uh for
  1053. 32:08sure in spades.
  1054. 32:10>> Um
  1055. 32:11>> I mean we have that like in our it's it
  1056. 32:13goes back to like home life because our
  1057. 32:15home life and our work life intersect a
  1058. 32:17lot you know um and you were saying like
  1059. 32:19is that a good thing or a bad thing and
  1060. 32:21it depends on the day right because
  1061. 32:22sometimes we get really passionate about
  1062. 32:24it but it's like at home you know like
  1063. 32:26we have certain things like like we have
  1064. 32:29certain roles and duties and you know
  1065. 32:30when one person can't handle it we tap
  1066. 32:32the other one in and we do the same
  1067. 32:34thing at the business. Um, you know, at
  1068. 32:36the end of the day, it's it's making
  1069. 32:38sure that the business is running
  1070. 32:39smoothly, that the customers are happy,
  1071. 32:40that the laundromat's clean, which I
  1072. 32:43know we keep saying it, but it really is
  1073. 32:44such an important part. Um, and I think
  1074. 32:47everybody kind of knows that by now, but
  1075. 32:49>> and we want our machines up and running.
  1076. 32:50I mean, a big part in a laundromat when
  1077. 32:52you walk in, Jordan, is I don't want
  1078. 32:54every one of my machines to be down with
  1079. 32:55a sign on them. I want them to be up and
  1080. 32:57running and
  1081. 32:58>> sparkly clean and ready to go. I mean,
  1082. 33:00not only am I losing money, but it looks
  1083. 33:01bad for your your business when you're
  1084. 33:02walking in seeing that. So, for me to
  1085. 33:04know how to fix stuff, it's it's
  1086. 33:06detrimental for me because for my
  1087. 33:08business, I want to make sure when you
  1088. 33:09walk in the laundry lane, you're saying,
  1089. 33:10"Wow, look at this place. It's clean and
  1090. 33:13everything's running. All my machines
  1091. 33:15are up and running and go, ready to go."
  1092. 33:16You know? So, those those those couple
  1093. 33:19things make a big difference, I feel,
  1094. 33:20when you walk into a laundromat.
  1095. 33:23>> Yeah. Huge. I mean, they're very simple
  1096. 33:26things, but it Yeah, it's you know, it
  1097. 33:28can be tough. like you have a whole
  1098. 33:29bunch of machines, you got a couple
  1099. 33:30locations. It can be tough to keep
  1100. 33:32everything up and running and
  1101. 33:34>> balancing all that plus all the other
  1102. 33:36things going on in life and stuff, but
  1103. 33:38like you said, like what I love about
  1104. 33:41what you guys are saying is like you've
  1105. 33:42got your eyes on the prize, right? And
  1106. 33:44you know kind of what's important and
  1107. 33:47you're taking care of business, you
  1108. 33:48know, the the important things um
  1109. 33:51>> you know, with it. And I mean again,
  1110. 33:53like I think that that's why you've had
  1111. 33:55the success that you've had already uh
  1112. 33:57building your business and why you're
  1113. 33:58going to continue to have that success
  1114. 34:01um going forward. Okay. Wait, I need to
  1115. 34:03I need to back us up again and keep
  1116. 34:06running ahead. I need to back us up. So
  1117. 34:08Laundry Lane is your brand. Did you
  1118. 34:10implement that right away?
  1119. 34:12>> Yes.
  1120. 34:12>> Uh when you when you bought the
  1121. 34:14business?
  1122. 34:15>> Yes. So we like as soon as I think like
  1123. 34:19the night we decided we were going to
  1124. 34:20buy it right is when we started
  1125. 34:22brainstorming
  1126. 34:22>> the night you decided that you guys were
  1127. 34:24going to buy it.
  1128. 34:26>> The night that I called,
  1129. 34:29>> hey, you're stuck in that. And I hear
  1130. 34:30that theme often with you that the wives
  1131. 34:32are always the uh instigators with
  1132. 34:35>> my wife was the instigator. Yeah.
  1133. 34:38>> I feel your pain, George. I know she has
  1134. 34:40these ideas and you got to go make them
  1135. 34:42happen.
  1136. 34:44So, I think we were like we were talking
  1137. 34:46about different names, right? We were we
  1138. 34:48were kind of like in a brainstorming
  1139. 34:49session about different names and um
  1140. 34:53knowing some of the problems that there
  1141. 34:56was like people hanging out and you know
  1142. 34:59uh you know not doing laundry. Um we
  1143. 35:01were kind of like okay like what's going
  1144. 35:02to make them want to get in and get out
  1145. 35:05respectfully um come in, get your
  1146. 35:08laundry done and respectfully leave
  1147. 35:10right after. lane. The quickest way to
  1148. 35:11do your lunch. That's
  1149. 35:13>> right.
  1150. 35:13>> So, we came up with the name
  1151. 35:15>> police car on it like almost
  1152. 35:17>> I know.
  1153. 35:18>> Yeah.
  1154. 35:18>> So, we were when we when we came up So,
  1155. 35:20we were naming a bunch of different
  1156. 35:22names. We came up with that name and we
  1157. 35:23both were like, "Oh." And I was like,
  1158. 35:25"Wait, I think our logo, you know,
  1159. 35:27here's
  1160. 35:28>> drew our logo. Actually,
  1161. 35:29>> I took this very terrible sketch. Um I'm
  1162. 35:32not good at drawing at all." Um, and so
  1163. 35:34I I took a terrible sketch and I I drew
  1164. 35:36it on my phone and I said, "What if it
  1165. 35:38was like a washing machine but like with
  1166. 35:40wheels?" And he was like, "Oh my god, I
  1167. 35:42love that." And I was like, "All right."
  1168. 35:44So, uh, so when we, so yes, to answer
  1169. 35:47your question, we launched it right
  1170. 35:48away. We went right into it. Um, so like
  1171. 35:50the day after we or maybe it was a
  1172. 35:53couple
  1173. 35:53>> girl does our accounting, her sister
  1174. 35:55actually works in a sign company.
  1175. 35:57>> Yeah.
  1176. 35:57>> So it's a lot. We got very fortunate. We
  1177. 35:59knew enough people that it it
  1178. 36:01>> Yeah.
  1179. 36:01>> We got lucky. It was like a good network
  1180. 36:03of connections and people are always
  1181. 36:05very willing to tell you, hey, I know
  1182. 36:06this person that can assist you with
  1183. 36:08that. And um so I told them, please
  1184. 36:11don't make fun of me. I'm going to send
  1185. 36:12you this terrible drawing, but like can
  1186. 36:14you bring this vision to life? And then,
  1187. 36:16you know, we went back and forth
  1188. 36:18>> about the specifics of it. And then we
  1189. 36:20finalized our our design. And then
  1190. 36:22>> that has been something that we've stuck
  1191. 36:24with as far as our brand. Like we put it
  1192. 36:26on everything. We bought shirts and we
  1193. 36:29>> around the neighborhoods
  1194. 36:31>> benches there with our sign that says
  1195. 36:32lingerine on it.
  1196. 36:33>> Yeah. Like a way to advertise, you know,
  1197. 36:36>> signs at the end by where we live even.
  1198. 36:37We have a big sign there.
  1199. 36:39>> So yeah, we we it the walls were painted
  1200. 36:41green inside. That's where all these
  1201. 36:43ugly green shirts came from. But yeah,
  1202. 36:46was actually because the walls were
  1203. 36:48green inside the store. So
  1204. 36:49>> So that was one thing. Again, we didn't
  1205. 36:50do a renovation. That was like the
  1206. 36:52walls. Let's go with it.
  1207. 36:54>> So I repainted. Of course, we didn't
  1208. 36:56want to have to buy a bunch bunch of new
  1209. 36:57stuff. We really strapped our We didn't
  1210. 36:59know, like you said, Jordan, like we
  1211. 37:01like, yes, obviously, we dove into the
  1212. 37:03financials. We did what we could, but
  1213. 37:04you never actually know, right? You
  1214. 37:06don't actually know is it going to
  1215. 37:09>> produce the way that they're saying it
  1216. 37:10does or, you know, maybe maybe we might
  1217. 37:12not know what we're doing and maybe it
  1218. 37:14might go south. So, we're trying to put
  1219. 37:16as little into it as possible and
  1220. 37:19>> paint does a lot for you, Jordan.
  1221. 37:20Believe me, it makes fun. I'm always on
  1222. 37:23it and I'm not afraid to go in there and
  1223. 37:25paint on a s like a Saturday night or
  1224. 37:27later on at night I'll go in and I'll
  1225. 37:28touch with the white paint cuz I think
  1226. 37:29it looks dirty in there and painting. He
  1227. 37:31fiddles around with his brush.
  1228. 37:34>> I want my store to be nice and clean
  1229. 37:35looking when I like I said it I want you
  1230. 37:38to be impressed when you come to my my
  1231. 37:39store. I mean it where we are in the
  1232. 37:42first store is in a tough neighborhood.
  1233. 37:43It really is. And you wouldn't think
  1234. 37:45that store would look like that in a
  1235. 37:46tough neighborhood. But I'll tell you
  1236. 37:47what it does. It does look like that in
  1237. 37:49a tough neighborhood because
  1238. 37:50>> to say like like we you know even now
  1239. 37:53our customers will like take care of
  1240. 37:55things for us. Like we were just in the
  1241. 37:57store the other day and and a customer
  1242. 37:58was like, "Oh, hey, there was somebody
  1243. 37:59that was trying to vape in here and
  1244. 38:00another customer told them not to." And
  1245. 38:02I was like, "Oh, good. I'm glad they I'm
  1246. 38:03glad they took care of it."
  1247. 38:05>> Self policing. Yeah.
  1248. 38:06>> When we got a new um distributor, they
  1249. 38:09were at the store the one time with me.
  1250. 38:10George wasn't there. And um I went into
  1251. 38:13the back into like the employee only end
  1252. 38:15area and one of our customers was like
  1253. 38:17hey you can't you know the vendor was
  1254. 38:18following me and the customer was like
  1255. 38:20you can't go back there. They they were
  1256. 38:22concerned about me and having you know
  1257. 38:25and
  1258. 38:25>> this random person going in the back.
  1259. 38:27>> Yeah. And and they were like no it's
  1260. 38:28okay. So I came out and I told them hey
  1261. 38:29you know this this is my vendor
  1262. 38:31whatever. But
  1263. 38:31>> he's a new vendor. Yeah.
  1264. 38:32>> They um they really like take care of
  1265. 38:36things themselves and then they do call
  1266. 38:37us when there's things you know and we
  1267. 38:39see it on the cameras. We're still doing
  1268. 38:40all the things, right? But as far as
  1269. 38:42branding, we put our logo on everything.
  1270. 38:44Um, all of our advertisements, we put it
  1271. 38:47on our window, we put it on our signs,
  1272. 38:49we put it on all of our socials.
  1273. 38:51>> Um, we want really want to create that
  1274. 38:53brand recognition with our logo because
  1275. 38:56very much in this area, everybody's just
  1276. 38:58laundromat.
  1277. 38:59>> There's I I mean, I I I'll say this like
  1278. 39:02so I'm blue in the face. There's a lot
  1279. 39:03of blue in laundromats and bubbles.
  1280. 39:05That's all I'm going to say.
  1281. 39:07and I have a lot of wheels. So, you
  1282. 39:09know, mine are green. So, that's the
  1283. 39:11reason why we stood out. I thought I
  1284. 39:12thought that would be a great idea. And
  1285. 39:14actually, my wife came up and like I
  1286. 39:15said, I think that
  1287. 39:16>> Well, we were brainstorming. It wasn't
  1288. 39:17just me. Like, we were we were kind of
  1289. 39:19like bouncing off of each other and then
  1290. 39:20like, you know, then I was like, "Oh,
  1291. 39:22let's do this, you know, with my
  1292. 39:24terrible drawing." So,
  1293. 39:25>> yeah, it worked out. It worked out for
  1294. 39:26me. I liked it.
  1295. 39:27>> It's much better. This is definitely the
  1296. 39:28refined version.
  1297. 39:29>> Yeah.
  1298. 39:30>> I think you need to like print off that
  1299. 39:32sketch that you that you made and hang
  1300. 39:34it up somewhere.
  1301. 39:35>> I think I still have it. You should do
  1302. 39:37that.
  1303. 39:37>> That's a good idea. Yeah, you should.
  1304. 39:38>> First $10 we ever made. Um because we
  1305. 39:42were we were a card operated store and
  1306. 39:45so when we saw a customer, you know,
  1307. 39:46that first day we were there all day and
  1308. 39:48then we saw the customer make the first
  1309. 39:49purchase. We went in the back real quick
  1310. 39:51and we're like
  1311. 39:52>> it's our first $10, you know, so we
  1312. 39:55still have that 10.
  1313. 39:55>> And now look where we are, Jordan. We're
  1314. 39:57on the podcast.
  1315. 39:58>> Now look at you
  1316. 40:00love
  1317. 40:03so conscious be on this podcast. You
  1318. 40:04have no idea. Uh man, you're
  1319. 40:07>> I listen to this every day going to
  1320. 40:08work. So for me it's amazing.
  1321. 40:10>> And my wife's the one that turned me on
  1322. 40:11to it. She's like, you know, do do you
  1323. 40:12listen to the podcast? I'm like, what
  1324. 40:13podcast? Maybe you can learn something.
  1325. 40:15And I was like, wow. I'm like, yeah,
  1326. 40:17definitely I'll listen to it. If I could
  1327. 40:18learn something, I definitely will.
  1328. 40:19>> It helps too when there's something that
  1329. 40:21I say he should be doing and then like
  1330. 40:23somebody else says it and so I'll send
  1331. 40:25him that particular episode because we
  1332. 40:27don't like listen to it together. It is
  1333. 40:29something that we usually do
  1334. 40:30individually. And um because I like to
  1335. 40:33listen to it on full speed where like
  1336. 40:34everyone is talking to you like Yeah.
  1337. 40:37>> Yeah. Yeah. Yeah.
  1338. 40:38>> Trying to listen to it at regular speed.
  1339. 40:40So he gets annoyed with that. So we do
  1340. 40:42our own thing. But um I'll send him a
  1341. 40:43clip and be like, "Hey, this person said
  1342. 40:45you should be doing that thing I've been
  1343. 40:46telling you about. Maybe you should
  1344. 40:48start doing it."
  1345. 40:49>> Yeah. Yeah. It's been helpful though. It
  1346. 40:52has been helpful.
  1347. 40:54>> Yeah. That's awesome. That's That's
  1348. 40:56hilarious though. Well, thank you guys
  1349. 40:57for listening. I appreciate that.
  1350. 40:59>> Yeah.
  1351. 40:59>> U Okay. So, going back to your first
  1352. 41:01one, we haven't even got to the second
  1353. 41:03one yet, really, but the first one,
  1354. 41:06I'm assuming that didn't have you guys
  1355. 41:08are doing uh wash and fold now. Is that
  1356. 41:11right?
  1357. 41:12>> So, we're actually getting into wash,
  1358. 41:13dry, fold, so that was one thing. It
  1359. 41:14didn't have it.
  1360. 41:15>> It doesn't.
  1361. 41:16>> Yeah, I was going to ask. Okay.
  1362. 41:17>> Yeah. So, it was just only self-s serve
  1363. 41:19and then for a while because we had so
  1364. 41:22much going on, we scaled kind of
  1365. 41:24quickly, you know, I think we were
  1366. 41:26thinking, okay, we're just going to
  1367. 41:27stick with self-s serve for now. like
  1368. 41:30we're just gonna go with that. It's like
  1369. 41:31the path of least resistance.
  1370. 41:33>> Um and then as we've been trying to look
  1371. 41:36for other deals, it's just the like our
  1372. 41:38area is not like in LA or New York City
  1373. 41:40or you know there there's not that many
  1374. 41:43laundromats. Um and people don't get rid
  1375. 41:45of them very quickly. Um we just got
  1376. 41:48lucky with the the same owner.
  1377. 41:50>> Very fortunate. Yeah. Great guy, I might
  1378. 41:51add.
  1379. 41:52>> Yeah. Fantastic. Um and I would do
  1380. 41:54business with him again and again. He
  1381. 41:56really was truthful in in everything he
  1382. 41:58had.
  1383. 41:58Um, but as we've looked for more, you
  1384. 42:01know, we we've tried to expand our
  1385. 42:03portfolio. And as we've looked for more,
  1386. 42:04we kind of looked at each other one time
  1387. 42:05and we were like, why don't we just
  1388. 42:07expand what we have? Like, let's try to
  1389. 42:10like expand what we have right now
  1390. 42:11rather than trying to go out and get
  1391. 42:13more and then, you know, going through
  1392. 42:15the same process we've gone through
  1393. 42:16before. So, we're actually going to skip
  1394. 42:18the wish wash dryfold and we're going to
  1395. 42:20go right to pickup and delivery. um
  1396. 42:22because not many people are doing that
  1397. 42:23in our area and we want to offer
  1398. 42:26something that you know others aren't.
  1399. 42:28Um and we have a lot of people that use
  1400. 42:30like Door Dash and Uber. Not that we're
  1401. 42:33going that route with it. We're just
  1402. 42:34kind of relating the fact that people
  1403. 42:36love the convenience of getting it
  1404. 42:38picked up. You know, if I don't have to
  1405. 42:40do my laundry and then it's going to get
  1406. 42:41picked up for me and then drops back off
  1407. 42:43to me. I mean, that's a a really big
  1408. 42:45draw. And I know you say all the time on
  1409. 42:46the podcast how like pickup and delivery
  1410. 42:48is really changing the game. So, that's
  1411. 42:50pretty much where we got the idea to be
  1412. 42:52like, "Hey, why are we not doing this?
  1413. 42:54Why aren't we jumping into this?" So,
  1414. 42:56we've been trying to learn more about
  1415. 42:57it. Um, this is kind of one of those
  1416. 42:58things that we spent probably more time
  1417. 43:01figuring out what we're going to do with
  1418. 43:03rifle.
  1419. 43:03>> I think I think we're dragging I think
  1420. 43:05we're dragging our feet too much. I
  1421. 43:07think we're guessing it too much. I
  1422. 43:08think we just have to go out there and
  1423. 43:09just do it. That's what we're going to
  1424. 43:10do.
  1425. 43:10>> We're going to get started in January.
  1426. 43:12January, we're going out and doing it
  1427. 43:13and we're just going to do what we got
  1428. 43:14to do because it if you wait too long
  1429. 43:18and try to do something, it's going to
  1430. 43:19pass you by. I think it's time for us to
  1431. 43:21>> just get out there and do it.
  1432. 43:22>> Like we when we when we said we were
  1433. 43:24going to buy the laundromat, we just
  1434. 43:25jumped right in. Like we just did it.
  1435. 43:27And then we didn't we're not doing that
  1436. 43:29with the with the pickup and delivery
  1437. 43:30size. So, we've decided to get into it,
  1438. 43:32but we needed like a website. Um which,
  1439. 43:35you know,
  1440. 43:35>> yeah, actually we met the guys at the uh
  1441. 43:39the wash drive, the guys that are doing
  1442. 43:40our our website. That's where we met
  1443. 43:42them at was the last dryfall.
  1444. 43:43>> Yeah. So, our website's just about ready
  1445. 43:45to launch. We have to do a couple more
  1446. 43:47revisions on it. Um and then we're going
  1447. 43:49to we're going to finally get started.
  1448. 43:51Um but we're going to do per bag pricing
  1449. 43:53is what we're we're planning on doing
  1450. 43:55because
  1451. 43:55>> we're going to try to make it simple.
  1452. 43:57>> Yeah.
  1453. 43:57>> See how it works out for us.
  1454. 43:58>> That's the angle we want to play. We We
  1455. 44:00own everything in our business now. Like
  1456. 44:02we own the vending machines,
  1457. 44:03>> the vending machines.
  1458. 44:04>> We own the um property. We own the
  1459. 44:06business. So,
  1460. 44:07>> we're fortunate.
  1461. 44:08>> We want to have full control over
  1462. 44:09everything. we're going to hire a
  1463. 44:11driver. Um,
  1464. 44:13>> employ our employees already in place.
  1465. 44:15>> And again, networking, going to the
  1466. 44:17events that they have out there. I think
  1467. 44:19it it's like having a small family of
  1468. 44:22ownersh
  1469. 44:23>> and a lot of owners are, you know, at
  1470. 44:26those events are willing to help you.
  1471. 44:28And we're one of the we're we're we're
  1472. 44:29them people. I mean, we're definitely
  1473. 44:30going to help as many people as we can.
  1474. 44:32>> I think that like it differentiates the
  1475. 44:35type of owners though, right? like did
  1476. 44:37we have money to participate in those
  1477. 44:39events? Not necessarily, right? Um
  1478. 44:42because we're still little and we're
  1479. 44:43still paying off loans, like I said. I
  1480. 44:45mean, we're being fully transparent in
  1481. 44:46that. Like, if we're not rolling in the
  1482. 44:48dough, bathing in in money every night,
  1483. 44:50you know, like and and
  1484. 44:52>> not yet.
  1485. 44:53>> Not Not yet.
  1486. 44:54>> Scrooge McDuck is coming for you,
  1487. 44:56though. I I feel it.
  1488. 44:57>> We're manifesting it. Um but, you know,
  1489. 45:00we decided that that was a really
  1490. 45:01important investment for us to get
  1491. 45:03around like-minded people. to get around
  1492. 45:05people that are doing the things that we
  1493. 45:07want to do and be around people that are
  1494. 45:08just way more successful.
  1495. 45:10>> Going to the wash drive. I think those
  1496. 45:12things
  1497. 45:13>> helped us enormously. Meeting the people
  1498. 45:16and meeting the people that are there in
  1499. 45:17those shows and at those places,
  1500. 45:20>> it was worth every dollar we spent
  1501. 45:22because those folks I can pick up the
  1502. 45:24phone and call somebody tomorrow that I
  1503. 45:25know that's doing a fantastic job in
  1504. 45:26their businesses and
  1505. 45:27>> they're willing to help me. It's it's
  1506. 45:29like having a small family. I mean,
  1507. 45:32>> my advice to anybody that's out there
  1508. 45:34and they're getting into the business
  1509. 45:35new, definitely do the networking.
  1510. 45:38Definitely spend the extra money if you
  1511. 45:39have to to go out to those those events.
  1512. 45:41>> I mean, who wouldn't want to be in a
  1513. 45:42room of people that are doing better
  1514. 45:43than you? You aspire to
  1515. 45:45>> so successful.
  1516. 45:46>> Like we look at them and we're like, "Oh
  1517. 45:47my god,
  1518. 45:49>> that's so you know, like we're like
  1519. 45:51fangirling over these people and like
  1520. 45:53because we know that they're successful.
  1521. 45:55We know that they started in the
  1522. 45:56business and maybe they had time or you
  1523. 45:59know they had
  1524. 46:00>> they had similar issues and then now
  1525. 46:02they're killing it and they're sharing
  1526. 46:04their advice and they're speaking at the
  1527. 46:06events. You know like that's the type of
  1528. 46:08stuff that we're aspiring to be. We want
  1529. 46:10to we want to be there. We want to
  1530. 46:12inspire others. We want to share our
  1531. 46:14passion for this business and tell
  1532. 46:16everybody how great laundry is.
  1533. 46:19>> That's right. That's right.
  1534. 46:21>> Yeah. Join join us uh weirdos out here.
  1535. 46:24uh just loving laundry and
  1536. 46:27>> talking laundry all day. I know. I know.
  1537. 46:29But it is it is I mean that's it is so
  1538. 46:32true you know that you know these
  1539. 46:35>> because people like you will come on
  1540. 46:37like a podcast or sit on a panel or
  1541. 46:39something like that and just share your
  1542. 46:41stories and share your lessons like it
  1543. 46:42it is inspiring and it is a way to kind
  1544. 46:46of shortcut that growth. Like I'm I'm
  1545. 46:48sure I mean you guys have shared a
  1546. 46:50little bit of some of the tough lessons
  1547. 46:52you've had to learn. uh along the way.
  1548. 46:55I'm sure there's I'm sure there's more
  1549. 46:57of them uh as well. Yeah. U but man, I
  1550. 47:00mean I one of the benefits of this and
  1551. 47:03why why I started the podcast is that I
  1552. 47:05like firmly believe that if we share
  1553. 47:09information with each other, we're all
  1554. 47:11going to get better much faster and we
  1555. 47:12can go farther faster.
  1556. 47:15>> I agree and better together. And and I I
  1557. 47:17really it's just such a motivator. like
  1558. 47:19we went, you know, when we've gone to
  1559. 47:21these events, then we're like, we need a
  1560. 47:23website. What are we doing? You know,
  1561. 47:25like you said, like at some point things
  1562. 47:28that everyone's been saying that we
  1563. 47:29should be doing finally just click and
  1564. 47:32then we're like, we need to do that.
  1565. 47:33Let's do that.
  1566. 47:34>> And you know, I've listened to your
  1567. 47:35podcast before where you say there's
  1568. 47:37enough for all of us.
  1569. 47:38>> Yes.
  1570. 47:38>> And and I go by what you say. Like I've
  1571. 47:40heard you say that many of times on a
  1572. 47:41podcast. Like there's enough for all of
  1573. 47:42us. So
  1574. 47:43>> I agree.
  1575. 47:44>> We're not those owners. Like we're we're
  1576. 47:46happy for you. I mean, if we can help
  1577. 47:47you down the road, we'll help you.
  1578. 47:48Actually,
  1579. 47:49>> I'm saying we're not afraid to help.
  1580. 47:50We'll help.
  1581. 47:51>> Our Edwardsville location, there's like
  1582. 47:53three other stores.
  1583. 47:54>> You know, I said we're not LA, we're not
  1584. 47:56New York, but really there's three of us
  1585. 47:57in a very small what probably like a two
  1586. 47:59mile radius and every one of us have our
  1587. 48:02own kind of customer.
  1588. 48:03>> Yeah. Right. Like, and and I'm happy for
  1589. 48:05them. I mean, if we could help them in
  1590. 48:07any way, I would. I don't know if they
  1591. 48:08would be the same way as us, but of
  1592. 48:09course, if I could help somebody
  1593. 48:11>> Yeah.
  1594. 48:12>> only because I've been through the
  1595. 48:13struggle to get where we are, you know?
  1596. 48:16>> Yeah. Knowledge in itself just really
  1597. 48:18helps propel you though. I I feel like
  1598. 48:20if you can educate yourself on the the
  1599. 48:22machines, the equipment, a distributor,
  1600. 48:25>> if you save any money, do it
  1601. 48:26>> dayto-day. I mean, we we created a
  1602. 48:28checklist for our employees. Yeah.
  1603. 48:30>> Um which, you know, SOPs are talked
  1604. 48:32about a lot. Um making sure that there's
  1605. 48:35something that's, you know, everybody's
  1606. 48:36following. That's helped a lot.
  1607. 48:38>> Um
  1608. 48:40>> just different things that help you get
  1609. 48:41to the point where you're like, "Okay,
  1610. 48:43we kind of know what we're doing."
  1611. 48:45>> Yeah. Yeah. Yeah.
  1612. 48:48>> Yeah. Well, and I I don't want to gloss
  1613. 48:49over uh I mean, you you guys are
  1614. 48:52starting to go down a path that I think
  1615. 48:54is huge. Uh and it's it's something that
  1616. 48:59it's it's one of the in in my view from
  1617. 49:01my perspective one of the
  1618. 49:03differentiators between people who you
  1619. 49:06know make progress and people who don't
  1620. 49:08is that you know you were kind of
  1621. 49:09talking about starting that wash and
  1622. 49:10full of business and how feel like
  1623. 49:12you're sort of dragging your feet a
  1624. 49:14little bit getting in research mode you
  1625. 49:16know kind of that that type thing and
  1626. 49:19you know one one of our you know at
  1627. 49:21launder research right like one of our
  1628. 49:22values is default to action right like
  1629. 49:25it's the it's you got to you got you got
  1630. 49:28to learn, you got to do some research,
  1631. 49:29you've got to do some prep work, you
  1632. 49:32know, you got to have the website and
  1633. 49:33the software in place and like all that
  1634. 49:34stuff. Um, so I'm not putting that down.
  1635. 49:37I'm not saying you don't have to do any
  1636. 49:39research, but
  1637. 49:41most of the time we don't start acting
  1638. 49:44nearly soon enough, right? And that's
  1639. 49:46something that you guys have done really
  1640. 49:48well
  1641. 49:48>> is you've jumped in and you've taken the
  1642. 49:51action and that's
  1643. 49:52>> how you like got lucky, you know, having
  1644. 49:55a couple locations, a couple properties
  1645. 49:57now, you know, you're building this wash
  1646. 50:00and fold business here and it's it it
  1647. 50:04all started because you you jumped in,
  1648. 50:06you took the action, right?
  1649. 50:07>> Exactly.
  1650. 50:07>> Awesome. I don't want to go
  1651. 50:09>> kind of walked in since we brought it up
  1652. 50:11on the podcast. Now we can't come back
  1653. 50:12like we have to do it. So,
  1654. 50:14>> you have to. Yeah,
  1655. 50:17>> that's right. That's right. Put the put
  1656. 50:19the pressure on.
  1657. 50:20>> I think we got to go.
  1658. 50:21>> No. Yeah, we we we just needed to kind
  1659. 50:24of get some logistics together. And when
  1660. 50:26we kind of first came up with the um
  1661. 50:28with the thought of it, we were still
  1662. 50:30doing everything. I mean, we were still
  1663. 50:32cleaning the stores. Um you know, every
  1664. 50:35aspect of the business. And it's like
  1665. 50:36there's only so much we can handle.
  1666. 50:38Like, we only have so much capacity. Um,
  1667. 50:41which is why it took us a bit longer
  1668. 50:43than I would like just because we just
  1669. 50:45have so much capacity and and we were
  1670. 50:47full. So, being able to finally hire
  1671. 50:49employees and get that cleaning off and
  1672. 50:51like offloading some of the duties that
  1673. 50:53I don't necessarily don't require my
  1674. 50:55level of attention, we can start moving
  1675. 50:57on to different things now.
  1676. 51:00>> Yeah. Well, and and that's huge, right?
  1677. 51:02is the every stage of business that you
  1678. 51:05go through like the skills and the
  1679. 51:08energy that you have for that the way
  1680. 51:12you're doing business now don't
  1681. 51:14necessarily translate right. So you've
  1682. 51:16got to have some systems in place if
  1683. 51:18you're going to scale to do a pick them
  1684. 51:19and delivery. You've got to have some
  1685. 51:21employees in place if you're going to
  1686. 51:22scale to do a pick and delivery. Like
  1687. 51:24you you can't do everything on your own
  1688. 51:26and nor should you do everything on your
  1689. 51:28own. I bet you didn't buy the business
  1690. 51:29so you could do everything on your own
  1691. 51:31either.
  1692. 51:32>> Um, you know, for a time maybe, but but
  1693. 51:35long term that's not the goal, right?
  1694. 51:36And the business has to grow and evolve
  1695. 51:40as
  1696. 51:41>> as you grow and evolve personally and
  1697. 51:43also as as a company,
  1698. 51:45>> right?
  1699. 51:46>> Which is exactly what you're doing. So,
  1700. 51:48pretty pretty cool. Um, okay. So, you've
  1701. 51:51got the second location now u from the
  1702. 51:54same the same owner and you kind of
  1703. 51:56talked a little bit about how you got
  1704. 51:58that. What about what about the actual
  1705. 52:00acquisition? Did you do something
  1706. 52:01similar again where you did a a bank
  1707. 52:04loan in a um Oh, no. You bought the
  1708. 52:06property for that one, right? And then
  1709. 52:09>> inherited.
  1710. 52:11>> Yep. So, we bought the we bought the
  1711. 52:12first laundromat first and then we got
  1712. 52:14the uh properties uh second. So, we
  1713. 52:16bought both of them the same day. Um,
  1714. 52:19despite my husband's hesitation,
  1715. 52:22>> we had the first line out first, then we
  1716. 52:23bought the two buildings.
  1717. 52:25>> But when we bought the two buildings,
  1718. 52:26>> how did you finance the buildings, by
  1719. 52:28the way?
  1720. 52:28>> So, that was like a mortgage. Um, we
  1721. 52:30went commercial mortgage for that
  1722. 52:32because uh, so our Wilsbury location is
  1723. 52:34a four-unit building and our Evansville
  1724. 52:36location is a three-unit building. So,
  1725. 52:37we did acquire apartments, which we have
  1726. 52:39had rentals in the past as well. Yeah.
  1727. 52:41Um, and my husband's in property
  1728. 52:43management, so that really wasn't
  1729. 52:44something that like we had to learn or,
  1730. 52:46you know, we kind of already knew that
  1731. 52:48side of things. So, that I think was a
  1732. 52:49little bit easier than having like zero
  1733. 52:52experience and going to 100 into a
  1734. 52:53laundromat. This was something that we
  1735. 52:55were already familiar with. Um, so we
  1736. 52:57didn't put any money down for that
  1737. 52:59either. Um, we took the commercial uh
  1738. 53:02mortgages and then because it's
  1739. 53:04commercial, you have to put 25% down.
  1740. 53:06Um, so we took the one time we did I
  1741. 53:09guess kind of you know tap into our
  1742. 53:11personal um we did a heliloc on our on
  1743. 53:14our our home but everything's paid out
  1744. 53:17of the business. So um
  1745. 53:19>> Quick Lane Rentals. Yeah.
  1746. 53:21>> Yeah. So the rental income that we
  1747. 53:23generate because we also do pay
  1748. 53:24ourselves rent. Um we kept the same rent
  1749. 53:26that we were paying when we
  1750. 53:27>> Laundry Lane pays Quick Lane Rentals.
  1751. 53:30So, one company pays another company
  1752. 53:31>> and then our then we have obviously
  1753. 53:33tenants and the rentals and we work very
  1754. 53:34hard to keep those um going
  1755. 53:36>> always filled and they're always taken
  1756. 53:37care of.
  1757. 53:38>> Yeah. And and and when we've had
  1758. 53:40openings recently, we fill them very
  1759. 53:41quickly.
  1760. 53:42>> They don't stay because they're they're
  1761. 53:44beautiful and you know
  1762. 53:45>> and and the you know we we do we have
  1763. 53:48nice properties and we keep it a little
  1764. 53:49under market value to keep them rented
  1765. 53:52and attract.
  1766. 53:53>> We don't gouge them.
  1767. 53:54>> Yeah. And so, um, we we did that deal
  1768. 53:58and then we didn't take anything out of
  1769. 54:00pocket. So, that is all paid for of that
  1770. 54:02business. And then when we did the
  1771. 54:04second laundromat, um, George said,
  1772. 54:07"Hey, I'm ready to get that other mat."
  1773. 54:08And I was like, "Oh my gosh, you want a
  1774. 54:10second one? I don't know. I don't know.
  1775. 54:12Going to two every day instead of one,
  1776. 54:14that's a lot."
  1777. 54:15>> But that laundrom
  1778. 54:20We probably doubled our sales in that
  1779. 54:22laundromat.
  1780. 54:22>> He tried to talk us out of it. I I mean
  1781. 54:24he's a he's such a good guy that he
  1782. 54:26tried to talk us out of it. You don't
  1783. 54:28want this one.
  1784. 54:28>> No, right. He said that. But what he
  1785. 54:30didn't realize is that we already had a
  1786. 54:32vision and we already had a brand.
  1787. 54:33>> Yes.
  1788. 54:33>> And we were already in that other
  1789. 54:34business and we already turned that
  1790. 54:35other business around quite a bit. When
  1791. 54:37we went to the second location, we
  1792. 54:39doubled his sales. And we doubled them.
  1793. 54:41Honestly, we did. And we put on new LED
  1794. 54:44lights in me and my brother. And then
  1795. 54:46there was a light on the outside that
  1796. 54:47wasn't working. That got fixed. And then
  1797. 54:49once that light got fixed and we put new
  1798. 54:51lights in, it it was already there. It
  1799. 54:53just wasn't clean.
  1800. 54:54>> It was so funny that
  1801. 54:55>> it needed paint. It needed some lipstick
  1802. 54:57and some rouge, right? Once you put the
  1803. 54:58lipstick on there and you put some rouge
  1804. 55:00on there and you take care of your
  1805. 55:02property, you're there and you're making
  1806. 55:03sure that it's cleaned every single day.
  1807. 55:05You're inviting your customer. You're
  1808. 55:07saying hi to them. You keep your prices
  1809. 55:09reasonable. It just worked. It worked
  1810. 55:11itself out. Honest to God, it really
  1811. 55:13did. I mean,
  1812. 55:14>> but it it was funny because we took over
  1813. 55:16on a Monday and we were like, "Oh,
  1814. 55:17Monday,
  1815. 55:18>> we'll put new lights in Monday. Just a
  1816. 55:19slow day at our other store."
  1817. 55:20>> A slow day at our other store, right? It
  1818. 55:22was it's their busiest day in that
  1819. 55:24store.
  1820. 55:27In this 950 foot laundromat like they're
  1821. 55:30they've got ladders and they're climbing
  1822. 55:33and they're trying to change lights and
  1823. 55:34we're trying to work around the
  1824. 55:35customers and I'm steaming cleaning
  1825. 55:37things. There's so many off the fan
  1826. 55:38that's going
  1827. 55:40to come in and I'm like this is a bad
  1828. 55:43time right now for this. This isn't
  1829. 55:45working.
  1830. 55:45>> We have no idea what we So now we know
  1831. 55:47that's the busiest day. We uh we learned
  1832. 55:48that trial by fire. But um
  1833. 55:50>> on a Monday,
  1834. 55:52wow, it's crazy. Monday is we're Sunday
  1835. 55:55here. Like what's going on?
  1836. 55:56>> Yeah. But um he was trying to talk us
  1837. 55:58out of it. He said, you know, you you
  1838. 56:00don't want that location because that
  1839. 56:01location
  1840. 56:02>> I'm not making money.
  1841. 56:03>> I'm breaking even.
  1842. 56:03>> I'm breaking even. Yeah. Um, so when you
  1843. 56:05had asked earlier like was the other one
  1844. 56:06making money? Yes. But this one he told
  1845. 56:08us honestly like this is brand.
  1846. 56:10>> Yeah, we still wanted it though.
  1847. 56:11>> Um, we were like okay like we did some I
  1848. 56:15did some numbers and I was like okay if
  1849. 56:16we can do like x number I think we can
  1850. 56:19we can definitely like pay the bills
  1851. 56:21obviously which is what's most important
  1852. 56:23right.
  1853. 56:24>> Um
  1854. 56:25>> got to keep the lights on and uh have
  1855. 56:27the water because obviously you're not
  1856. 56:28in business without those things. And um
  1857. 56:31if we can just increase revenue by just
  1858. 56:33this much, you know,
  1859. 56:34>> and we doubled it.
  1860. 56:35>> Then then we'll be breaking even and
  1861. 56:36that's again this is a long game for us.
  1862. 56:39So we didn't think okay this isn't like
  1863. 56:41our our livelihood. This is this is
  1864. 56:43going to like pay our bills and feed.
  1865. 56:46>> Don't forget Jordan we have a daughter.
  1866. 56:47So in the future we plan on making sure
  1867. 56:49my daughter set up in the future so she
  1868. 56:51doesn't have you know so many things to
  1869. 56:52worry about. So if we can even just pass
  1870. 56:54it down to our our the next generation
  1871. 56:56>> if she wants to get into if not that's
  1872. 56:58fine too. Like if nothing else, it's a
  1873. 57:01learning tool. You know, she she helps.
  1874. 57:03She helps us every day, too. She cleans.
  1875. 57:04>> We grew up very different than her. Um
  1876. 57:08>> you know, we did not have any family
  1877. 57:10members in business. We did not have uh
  1878. 57:12many family members that were good with
  1879. 57:14money. Um like I had one, two,
  1880. 57:18>> I might had a few.
  1881. 57:19>> Um and so we say all the time like if
  1882. 57:22you're not good with your personal
  1883. 57:23finances, that's going to translate
  1884. 57:24poorly into your business. So it is very
  1885. 57:26much about a discipline. So, um, we're
  1886. 57:29very disciplined in how we handle our
  1887. 57:30our business and our bills and things.
  1888. 57:32And so, even if our daughter's not
  1889. 57:34interested in that in the future, at
  1890. 57:35least she'll get like the acumen of
  1891. 57:37learning how to run a business and, you
  1892. 57:39know, how to run her finances and things
  1893. 57:40like that. And then if she decides to do
  1894. 57:42it, great. If she doesn't, that's okay,
  1895. 57:44too. We'll we'll we'll succession plan
  1896. 57:46when we get there. Um, we have a long
  1897. 57:48time to go.
  1898. 57:49>> But, but I mean, once we did those small
  1899. 57:51things, Jordan, just cleaning the place
  1900. 57:52up. I mean, the soap trays were filled
  1901. 57:54with soap and it was nasty and they were
  1902. 57:56brand new machines and it didn't look
  1903. 57:58like new machines. Once we cleaned that
  1904. 58:00up and, you know, again, new cameras, we
  1905. 58:03implemented the same things we already
  1906. 58:04did in our last store.
  1907. 58:05>> Yeah. Just cookie cutter,
  1908. 58:07>> you know. We we cleaned it, we painted
  1909. 58:08it, we put brand new lights, brand new
  1910. 58:10LED lights on. I think it cost me like
  1911. 58:11550 bucks for lights and maybe two grand
  1912. 58:14for the front light.
  1913. 58:15>> I mean, so we weren't into it too much.
  1914. 58:17>> Once we did those things, the store had
  1915. 58:18all brand new everything there. There
  1916. 58:19was a brand new floor. those brand new
  1917. 58:21machines might have been a little ding.
  1918. 58:24You just had to paint the walls a little
  1919. 58:25bit, right? I mean,
  1920. 58:27>> enforced a little bit of law, like, you
  1921. 58:28know, getting the kids out of there,
  1922. 58:30right?
  1923. 58:30>> And once you did that, they came. And I
  1924. 58:32put my little sign up there like I did
  1925. 58:33before, right? New owners.
  1926. 58:35>> And they I painted the sidewall blue so
  1927. 58:37it would be outrageous so they would see
  1928. 58:38that from far away. And you know what?
  1929. 58:40They came and and it's an old building.
  1930. 58:42I don't love the building.
  1931. 58:43>> He said no blue, but he did paint the
  1932. 58:46>> That's what I was thinking right now. I
  1933. 58:47was like, you sold out, man. you sold
  1934. 58:49out. Listen, it's still green on the
  1935. 58:52inside.
  1936. 58:52>> Inside is still the big color,
  1937. 58:54>> but you see the outside of it's like
  1938. 58:56this ugly green a yellow building with
  1939. 58:58this big giant blue sign. So, I was like
  1940. 59:01and I put the new sign out there and you
  1941. 59:03know the people came and they when when
  1942. 59:05the people came from around the
  1943. 59:06neighborhood, they're like, "Wow, like
  1944. 59:07>> you got brand new machines, you got
  1945. 59:09brand new floors." Like, no.
  1946. 59:10>> They're like, "No,
  1947. 59:11>> no, we just put new lights in."
  1948. 59:13>> Again, like we didn't we didn't come in
  1949. 59:15and do a renovation. Like I hear I hear
  1950. 59:17that with your podcast a lot. People
  1951. 59:19come in and they renovate top and bottom
  1952. 59:20and and we just cleaned it.
  1953. 59:22>> We cleaned it. We painted it. We put new
  1954. 59:24new lights in it
  1955. 59:25>> and we just spent $400 some thousand and
  1956. 59:27we doubled our sales. That's all I'm
  1957. 59:28going to say. Mic drop. But no, being
  1958. 59:30seriously in all seriousness, I mean, we
  1959. 59:32did
  1960. 59:34again like we like it was quote unquote
  1961. 59:36free laundromat, right? Like I mean we
  1962. 59:38pay for it every month, but um but we
  1963. 59:41didn't like buy a bunch of stuff and
  1964. 59:43remove everything. We just
  1965. 59:45>> They still have the old vending machines
  1966. 59:46in there that look like they're from
  1967. 59:471980, but they still make me money. They
  1968. 59:50still They still make me money.
  1969. 59:52>> That's right. So, they're still making
  1970. 59:55me money. I mean, that's the real truth.
  1971. 59:57>> It sounds so silly, right? Like, we we
  1972. 59:59closed on these mounts and we went in
  1973. 1:00:01and we did like a deep clean from top to
  1974. 1:00:02bottom.
  1975. 1:00:03>> We painted it. We put new lights in it.
  1976. 1:00:05I mean,
  1977. 1:00:06>> filled the vending machines,
  1978. 1:00:07>> right? And we policed it to make sure
  1979. 1:00:09that people know that we're in
  1980. 1:00:10>> got our cameras installed,
  1981. 1:00:11>> right? I mean, those make sure lighting
  1982. 1:00:13was right,
  1983. 1:00:13>> right? We we learned a lot. I mean, we
  1984. 1:00:16taught ourselves enough to like I said,
  1985. 1:00:18if there's somebody that needs help out
  1986. 1:00:20there, that's what I said. I I really
  1987. 1:00:22wish I would have had me when I started
  1988. 1:00:24because when I started, I had no idea.
  1989. 1:00:28I mean, we were paying $5 for one car a
  1990. 1:00:30customer to. So, our cards aren't that
  1991. 1:00:32expensive now, right? So, there's just
  1992. 1:00:34so many things that we we got hit with
  1993. 1:00:36in the beginning and had so many black
  1994. 1:00:38eyes from it, right? So, all a couple
  1995. 1:00:40years later, here we are, right? We're
  1996. 1:00:42we're on your podcast telling you that
  1997. 1:00:44we could put a pump on a washer. Like
  1998. 1:00:46back when I started I I would know
  1999. 1:00:47anything about a pump. You know what I
  2000. 1:00:48mean? I know how important that is,
  2001. 1:00:49right?
  2002. 1:00:50>> I still can't do a pump.
  2003. 1:00:52>> Yeah, you can.
  2004. 1:00:52>> But I have him.
  2005. 1:00:53>> You can
  2006. 1:00:55you need to get your hands dirty. Come
  2007. 1:00:57on.
  2008. 1:00:57>> She changes the bezels on the doors. She
  2009. 1:00:59knows.
  2010. 1:01:00>> It's hard. He doesn't understand the
  2011. 1:01:02struggle with
  2012. 1:01:03>> She knows. But I mean the things that
  2013. 1:01:05we've learned
  2014. 1:01:06>> concepts of the things and not can I
  2015. 1:01:08actually carry them out in execution?
  2016. 1:01:10Maybe, maybe not. I'm the manager of the
  2017. 1:01:12projects. You know,
  2018. 1:01:13>> that's why it always goes back to your
  2019. 1:01:14show. Like a lot of things that I've
  2020. 1:01:16learned or I heard it it it really
  2021. 1:01:18helped us. The podcast helped us. And I
  2022. 1:01:20that's why when I found out we could be
  2023. 1:01:21on this show, I was so passionate and so
  2024. 1:01:23happy. Like I've been bragging about it
  2025. 1:01:25for like a week now, you know, because
  2026. 1:01:27it's like
  2027. 1:01:28>> it's like 4 days.
  2028. 1:01:29>> It helped me though. It helped me. It
  2029. 1:01:31helped me. And I hope to God that we
  2030. 1:01:33could help somebody if that starts if
  2031. 1:01:34they do start into the laundromat
  2032. 1:01:35business cuz we're willing to help.
  2033. 1:01:37>> I mean, maybe they'll get some creative
  2034. 1:01:38ideas on financing. There's nothing
  2035. 1:01:40else. I mean, you didn't do that. That
  2036. 1:01:41part she is really good at. I will say
  2037. 1:01:43that.
  2038. 1:01:44>> Yeah. I mean, the goal really was to
  2039. 1:01:45take nothing out of our pockets.
  2040. 1:01:47>> And every month, we don't want to pay
  2041. 1:01:48out of our house. I mean, we let the
  2042. 1:01:49businesses the businesses have to be
  2043. 1:01:51sustainable to take care of themselves.
  2044. 1:01:53Yeah. And they do.
  2045. 1:01:54>> Yeah.
  2046. 1:01:54>> And they still give us money. So, we're
  2047. 1:01:55fortunate. We've been fortunate.
  2048. 1:01:57>> We're trying our best and keep on
  2049. 1:01:59rolling. And hopefully we'll we'll keep
  2050. 1:02:00on moving up, you know, and keep on
  2051. 1:02:01buying more more laundromats. I hope.
  2052. 1:02:03>> Yeah.
  2053. 1:02:05>> Yeah. No, I love it. And, you know, I
  2054. 1:02:07guarantee you people will get a lot out
  2055. 1:02:08of this. I mean, you've already given
  2056. 1:02:10like a a ton of like very practical uh
  2057. 1:02:13input, very practical advice, but also,
  2058. 1:02:16you know, and I hope I hope people are
  2059. 1:02:18picking up on this, too, but like the
  2060. 1:02:19way you guys are thinking about
  2061. 1:02:21business. I I say this like a common
  2062. 1:02:24theme with people who are doing well in
  2063. 1:02:26this business is the way that you're
  2064. 1:02:27thinking about the business and the way
  2065. 1:02:28that you see your customers and how
  2066. 1:02:31important it is for you to take care of
  2067. 1:02:33the little things where like
  2068. 1:02:34traditionally in this industry there's a
  2069. 1:02:36whole lot of owners who were like yeah
  2070. 1:02:38that machine's been down for you know 6
  2071. 1:02:41months or a year 10 years or whatever
  2072. 1:02:44you know or like
  2073. 1:02:46hair on my face yeah I know
  2074. 1:02:51says a
  2075. 1:02:52He he gets he gets very uh upset if if
  2076. 1:02:57something's down and like I get it. We
  2077. 1:03:00want to we want to do as best as we can
  2078. 1:03:02but again I always have to talk some
  2079. 1:03:04sense like hey you know that's laundry
  2080. 1:03:06it's going to be okay. We're going to
  2081. 1:03:07fix it. We're waiting on that part like
  2082. 1:03:08we can't make it ship any faster you
  2083. 1:03:10know we can't we don't have that. So it
  2084. 1:03:13is like it is
  2085. 1:03:14>> will it faster? Yeah. Like if it were up
  2086. 1:03:16to him, he'd be like driving to the
  2087. 1:03:18locations to build. I don't know. I
  2088. 1:03:21don't know everything. I mean, I always
  2089. 1:03:22tell her when we retool the one store,
  2090. 1:03:24which we're going to do pretty soon, it
  2091. 1:03:26won't be long cuz we just put brand new
  2092. 1:03:28laundry works in that store, too.
  2093. 1:03:29>> But in the future, we plan on retooling.
  2094. 1:03:31And when we do, whoever we decide to go
  2095. 1:03:33with, it's going to have to be a company
  2096. 1:03:34where I can fix the machines.
  2097. 1:03:36>> Yeah.
  2098. 1:03:36>> Because I want to be knowledgeable what
  2099. 1:03:37we have inside of our store. Not that it
  2100. 1:03:39matters that I pay them 100 bucks or
  2101. 1:03:40whatever to come do it per hour. It's
  2102. 1:03:42just that I I don't want to have to wait
  2103. 1:03:44for somebody.
  2104. 1:03:45>> Mhm. Right? It's like the distributor
  2105. 1:03:46thing all over again. I want about to
  2106. 1:03:47make sure that I have control. So yeah,
  2107. 1:03:49maybe today maybe I won't want to fix
  2108. 1:03:51that bezel. Maybe I won't want to fix
  2109. 1:03:52the pump, right? Or maybe I won't want
  2110. 1:03:54to put a fill valve in, but I want about
  2111. 1:03:56to know that I can. So god forbid that I
  2112. 1:03:58don't have to wait if something I don't
  2113. 1:04:00want to wait seven months for a machine
  2114. 1:04:01to be down.
  2115. 1:04:02>> He hates waiting.
  2116. 1:04:03>> I want to make sure our place is up and
  2117. 1:04:04running, you know, and if I could teach
  2118. 1:04:06my daughter
  2119. 1:04:07>> like some of our customers,
  2120. 1:04:08>> right? I mean, if I could teach my
  2121. 1:04:09daughter how to fix that stuff or I
  2122. 1:04:11could teach somebody else how to fix
  2123. 1:04:12that stuff, right? I'll be glad to do
  2124. 1:04:14that. So this way they don't have to
  2125. 1:04:15wait either, right?
  2126. 1:04:16>> It just makes it look bad for us as
  2127. 1:04:18owners. I I just think that all owners
  2128. 1:04:20should be knowledgeable on those kind of
  2129. 1:04:22things. So this way they could, you
  2130. 1:04:23know, they don't have to worry about
  2131. 1:04:24that kind of stuff.
  2132. 1:04:25>> I just think it's like such you have to
  2133. 1:04:27be active. I I don't think that you can
  2134. 1:04:30have a successful business by being
  2135. 1:04:32passive in any way. You know, we we say
  2136. 1:04:35to our customers all the time like, "How
  2137. 1:04:36many other mats have you been into
  2138. 1:04:38before you came into ours?" Because, you
  2139. 1:04:40know, they settle on ours, right? um
  2140. 1:04:42they come in and they they they see the
  2141. 1:04:44passion, they see the cleanliness and
  2142. 1:04:46they stay and I'm like, do you see the
  2143. 1:04:48owners every time you're in? You know,
  2144. 1:04:50have you ever met the owners? Like the
  2145. 1:04:52first time? Um and and we enjoy it. It's
  2146. 1:04:55It's not, you know, it's not always
  2147. 1:04:58work. It's like we enjoy giving that
  2148. 1:05:00>> I don't know. Sometimes I I feel that
  2149. 1:05:02maybe there's something wrong with me
  2150. 1:05:03cuz I'll be at the store changing wheels
  2151. 1:05:05inside the dryer and I'll walk around
  2152. 1:05:07the store and I'll be messing around
  2153. 1:05:08with the vending machines cuz it breaks
  2154. 1:05:09every other week
  2155. 1:05:10>> and I'll be like
  2156. 1:05:11>> we need new vending machines definitely
  2157. 1:05:13on our list.
  2158. 1:05:14>> I'm I'm enjoying myself. Why?
  2159. 1:05:18Cuz you're right in your lane, man. No
  2160. 1:05:19pun intended. You're right in your
  2161. 1:05:21laundry lane
  2162. 1:05:22>> doing exactly
  2163. 1:05:24exactly what you're supposed to be
  2164. 1:05:25doing. Right. Right. It it like reminds
  2165. 1:05:28me of uh I I've brought this up with
  2166. 1:05:30other people because I mean this is
  2167. 1:05:32again this is a theme that comes over
  2168. 1:05:33and over but the I think I think it was
  2169. 1:05:35Grant Cardone. He wrote a book called Be
  2170. 1:05:36Obsessed or Be Average, right? Like
  2171. 1:05:39>> you either have to
  2172. 1:05:41>> enjoy walking around tinkering with your
  2173. 1:05:43store or finding deals and creative ways
  2174. 1:05:46to get them done and you know managing
  2175. 1:05:48employees and building the business or
  2176. 1:05:51you're just going to have an average
  2177. 1:05:53>> laundromat which an average laundromat
  2178. 1:05:55is not a good laundromat these days
  2179. 1:05:58>> uh right now. So I I don't think you
  2180. 1:06:01know weird. Yes. I'll just we can just
  2181. 1:06:04all admit it like we're all a little bit
  2182. 1:06:05weird because we you know
  2183. 1:06:08>> but
  2184. 1:06:09weird in a good way, right? Weird in a
  2185. 1:06:11way that's setting you up to have some
  2186. 1:06:13good businesses
  2187. 1:06:15>> uh right now and and down the line all
  2188. 1:06:18this is really going to pay off big for
  2189. 1:06:19you because you've got,
  2190. 1:06:21>> you know, m you've got four assets that
  2191. 1:06:23you picked up here in the two properties
  2192. 1:06:25and the two laundromats, you know, and
  2193. 1:06:28then who knows what else kind of going
  2194. 1:06:29forward, right?
  2195. 1:06:31uh that
  2196. 1:06:33are just going to help you build, you
  2197. 1:06:34know, the life that you guys were
  2198. 1:06:35wanting to build. Like that's what it's
  2199. 1:06:36all about, right? Like
  2200. 1:06:38>> and and and you found out along the way,
  2201. 1:06:41just the same as I found out along the
  2202. 1:06:42way that like the money is good. Like we
  2203. 1:06:45want to try to make money, right? That's
  2204. 1:06:47the whole point of going into business.
  2205. 1:06:48And whether it's short-term or long
  2206. 1:06:50term, like we do want to make money, but
  2207. 1:06:53sort of the unforeseen,
  2208. 1:06:55at least in my case, perk to it is
  2209. 1:06:58there's a lot of fulfillment that comes
  2210. 1:06:59in serving the community, you know, and
  2211. 1:07:02making a difference in people's lives.
  2212. 1:07:03When people say, "Thank you for all the
  2213. 1:07:05work that you're doing and you see that
  2214. 1:07:07it really matters to them even though
  2215. 1:07:09>> it's just laundry. I'm just fixing a
  2216. 1:07:12washer washing machine. I'm just
  2217. 1:07:13installing lights." Like, that's a big
  2218. 1:07:15deal and it's super fulfilling.
  2219. 1:07:17>> It is a big deal. I mean, you can't go
  2220. 1:07:20to work. You can't go to school with
  2221. 1:07:22dirty clothes. You just can't you can't
  2222. 1:07:24It's like It's like washing It's like
  2223. 1:07:26taking care of your body, right? It's a
  2224. 1:07:28basic human need. And so for us to be
  2225. 1:07:31able to provide that to them and then
  2226. 1:07:33you know like you said it was an
  2227. 1:07:35unintended uh good consequence that they
  2228. 1:07:38that they say hey we really appreciate
  2229. 1:07:39you. We really appreciate what you bring
  2230. 1:07:41to this community and what better of a
  2231. 1:07:43way to give back to the communities that
  2232. 1:07:45we've literally lived in. You know like
  2233. 1:07:46I've lived in both of these cities you
  2234. 1:07:49know I've gone to school in these areas
  2235. 1:07:51and um
  2236. 1:07:52>> we both came from the housing and that's
  2237. 1:07:53that's where we live when we were kids
  2238. 1:07:55both of us.
  2239. 1:07:56>> So if we can give back to anybody we'll
  2240. 1:07:57definitely do that.
  2241. 1:07:58>> Yeah. Most definitely.
  2242. 1:08:00>> I agree.
  2243. 1:08:01>> Okay, I need to bring this back to the
  2244. 1:08:02laundromats just real quick again. Uh
  2245. 1:08:06because I got a question. Okay, so you
  2246. 1:08:07went from owning a laundromat to owning
  2247. 1:08:11a laundromat and two properties to
  2248. 1:08:12owning a laundromat, two properties, and
  2249. 1:08:14another laundromat.
  2250. 1:08:15>> Yes.
  2251. 1:08:16>> Uh and I know it hasn't been all that
  2252. 1:08:17long that you've had the second one, but
  2253. 1:08:19I'm curious,
  2254. 1:08:22has it has it changed owning two
  2255. 1:08:24laundromats versus one laundromat? How
  2256. 1:08:27how was that transition? Is it pretty
  2257. 1:08:29much the same?
  2258. 1:08:32>> I'll tell you what. Um, one's card
  2259. 1:08:34operated and one's coin operated. Um
  2260. 1:08:37>> Oh, yeah. That was
  2261. 1:08:38>> We totally love We totally love the card
  2262. 1:08:41operated one.
  2263. 1:08:42>> About that,
  2264. 1:08:42>> not the coin operated one cuz it's more
  2265. 1:08:43of a pain in the neck with the coins.
  2266. 1:08:45>> I was going to say, oh, it's so it was
  2267. 1:08:47easier to definitely go like it it's
  2268. 1:08:49it's like I've heard people with
  2269. 1:08:50multiple children, right? Like it's
  2270. 1:08:52easier to go from it's harder to go from
  2271. 1:08:53zero to one and then but it's easier to
  2272. 1:08:55go from like one to two. So to go to the
  2273. 1:08:57second laundromat, we already knew what
  2274. 1:08:58to expect. We already kind of knew the
  2275. 1:09:00anticipated issues for the most part.
  2276. 1:09:02Um, and so it was definitely easier
  2277. 1:09:05because we got that done quicker. We
  2278. 1:09:06knew what to expect. We knew how to put
  2279. 1:09:08our brains on it and our colors and
  2280. 1:09:10whatever. But that was one thing because
  2281. 1:09:12we're all card operated in the first
  2282. 1:09:14location. Like we are not handling coins
  2283. 1:09:16at all. And then the second location is
  2284. 1:09:18a hybrid location. So we have coins and
  2285. 1:09:20we have an app. Yeah. And um that was
  2286. 1:09:23the one thing that we were like, "Oh,
  2287. 1:09:26quarters are heavy." And we have to go
  2288. 1:09:29there and deal with these quarters a
  2289. 1:09:31lot. Um so yeah, so it's funny that he
  2290. 1:09:34said because I actually forgot about
  2291. 1:09:36that.
  2292. 1:09:36>> The only downfall I would say Jordan
  2293. 1:09:38from them, the second location. Um is it
  2294. 1:09:40is it I would say it's not. I think I
  2295. 1:09:43mean I I've heard your podcast where
  2296. 1:09:45there's a guy on here saying he buys
  2297. 1:09:46them all over different states. So, I
  2298. 1:09:49would think he would have more of a
  2299. 1:09:50challenge than me because mine aren't
  2300. 1:09:52that far away from our house and from
  2301. 1:09:54each other.
  2302. 1:09:55>> Yeah.
  2303. 1:09:55>> So, it's easier for us that way. I mean,
  2304. 1:09:57we've thought about buying them further
  2305. 1:09:59away like in Philly. From Wilsburg to
  2306. 1:10:01Philly is like 2 and a half hours. So,
  2307. 1:10:03we we talked about that. We talked about
  2308. 1:10:05going to New York or New Jersey or going
  2309. 1:10:07down south so we can go on vacation once
  2310. 1:10:08in a while. But
  2311. 1:10:09>> and we will maybe eventually,
  2312. 1:10:10>> but but but to I think that would be
  2313. 1:10:13more of a struggle for us because my
  2314. 1:10:15wife's kind of a control freak and and
  2315. 1:10:16so am I only because we want our stores
  2316. 1:10:18to be so successful and and we have a
  2317. 1:10:20lot of passion as you can see on this
  2318. 1:10:21show and we want to make sure that we do
  2319. 1:10:23the right things for the store and for
  2320. 1:10:25the community. So the answer would be
  2321. 1:10:27no. I don't think it's and if we bought
  2322. 1:10:29another one towards it around here, I
  2323. 1:10:30don't think it would be a big deal at
  2324. 1:10:31all. If we bought one,
  2325. 1:10:33>> especially now that we've dealt with
  2326. 1:10:34those heavy quarters,
  2327. 1:10:35>> right?
  2328. 1:10:36>> Prepared for anything,
  2329. 1:10:37>> right? And if Yeah. and the car machine
  2330. 1:10:40whatever it may be.
  2331. 1:10:41>> The old car machine gave us such a run
  2332. 1:10:43for our money.
  2333. 1:10:44>> I would say no. I would say to your to
  2334. 1:10:46your question is no, but
  2335. 1:10:48>> to buy one from state to state or from
  2336. 1:10:51further away
  2337. 1:10:52>> at this point it would probably be a
  2338. 1:10:54challenge for us just just to kind of
  2339. 1:10:56mentality.
  2340. 1:10:57>> If number three is around here, I would
  2341. 1:10:59love it because I'd love to put my brand
  2342. 1:11:01out and make it into another lane. I
  2343. 1:11:03would that would be ecstatic. It'd be
  2344. 1:11:04like being on a show. But if it's
  2345. 1:11:06further away, I think it's going to be I
  2346. 1:11:08I'll like fight back a little bit with
  2347. 1:11:10my wife on this one. I think
  2348. 1:11:11>> I mean, see how that's worked out for
  2349. 1:11:13him so far, though, right? Like,
  2350. 1:11:15>> well, George,
  2351. 1:11:15>> we're buying one thing. We're buying two
  2352. 1:11:17buildings, you know, and so yeah, he
  2353. 1:11:20just goes with the flow.
  2354. 1:11:22>> Yeah,
  2355. 1:11:26I'm just gonna let you.
  2356. 1:11:27>> Yeah. Okay. Smart man. Keep the mouth
  2357. 1:11:30shut. Uh,
  2358. 1:11:33>> so uh, okay. So, quarters are a huge
  2359. 1:11:36pain. Couldn't agree more with you.
  2360. 1:11:38>> Uh, are you going to are you going to
  2361. 1:11:40add a card system there ever or you just
  2362. 1:11:42going to run it as is? What's the plan?
  2363. 1:11:44>> I don't know because it's like, you
  2364. 1:11:45know, we talk about this all the time.
  2365. 1:11:47There's some things that are really
  2366. 1:11:49beneficial in one system and then really
  2367. 1:11:51beneficial in like I feel like there's
  2368. 1:11:52positives and negatives to both.
  2369. 1:11:54>> Yeah. And that store has an app. So,
  2370. 1:11:56that store has an app so they can
  2371. 1:11:57download the app if something goes wrong
  2372. 1:11:58with the quarters, right?
  2373. 1:12:00>> Yeah. there's like a backup,
  2374. 1:12:01>> but then if you don't have two machines
  2375. 1:12:02with the card system and you're not
  2376. 1:12:04having to change end card, it kind of it
  2377. 1:12:07eliminates you from getting out of
  2378. 1:12:08business then.
  2379. 1:12:09>> So,
  2380. 1:12:10>> I don't know. I kind of like the idea
  2381. 1:12:11like we I feel like right now we have a
  2382. 1:12:12lot of flexibility. Like for example, in
  2383. 1:12:14in our hybrid store um the internet went
  2384. 1:12:17out. We had really bad storms um a
  2385. 1:12:19couple days ago and the internet went
  2386. 1:12:20out and so um the customer came in,
  2387. 1:12:23downloaded the app, was able to load the
  2388. 1:12:25app, but then our machines were off fine
  2389. 1:12:27because it obviously relies on the
  2390. 1:12:28internet. Um, and I was like, "Well, do
  2391. 1:12:30you have cash?" You know, they call me,
  2392. 1:12:31"We're trying to troubleshoot. Um,
  2393. 1:12:32that's where our creative problem
  2394. 1:12:33solving comes in." And I was like,
  2395. 1:12:34"Okay, if you don't have cash, just just
  2396. 1:12:36head over to our other location." George
  2397. 1:12:37happened to be there. Um, so I sent him
  2398. 1:12:39over to the other location and we just
  2399. 1:12:40we helped them. We we figured it out.
  2400. 1:12:42Um, but like I like the flexibility that
  2401. 1:12:44we have where kind of like we have
  2402. 1:12:46something that meets everybody's needs.
  2403. 1:12:48So like our customers that come to our
  2404. 1:12:49our Edwardsville location where it's
  2405. 1:12:51card operated, if they say, "Oh, I live
  2406. 1:12:52in Wix." We're like, "Well, we have a
  2407. 1:12:54location there." Or, you know, if
  2408. 1:12:55someone says, "I prefer quarters." All
  2409. 1:12:57right, cool. Go to Wix. If somebody's
  2410. 1:12:58like, I hate quarters. I only want to
  2411. 1:13:00use Okay, go to Edwardsville. So, it's
  2412. 1:13:01like we have
  2413. 1:13:03>> we I don't know if we would install a
  2414. 1:13:05card system in a WS store. Well, because
  2415. 1:13:07the machines are two years old and we
  2416. 1:13:09have uh we have the option for you to
  2417. 1:13:12use the uh app if you didn't want to use
  2418. 1:13:15the quarters. So, I don't think I would
  2419. 1:13:16mess around with that system right now.
  2420. 1:13:17I think I'll let it roll away.
  2421. 1:13:18>> I feel like if there was a way to
  2422. 1:13:19combine the two and give us all the
  2423. 1:13:21things that we really love about each
  2424. 1:13:22system, I feel like I would be more
  2425. 1:13:24compelled to say yes or no. But, you
  2426. 1:13:26know, that's
  2427. 1:13:27>> I mean, when we were retooling in
  2428. 1:13:28Edwards, well, we might just do that. We
  2429. 1:13:29might go to We might go to quarters and
  2430. 1:13:33do quarters and card.
  2431. 1:13:35>> I don't know.
  2432. 1:13:36>> She's like, "No, we're not. We're not
  2433. 1:13:38picking up."
  2434. 1:13:40>> I mean, it's been successful without
  2435. 1:13:42this. So, I don't know if we would
  2436. 1:13:43either. I don't know if that'd be a good
  2437. 1:13:44idea.
  2438. 1:13:45>> They're dirty. I mean, like, really,
  2439. 1:13:47like they're dirty.
  2440. 1:13:48>> I think the card system is the new era.
  2441. 1:13:50That's That's what I think. I don't know
  2442. 1:13:52if I'm right or not, but that's what I
  2443. 1:13:53think. when we're on Facebook and and
  2444. 1:13:55people say things like, "Oh, we only do
  2445. 1:13:58quarters." I'm like shocked because I
  2446. 1:13:59never have cash. Um,
  2447. 1:14:01>> no, we don't even carry cash.
  2448. 1:14:03>> We very rarely carry cash. So, I just
  2449. 1:14:05feel like there's such a draw to the
  2450. 1:14:06card system. So, I don't know. Right
  2451. 1:14:08now, we have something for everybody. We
  2452. 1:14:09don't know like what the future holds. I
  2453. 1:14:12guess we'll like we kind of got forced
  2454. 1:14:13into changing a new card system at the
  2455. 1:14:15old at the first store. So, we'll see
  2456. 1:14:17what happens.
  2457. 1:14:17>> They were charging $5 a card there. That
  2458. 1:14:19was ridiculous. I don't know. We could
  2459. 1:14:20never do that. I can't do that to my
  2460. 1:14:22customer. That's what I said.
  2461. 1:14:27>> Yeah, that's Yeah, that's steep.
  2462. 1:14:30>> Well, I mean,
  2463. 1:14:31>> yeah, the the you know, the sag
  2464. 1:14:33continues. What's really good about what
  2465. 1:14:35you have right now is that you've got
  2466. 1:14:38some data coming in for all these
  2467. 1:14:40different systems.
  2468. 1:14:41>> Yeah. I'm curious, you may not know
  2469. 1:14:43this, but I'm curious that on the hybrid
  2470. 1:14:46store that you have um
  2471. 1:14:49card do or not card, uh do you know like
  2472. 1:14:52what the breakdown is? How many people
  2473. 1:14:54pay with cash versus the app?
  2474. 1:14:56>> It's definitely a lot more cash versus
  2475. 1:14:59app. Um we have I would say between 20
  2476. 1:15:01and 25% uh using the app and then the
  2477. 1:15:05rest the 70 75 is all cash.
  2478. 1:15:07>> Um
  2479. 1:15:08>> and I do think it's a difference in the
  2480. 1:15:10population too. I think that they have a
  2481. 1:15:12preference for that. So, like I said, we
  2482. 1:15:13have
  2483. 1:15:13>> It might just be because it's elderly
  2484. 1:15:15there on that side of the fence over
  2485. 1:15:17there and there's younger people at the
  2486. 1:15:19other store. I think I think that might
  2487. 1:15:20>> I think it's pretty common though from
  2488. 1:15:22what I mean whenever I've asked somebody
  2489. 1:15:23who's had the app plus cash versus a
  2490. 1:15:26card plus cash.
  2491. 1:15:28>> Uh I mean usually on you know when I
  2492. 1:15:31when I ask somebody they fall within the
  2493. 1:15:33like 10 to 15% use the app and the rest
  2494. 1:15:36are using cash. And I think they're
  2495. 1:15:38still for whatever reason, I think
  2496. 1:15:39there's still like a a barrier to using
  2497. 1:15:41the app. Whereas if even if they have
  2498. 1:15:44like a like a works or a card system,
  2499. 1:15:46ESD or laundry card or whatever and
  2500. 1:15:49cash, that number will be like in coin,
  2501. 1:15:52but that number will be higher on the
  2502. 1:15:53card system than it typically than it
  2503. 1:15:56would on an app. So it's just
  2504. 1:15:58interesting. I'm not really sure what to
  2505. 1:15:59make of that, but I was that's why I was
  2506. 1:16:00curious what you guys were seeing in
  2507. 1:16:03your store.
  2508. 1:16:05Yeah, I think I think people really like
  2509. 1:16:06the card system that are over there. I
  2510. 1:16:08mean, there's some people that won't
  2511. 1:16:09come to our store because that store in
  2512. 1:16:11particular because they don't like the
  2513. 1:16:12card system and that's fine, you know.
  2514. 1:16:14>> Yeah. Like I said, there's two other
  2515. 1:16:15laundry baths down the road. I mean,
  2516. 1:16:17>> yeah, it's not shortage. It's like to go
  2517. 1:16:20to the competitor.
  2518. 1:16:21>> No, we don't. We always push that
  2519. 1:16:23narrative though. Hey, you want to go to
  2520. 1:16:24the other location? You know, we had to
  2521. 1:16:26shut down for 3 days when we installed
  2522. 1:16:27our laundry works system in the
  2523. 1:16:29Edwardsville store and we had to sign
  2524. 1:16:31out. I mean, a lot of our customers
  2525. 1:16:33waited for us. Like, we had people like
  2526. 1:16:34knocking, hey, are you are you open yet?
  2527. 1:16:36Um because it is such a tight-knit
  2528. 1:16:38community, but um you know, we did tell
  2529. 1:16:40them, hey, we have this other location.
  2530. 1:16:41If you want to check that one out, you
  2531. 1:16:42can go there, too. And you know, you
  2532. 1:16:44don't have to buy a card or whatever.
  2533. 1:16:45So,
  2534. 1:16:46>> yeah,
  2535. 1:16:46>> whatever works for them.
  2536. 1:16:48>> Yeah. Yeah. Yeah. Um Okay. So, listen,
  2537. 1:16:53I'm I'm curious like if you had to give
  2538. 1:16:56somebody some advice who's buying their
  2539. 1:16:58first one, first laundromat,
  2540. 1:17:01uh what advice would you give them? You
  2541. 1:17:04know, if they're like if they're looking
  2542. 1:17:05if they're listening to this right now
  2543. 1:17:06and they're looking for their first
  2544. 1:17:07laundromat, what what's the best piece
  2545. 1:17:09of advice you could give them right now?
  2546. 1:17:11And maybe each of you might have
  2547. 1:17:12something separate because you have
  2548. 1:17:14different lanes, laundry lanes that
  2549. 1:17:15you're in. That's laundry.
  2550. 1:17:17>> I'm trying to like reinforce the brand
  2551. 1:17:19with you here. Yes, it's true.
  2552. 1:17:20>> Thank you, Jordan.
  2553. 1:17:21>> Yeah.
  2554. 1:17:22>> So, I would I would say um get a good
  2555. 1:17:25distributor because it really is
  2556. 1:17:27important. You know, it really you you
  2557. 1:17:30rely on them to help you make decisions
  2558. 1:17:32and and try to um improve your store.
  2559. 1:17:35So, it's really important to have a good
  2560. 1:17:36distributor. Um
  2561. 1:17:39selecting them and and getting them to
  2562. 1:17:41to mentor mentor and not even mentor,
  2563. 1:17:44just like be there to answer your phone
  2564. 1:17:45call even, right? Like that's super
  2565. 1:17:47important. And then um I think you said
  2566. 1:17:51customer service is the thing that
  2567. 1:17:52>> Yeah, I think that if you buy a
  2568. 1:17:54laundromat, you you have to be willing
  2569. 1:17:56to be open to take phone calls. Um you
  2570. 1:17:59know, one thing my wife does do is she
  2571. 1:18:01does a customer service for us. Thank
  2572. 1:18:03God. And and she does it well. It it the
  2573. 1:18:06last person that maybe And make sure you
  2574. 1:18:07have your number inside your store if
  2575. 1:18:09you're going to go.
  2576. 1:18:09>> Yeah. We see that often when we go to
  2577. 1:18:11another store, they don't have
  2578. 1:18:12>> there's not even a phone number. I mean,
  2579. 1:18:13how do you get a hold of somebody if you
  2580. 1:18:14lose your money?
  2581. 1:18:15>> Yeah.
  2582. 1:18:16They don't want you to get a hold of
  2583. 1:18:18them.
  2584. 1:18:18>> I want you to get a hold of me though. I
  2585. 1:18:20want
  2586. 1:18:20>> I know that you guys don't think like
  2587. 1:18:22that, but that is
  2588. 1:18:23>> that is how we roll in this industry and
  2589. 1:18:25have for a long time is we don't want to
  2590. 1:18:28hear from you. Just give us your money.
  2591. 1:18:29>> We don't roll that way because the way
  2592. 1:18:32we think about it is if you have a
  2593. 1:18:33problem and like some people don't care.
  2594. 1:18:36Sometimes they literally call us and
  2595. 1:18:37they're like, "Hey, I lost $5, but I
  2596. 1:18:39don't even care. I just want to let you
  2597. 1:18:40know." And it's like, "No, we're going
  2598. 1:18:41to take care of you." Right. And if you
  2599. 1:18:42have four kids and you're on a fixed
  2600. 1:18:43income and you're worried about paying
  2601. 1:18:44your bills and you're coming to my store
  2602. 1:18:46to pay for your laundry, I don't want to
  2603. 1:18:48steal your $4 or your $5. Yeah.
  2604. 1:18:50>> I want to give it back to you. Make sure
  2605. 1:18:52you have to wash your clothes. That's
  2606. 1:18:53not fair to you.
  2607. 1:18:54>> Yeah.
  2608. 1:18:54>> You know, there's been instances where
  2609. 1:18:56it's it's it's not even, you know, a lot
  2610. 1:18:59of time it's not actually like our
  2611. 1:19:02>> fault,
  2612. 1:19:02>> our Yeah. Like we didn't do anything to
  2613. 1:19:04cause the issue. Like sometimes it is
  2614. 1:19:06user error and
  2615. 1:19:08>> you have to educate your customer. So,
  2616. 1:19:10we we're really firm on the fact that
  2617. 1:19:12we're going to educate you and we're
  2618. 1:19:13going to say, "Hey, I looked back on the
  2619. 1:19:15camera and I saw you stuff that
  2620. 1:19:16comforter, that top loader, and uh maybe
  2621. 1:19:18that's why it didn't spin.
  2622. 1:19:19>> You went on the work app and you didn't
  2623. 1:19:21even put money in."
  2624. 1:19:22>> Yeah. Yeah. So, like we we educate them
  2625. 1:19:25um and then we try to make it right,
  2626. 1:19:26whatever. And and we're heavy on like,
  2627. 1:19:28"Okay, you had a problem in our $3
  2628. 1:19:30machine. Here's $4." Like, because of
  2629. 1:19:32the inconvenience. Um you know, we don't
  2630. 1:19:35ever hand cash to anyone.
  2631. 1:19:36>> We're not answering the question before.
  2632. 1:19:38You you were asking us what you would do
  2633. 1:19:40if if you were going to buy a
  2634. 1:19:41laundromat.
  2635. 1:19:42>> Oh,
  2636. 1:19:43>> what? So, we went off topic, but
  2637. 1:19:45>> that's all right. Listen, we chase
  2638. 1:19:46rabbit trails around here. That's where
  2639. 1:19:49comes
  2640. 1:19:50>> if you're going to if I was going to
  2641. 1:19:51have to buy a laundromat tomorrow and I
  2642. 1:19:52knew nothing again.
  2643. 1:19:54>> I would definitely do what Kate said, my
  2644. 1:19:56wife. I would definitely check into who
  2645. 1:19:57the distributor is and if you can get a
  2646. 1:19:59hold of them.
  2647. 1:19:59>> Yeah.
  2648. 1:20:00>> Cuz you can't be on an island and not be
  2649. 1:20:01able to get a hold of somebody that you
  2650. 1:20:02need desperately to run your business,
  2651. 1:20:04especially if you have a card system. um
  2652. 1:20:06if you have a card system, he he's the
  2653. 1:20:08only person that can buy the cards. So,
  2654. 1:20:10you're in trouble then if you can't get
  2655. 1:20:11them. And second of all, I would say um
  2656. 1:20:14you know, make a vision of what you
  2657. 1:20:16think you can make the store when you
  2658. 1:20:17first walk in the store. Can you
  2659. 1:20:19envision yourself being there? Can you
  2660. 1:20:21envision taking care of it? Can you
  2661. 1:20:23envision, you know, getting the phone
  2662. 1:20:24calls? You know, they're those are
  2663. 1:20:25things. I mean,
  2664. 1:20:26>> branding is really I think branding is
  2665. 1:20:28really important because you want people
  2666. 1:20:30to recognize your brand for like the
  2667. 1:20:34quality that it is. you want to you want
  2668. 1:20:36to represent quality. And so I think
  2669. 1:20:38like identifying what your brand is,
  2670. 1:20:39identifying kind of what you're willing
  2671. 1:20:41to do to not put up with because one
  2672. 1:20:43thing that we always say to I I know
  2673. 1:20:45it's like kind of not exactly the answer
  2674. 1:20:47to your question, but one thing we talk
  2675. 1:20:48about with customer service is like we
  2676. 1:20:50worked in restaurants for years.
  2677. 1:20:51>> I think it helped us actually
  2678. 1:20:53>> and one thing, you know, I worked in the
  2679. 1:20:55front of the house, he worked in the in
  2680. 1:20:56the back of the house, so we had our
  2681. 1:20:57lanes there, too. And um we bring those
  2682. 1:20:59interesting lived experiences uh to the
  2683. 1:21:01table. And you know, the owner, we
  2684. 1:21:03worked at a family-owned restaurant and
  2685. 1:21:05customers will just be rude and you
  2686. 1:21:07know, treat us terribly and the owner
  2687. 1:21:10would be accepting of that. And so
  2688. 1:21:11that's one thing that, you know,
  2689. 1:21:13sometimes you have to fire a customer
  2690. 1:21:14and it's tough. Um, but I think, you
  2691. 1:21:17know, if you're going to buy a
  2692. 1:21:17laundromat, know what you will accept
  2693. 1:21:19and what you will not accept. And for
  2694. 1:21:21us, uh, we will not tolerate any kind
  2695. 1:21:23of, uh, vandalism or disrespect to our
  2696. 1:21:25equipment. You know, we work very hard
  2697. 1:21:27to keep that clean. Um, we work very
  2698. 1:21:29hard to keep it running and it's very
  2699. 1:21:30expensive. and we're still paying on it.
  2700. 1:21:33So please if if you're going to be
  2701. 1:21:34disrespectful, if you're going to try to
  2702. 1:21:36break it, if you're going to be rude, um
  2703. 1:21:38we're not going to put up with that
  2704. 1:21:39because that's we don't have to.
  2705. 1:21:41>> And on the other other token is is again
  2706. 1:21:43we have our own lanes. Um I worked in
  2707. 1:21:46the back where the customer is always
  2708. 1:21:47right and you try to cater to that
  2709. 1:21:49customer and don't lose that customer.
  2710. 1:21:51You make them happy.
  2711. 1:21:52>> As long as they're not being just again
  2712. 1:21:54there's a fine line, right? As long as
  2713. 1:21:55they're not being so if they overloaded
  2714. 1:21:56the machine, we just educate them. We
  2715. 1:21:58had soap pouring down out of the out of
  2716. 1:22:00the washer a week or two ago and my
  2717. 1:22:01employee was like, "Oh my gosh." I'm
  2718. 1:22:02like, "It's okay." Like, "Hey, what soap
  2719. 1:22:04did you use?" You know, we just had a
  2720. 1:22:05conversation. I started our wash again.
  2721. 1:22:07I kept an eye on it. You know, we just
  2722. 1:22:09we we took care of it. It's,
  2723. 1:22:12>> you know, and she was apologizing.
  2724. 1:22:13>> I don't want to see a customer walk away
  2725. 1:22:14from our store and not be happy. And I
  2726. 1:22:16don't want somebody I don't want them to
  2727. 1:22:18leave my store and go to somebody else
  2728. 1:22:19because there's something I did wrong,
  2729. 1:22:20Jordan. I want to try and make them
  2730. 1:22:21happy.
  2731. 1:22:22>> There's a lifelong value of that
  2732. 1:22:23customer. And we have to recognize that
  2733. 1:22:25because if if they have a bad experience
  2734. 1:22:26or they don't get their $5 back or the,
  2735. 1:22:28you know, even if it is their fault,
  2736. 1:22:30they don't they don't perceive it that
  2737. 1:22:31way. They don't think, "Oh, I overloaded
  2738. 1:22:32the washer. This is my fault." They
  2739. 1:22:34think, "Wow, your mat sucks because you
  2740. 1:22:36didn't spit out my clothes, right?" So,
  2741. 1:22:38we try to make sure that we're taking
  2742. 1:22:40care of them and taking care of the
  2743. 1:22:41issue and then helping them so that they
  2744. 1:22:43>> educate them so it doesn't happen again
  2745. 1:22:44>> and tell their friends so that we get
  2746. 1:22:47more customers, you know.
  2747. 1:22:48>> Yeah.
  2748. 1:22:49>> Yeah. I would think that when you first
  2749. 1:22:51get in, the first the major thing would
  2750. 1:22:52be a distributor like my wife said.
  2751. 1:22:54>> Yeah.
  2752. 1:22:54>> And and and seeing a vision of what you
  2753. 1:22:56want, what what you expect out of your
  2754. 1:22:58laundromat, you know,
  2755. 1:22:59>> and your expectations of, you know, what
  2756. 1:23:01kind of income you think you're going to
  2757. 1:23:02get out of it, right? I mean, like we
  2758. 1:23:03were saying earlier, we put our money
  2759. 1:23:05back in our laundromat.
  2760. 1:23:05>> Yep.
  2761. 1:23:06>> So we could be successful in the long
  2762. 1:23:07run, but maybe not everybody sees it
  2763. 1:23:09that way, right? So, you know, those are
  2764. 1:23:11the things I would think about if I
  2765. 1:23:12bought a laundromat.
  2766. 1:23:13>> Yeah. Good summary.
  2767. 1:23:15>> Yeah. And I would listen to your
  2768. 1:23:16podcast. It will help them.
  2769. 1:23:17>> Yes, definitely. You have to answer I
  2770. 1:23:20was looking for top requirement.
  2771. 1:23:22>> Yeah, I would definitely I've learned a
  2772. 1:23:23lot.
  2773. 1:23:24>> They have to listen to the podcast. I
  2774. 1:23:25mean obviously that is that is number
  2775. 1:23:27one and there's so many YouTubes and
  2776. 1:23:30there's so much information out there.
  2777. 1:23:31The the Facebook forums like there's a
  2778. 1:23:33lot out there.
  2779. 1:23:34>> Networking helps a lot. A lot.
  2780. 1:23:37>> Yeah. What what the people listening
  2781. 1:23:39don't know is that similar to how you
  2782. 1:23:40incentivize your employees to get Google
  2783. 1:23:43five star reviews, I now owe each of you
  2784. 1:23:45$5 for saying that they have to listen
  2785. 1:23:47to my podcast. So that check in in the
  2786. 1:23:49mail for both in the mail.
  2787. 1:23:51>> Don't talk to her like me.
  2788. 1:23:53>> Yeah.
  2789. 1:23:54>> Uh, no, I appreciate that. No, I mean I
  2790. 1:23:58think that's all just great advice,
  2791. 1:23:59right? If like um you know it's so I
  2792. 1:24:04mean for me me personally I'm sort of
  2793. 1:24:07like naturally I'm trying to like grow
  2794. 1:24:10out of this but I'm like naturally like
  2795. 1:24:11sort of that lone wolf mentality, right?
  2796. 1:24:13So given that advice of like, hey, don't
  2797. 1:24:15go it alone. Like
  2798. 1:24:17>> you're not reinventing the wheel here.
  2799. 1:24:18You know, you might be able to put your
  2800. 1:24:20own spin on it. Like I'm punting all
  2801. 1:24:22over the place right now, right? Spin on
  2802. 1:24:23that wheel, but you don't have to uh you
  2803. 1:24:26don't have to reinvent the wheel. So
  2804. 1:24:27find somebody who can help guide you
  2805. 1:24:28through it. And
  2806. 1:24:29>> it'll help you make good decisions,
  2807. 1:24:31right? And you know, you you said
  2808. 1:24:33earlier, George, you were like, "Hey, I
  2809. 1:24:35wish I wish I had me when I was buying
  2810. 1:24:38the first one and everything I know now,
  2811. 1:24:39right?" And I've said it a lot of times
  2812. 1:24:41about myself like hey like a 15minute
  2813. 1:24:44conversation with me now
  2814. 1:24:46>> from you know back then would have saved
  2815. 1:24:49me six figures easy.
  2816. 1:24:50>> Yeah.
  2817. 1:24:51>> Yeah. Yeah. Yeah. Yeah. So I I get that
  2818. 1:24:53and and listen you part part of it is
  2819. 1:24:56like you've got to go through what you
  2820. 1:24:57got to go through, right? The the
  2821. 1:24:59struggles and all that stuff and the
  2822. 1:25:01hard work. That's how you learn.
  2823. 1:25:03>> That's how you grow. And that's how you
  2824. 1:25:05refine
  2825. 1:25:06>> what you want your business to be.
  2826. 1:25:08Right. You've said a lot of things on
  2827. 1:25:10this episode like a lot of things. We
  2828. 1:25:12never want our customers to walk away
  2829. 1:25:14unhappy and it have been my fault,
  2830. 1:25:16right? We don't we want to make sure
  2831. 1:25:18that, you know, our uh our customers
  2832. 1:25:21feel, you know, cared for. We want to
  2833. 1:25:23make sure that we are, you know, not
  2834. 1:25:25letting people who aren't supposed to be
  2835. 1:25:27there, you know, be there. We want to
  2836. 1:25:29make sure it's a, you know, a good
  2837. 1:25:30experience. And if I just got to touch
  2838. 1:25:32up paint, like I'm going to do that,
  2839. 1:25:34right? like you just said like a lot of
  2840. 1:25:36things but all that stuff has been you
  2841. 1:25:38didn't have all of that probably on your
  2842. 1:25:41doodle pad when you were drawing your
  2843. 1:25:43logo right
  2844. 1:25:45you learn all that and you refine all
  2845. 1:25:47that by
  2846. 1:25:48>> doing the business right but there's a
  2847. 1:25:50lot of things you can shortcut by having
  2848. 1:25:52some experience in your corner early on
  2849. 1:25:53I think that's
  2850. 1:25:55>> great advice I think that's great advice
  2851. 1:25:58>> um and I feel like you've already gone
  2852. 1:26:00through a bunch of stuff but I just want
  2853. 1:26:01to see if there's anything else you want
  2854. 1:26:03to add to this If you're talking to
  2855. 1:26:05other owners specifically,
  2856. 1:26:08um, you know, what's what's one thing
  2857. 1:26:10you felt like you have done really well
  2858. 1:26:13that has worked out for you that you
  2859. 1:26:15think if other owners did this as well?
  2860. 1:26:17And, you know, not saying that nobody
  2861. 1:26:18else does it, but if other owners do
  2862. 1:26:20this, they'll probably it'll help grow
  2863. 1:26:22their business.
  2864. 1:26:26>> Come on.
  2865. 1:26:27>> What?
  2866. 1:26:28>> Answer the question. What would you
  2867. 1:26:30advise another owner? What would you say
  2868. 1:26:32that works for us that would help them?
  2869. 1:26:35>> Are you asking me?
  2870. 1:26:36>> Yeah. Well, that's what he's asking.
  2871. 1:26:37>> Do you have an answer?
  2872. 1:26:38>> We're both asking you now.
  2873. 1:26:40>> I kind of do. I mean, I kind of do.
  2874. 1:26:42>> I think
  2875. 1:26:43>> YOU TALK SO MUCH. WHY IS THAT throwing
  2876. 1:26:45me off? I like I don't know.
  2877. 1:26:48>> Said a bunch.
  2878. 1:26:51>> I think being more personable with with
  2879. 1:26:52the customer. I I think that owner
  2880. 1:26:54should be more visible. I mean, yeah,
  2881. 1:26:57you could open a laundromat and just
  2882. 1:26:59leave it sit there, Jordan, and make
  2883. 1:27:00money. But maybe visit your store once
  2884. 1:27:02in a while. Mingle with your customer.
  2885. 1:27:05Talk to them. See if they're happy. Ask
  2886. 1:27:07them if there's something you could do.
  2887. 1:27:08This is something that we do, and I do
  2888. 1:27:09do this, and so does my wife.
  2889. 1:27:11>> Hey, is there anything we could do
  2890. 1:27:13better? What do you think we could do
  2891. 1:27:14better here? Is there
  2892. 1:27:15>> He does do that a lot.
  2893. 1:27:16>> I say, is do you go to their
  2894. 1:27:18laundromats?
  2895. 1:27:18>> I always when you goat when you go, is
  2896. 1:27:21it a better experience than my
  2897. 1:27:22laundromat? Tell me what I could do
  2898. 1:27:24better for you. what would make it
  2899. 1:27:25better for you?
  2900. 1:27:26>> Well, what usually ends up happening is
  2901. 1:27:27people usually tell us the ones that
  2902. 1:27:29they're dissatisfied with and that's how
  2903. 1:27:30they landed at us. So then we kind of
  2904. 1:27:32know like, oh, should we like go check
  2905. 1:27:34that one out, you know, like and then we
  2906. 1:27:35do, right? But um yeah, he does do that
  2907. 1:27:38a lot. He does solicit feedback. He is
  2908. 1:27:40very like grateful to them. He he tells
  2909. 1:27:43them, "Thank you for coming in. Like we
  2910. 1:27:44appreciate you."
  2911. 1:27:45>> She does too.
  2912. 1:27:46>> That's a scary question though. Like I
  2913. 1:27:48mean I'd rather go to you cuz listen I'd
  2914. 1:27:51rather have the honesty because if I
  2915. 1:27:53could if I could do something better for
  2916. 1:27:57the customer so I could build my brand
  2917. 1:27:59and be a better a better laundromat for
  2918. 1:28:01them and I get them for life. Well then
  2919. 1:28:04I win, right? So you tell me, hey
  2920. 1:28:06listen, I don't like this and if it's
  2921. 1:28:08something I could I can't change, right?
  2922. 1:28:10Well then I can't change it. But if it's
  2923. 1:28:12something that I could do, something
  2924. 1:28:13small, something silly, I mean I'm going
  2925. 1:28:15to definitely do it, right? Why would
  2926. 1:28:17you not want that feedback?
  2927. 1:28:18>> I don't point blank ask them.
  2928. 1:28:20>> I do. I do.
  2929. 1:28:22>> Well, I know that's it's huge though
  2930. 1:28:24because I mean it is a scary question,
  2931. 1:28:26right? Like I think a lot of us avoid
  2932. 1:28:28asking that question because it feels
  2933. 1:28:31like personal.
  2934. 1:28:32>> Listen, if I have to give out a free
  2935. 1:28:33popcorn every Sunday to make them happy
  2936. 1:28:36by damn it, I'll go and I'll buy a
  2937. 1:28:37popcorn machine for a few hundred bucks
  2938. 1:28:39and I'll make it every Sunday.
  2939. 1:28:40>> We haven't done that.
  2940. 1:28:40>> I don't care. I think it's a good idea
  2941. 1:28:42though. I think we should do something
  2942. 1:28:43like that. That's why I'm like gelat
  2943. 1:28:46kind of things and she's like it'll be
  2944. 1:28:47all over the floor. So why would we pay
  2945. 1:28:48people?
  2946. 1:28:48>> It would be and I specifically said
  2947. 1:28:50please don't bring up any ideas you
  2948. 1:28:52haven't ran past me on the podcast and
  2949. 1:28:54here we are.
  2950. 1:28:57I'm just making said if they said hey
  2951. 1:29:00you know what um this would be a great
  2952. 1:29:01idea.
  2953. 1:29:02>> Like if I can come away with giving the
  2954. 1:29:04customer something I would definitely do
  2955. 1:29:05that. I do it kind of like in in more of
  2956. 1:29:07a run. I do ask about other laundromats,
  2957. 1:29:09but I like get to know the customers
  2958. 1:29:11like, you know, where do you live? Like
  2959. 1:29:12their family structure. I I'll find out
  2960. 1:29:14about their dog.
  2961. 1:29:15>> She remembers their name, too.
  2962. 1:29:17>> Oh, she's like, Bob hasn't came in this
  2963. 1:29:18week. I wonder why.
  2964. 1:29:20>> I don't even know who Bob even is.
  2965. 1:29:22>> Okay, so that's it. So, knowing
  2966. 1:29:24somebody's name goes such a long way for
  2967. 1:29:27someone. Like, I just feel like I mean,
  2968. 1:29:29that's a common business theme, right?
  2969. 1:29:31Like just knowing somebody's name and
  2970. 1:29:33then being able to recall that I feel
  2971. 1:29:35like is just singlehandedly such an
  2972. 1:29:37advantage to not only customers um
  2973. 1:29:40colleagues potential business
  2974. 1:29:42connection.
  2975. 1:29:42>> That goes back to me being more
  2976. 1:29:43personable. Be in your store once in a
  2977. 1:29:45while. Say hi to the customers, right?
  2978. 1:29:47That's that's us.
  2979. 1:29:48>> But like I'll get to know their name.
  2980. 1:29:49I'll know a little bit about them and
  2981. 1:29:50then I'll be asking like, "Hey, how was
  2982. 1:29:52your how was your daughter's vacation?"
  2983. 1:29:54Like, "Oh, where's your dog at? How's he
  2984. 1:29:56doing? Is he doing better?" You know, I
  2985. 1:29:57know you have anxiety. Like I like I I
  2986. 1:30:00talk with and then I notice their days
  2987. 1:30:02and then I'll say, "Hey, it's it's it's
  2988. 1:30:04a different day. Why are you in on this
  2989. 1:30:05day?" And then he's like, "You're so
  2990. 1:30:06weird. How do you know their days?" And
  2991. 1:30:07I'm like, "Because they come in at the
  2992. 1:30:08same washer on the same day and I notice
  2993. 1:30:11that." And then they know that I noticed
  2994. 1:30:12that if they're going to one of the the
  2995. 1:30:14the just laundromats with no name, no
  2996. 1:30:18branding, no owner presence. They're not
  2997. 1:30:21getting that.
  2998. 1:30:21>> Well, and I thank him for for supporting
  2999. 1:30:23our family business every time. Thank
  3000. 1:30:25you for supporting our small business.
  3001. 1:30:27And I always say that to them. I said,
  3002. 1:30:29"I I hold the door and let them out the
  3003. 1:30:31with her laundry."
  3004. 1:30:32>> Oh, we always do that. My daughter knows
  3005. 1:30:34that she's somebody with laundry. She
  3006. 1:30:36has to open that door because I mean
  3007. 1:30:37again like are you going to a laundromat
  3008. 1:30:39where you're carrying your heavy baskets
  3009. 1:30:41or your heavy bag and someone's opening
  3010. 1:30:42the door for you or like I've carried it
  3011. 1:30:44out to their cars. He's carried it out
  3012. 1:30:45to their like we help them.
  3013. 1:30:47>> How many owners do that Jordan?
  3014. 1:30:48>> Yeah. I mean we're in we're we're doing
  3015. 1:30:50the things.
  3016. 1:30:51>> Yeah. Like that's just who we are as
  3017. 1:30:53people though. I mean we
  3018. 1:30:54>> we want to let them know that we're no
  3019. 1:30:56different than you, man. You know what
  3020. 1:30:57I'm saying? There's I mean,
  3021. 1:30:59>> yeah, we're not these like, you know,
  3022. 1:31:01we're too good for No, we're here to
  3023. 1:31:04help you. We're here to serve you. Like,
  3024. 1:31:05yes, this is our business, but we're
  3025. 1:31:07here to
  3026. 1:31:08>> That's why our customer service and
  3027. 1:31:10that's why we win all day twice on
  3028. 1:31:11Sunday at every one of our laundromat or
  3029. 1:31:13both of our locations because we're not
  3030. 1:31:16afraid to answer our phone and fix that
  3031. 1:31:17problem. They might be and they might
  3032. 1:31:19not want to be annoyed with you, but
  3033. 1:31:20that we came from the restaurants and
  3034. 1:31:22we'll we'll cater to our customer. We're
  3035. 1:31:24not afraid. We're not lazy people.
  3036. 1:31:26There's always something.
  3037. 1:31:26>> And I'm not saying other owners are
  3038. 1:31:27lazy. I'm just saying that that's not
  3039. 1:31:28who we are as folks. We We want to do
  3040. 1:31:30the right thing and we want to do the
  3041. 1:31:32right thing by our customers.
  3042. 1:31:33>> Damn.
  3043. 1:31:35>> Something that answers that with all
  3044. 1:31:36that stuff I just No, I mean I'm glad I
  3045. 1:31:39asked it because you guys just kicked
  3046. 1:31:40into like it was a little like I don't
  3047. 1:31:43know. And then all of a sudden you were
  3048. 1:31:44off to the races. No pun intended again.
  3049. 1:31:48>> Uh but uh I mean like the passion comes
  3050. 1:31:51out, right? Like when you're talking
  3051. 1:31:52about remembering names and their
  3052. 1:31:54stories and their days and,
  3053. 1:31:57>> you know, helping them, you know,
  3054. 1:31:58opening doors, helping them out with
  3055. 1:32:00their laundry, like the passion comes
  3056. 1:32:02out. Uh, and it's super clear. And
  3057. 1:32:04that's why you've been able to build a
  3058. 1:32:06big brand. That's why you've been able
  3059. 1:32:07to take over a laundromat that was owned
  3060. 1:32:09by somebody remotely and double business
  3061. 1:32:11very quickly, right?
  3062. 1:32:13>> Um, it's because you have that passion
  3063. 1:32:14and you have that mindset where you're
  3064. 1:32:16like, "Hey, we're here to serve you, not
  3065. 1:32:18the other way around,
  3066. 1:32:19>> right?" Uh, and it's it's huge. That's
  3067. 1:32:21huge.
  3068. 1:32:22>> That's how I really feel, too.
  3069. 1:32:23>> Well, Dave Men says it all the time,
  3070. 1:32:25too. You know, like he was one of like
  3071. 1:32:27he was the first podcast I ever listened
  3072. 1:32:28to, which is how I got him onto it. I I
  3073. 1:32:31read his book, and then I heard him on
  3074. 1:32:32the podcast, and when he said like, I'm
  3075. 1:32:34I'm serving my community, and I was
  3076. 1:32:36like, you know what, he's
  3077. 1:32:37>> he's right. Like, he kind of put into
  3078. 1:32:39words what kind of we were already doing
  3079. 1:32:40and feeling, but we didn't have like
  3080. 1:32:42those specific words.
  3081. 1:32:43>> That's why I said I said, you know, with
  3082. 1:32:45with networking and being on Facebook.
  3083. 1:32:47My wife was on Facebook. She's part of
  3084. 1:32:49the uh CLA now.
  3085. 1:32:51>> Yeah, we're both part of the CLA.
  3086. 1:32:52>> And now she's uh uh she's on with the
  3087. 1:32:54lovely lady ladies of Laundry.
  3088. 1:32:56>> That's a group on Facebook.
  3089. 1:32:57>> I mean, she does a lot of stuff with all
  3090. 1:32:59with everybody in the laundromat
  3091. 1:33:01business that helps us. And again, with
  3092. 1:33:03the new owner thing, those are the
  3093. 1:33:05things I would do.
  3094. 1:33:06>> Like I would reach out to other owners
  3095. 1:33:07and if they're willing to help you, like
  3096. 1:33:08me and Kate, there's no reason you could
  3097. 1:33:11be successful. There's no reason you
  3098. 1:33:12can't be.
  3099. 1:33:12>> And and for women specifically, there's
  3100. 1:33:14the Women's Laundry Network. Um, I
  3101. 1:33:16recently joined the task force where I'm
  3102. 1:33:18surrounded by a bunch of really great
  3103. 1:33:19women that are in this industry, which
  3104. 1:33:21that was very lonely for me, you know,
  3105. 1:33:24like thinking, okay, there's really not
  3106. 1:33:26a lot of women in this industry or at
  3107. 1:33:28least that was my perception, right?
  3108. 1:33:30Which clearly that's not true anymore.
  3109. 1:33:32Like I've met so many great women.
  3110. 1:33:34>> I watched Sasha fix a washer.
  3111. 1:33:36>> Yeah. But I mean, but like I
  3112. 1:33:38>> fix the spring business that wasn't, you
  3113. 1:33:42know, like not a lot of women were in
  3114. 1:33:43this business and and then like I've
  3115. 1:33:45been proven wrong and I've gotten to
  3116. 1:33:46meet so many great women. So there's
  3117. 1:33:48definitely supports out there and
  3118. 1:33:50there's there's this entire community,
  3119. 1:33:51you know, virtual in person that you
  3120. 1:33:53need to tap into and it will make you
  3121. 1:33:55successful and and motivate you.
  3122. 1:33:57>> And there's a lot of owners that are
  3123. 1:33:58great, just great people. Really great
  3124. 1:34:00people.
  3125. 1:34:01>> Really lucky.
  3126. 1:34:02>> Yeah.
  3127. 1:34:03Well, and yeah, I mean, I love that they
  3128. 1:34:05have like the like the lovely ladies
  3129. 1:34:07laundry and, you know, some stuff for
  3130. 1:34:09the women, too, because like you said,
  3131. 1:34:10like it's been the industry's been like
  3132. 1:34:12a a boys club, uh, for a long time. And
  3133. 1:34:16so, but there are there's a lot I mean,
  3134. 1:34:18I've had a lot of them, uh, guests on
  3135. 1:34:20the show, women, uh, who are crushing it
  3136. 1:34:22and doing awesome stuff in the industry.
  3137. 1:34:24So, I love that.
  3138. 1:34:25>> Um, although I do feel a little left
  3139. 1:34:26out, I'll be honest with you. I don't
  3140. 1:34:28know, George. Maybe we need to start the
  3141. 1:34:31masculine men with mats. Matt masculine
  3142. 1:34:34men with mats. How about that?
  3143. 1:34:36>> I'm okay with that. I'm okay with that.
  3144. 1:34:39>> Maybe not. Uh, awesome guys. You have
  3145. 1:34:43brought passion. You have brought a ton
  3146. 1:34:47of just very practical advice. And I
  3147. 1:34:51think most importantly, you've brought
  3148. 1:34:53great mindsets about how you're thinking
  3149. 1:34:54about your business that I I think we
  3150. 1:34:56all should be learning from and taking
  3151. 1:34:57away from. You know, for me, that's my
  3152. 1:34:59big takeaway here. Um, but I have one
  3153. 1:35:03last question. If people are out there
  3154. 1:35:05listening to your episode and they're
  3155. 1:35:07like, "Ah, I love these guys. I would
  3156. 1:35:09love to connect with them." What is the
  3157. 1:35:11best way that they can connect with you?
  3158. 1:35:14>> Um, so we have a couple different
  3159. 1:35:15things. Uh, we have email
  3160. 1:35:16laundrylcgmail.com.
  3161. 1:35:20Uh, we're on Facebook, laundrylc. We're
  3162. 1:35:22on um we're getting our new website
  3163. 1:35:25created which will be laundrylc.com.
  3164. 1:35:29And then um we also have Tik Toks. Uh I
  3165. 1:35:32am have lipstick and laundry all spelled
  3166. 1:35:34out. And then George is the laundromat
  3167. 1:35:36maintenance man.
  3168. 1:35:38>> Oh, all right. I didn't know you guys
  3169. 1:35:39were in the Tik Tok game. I got to get
  3170. 1:35:42on that.
  3171. 1:35:43>> Yeah,
  3172. 1:35:44>> we're just getting started.
  3173. 1:35:45>> Start doing I didn't do any videos.
  3174. 1:35:47>> I started to do uh I want to start doing
  3175. 1:35:48repair videos on there.
  3176. 1:35:50>> Yeah.
  3177. 1:35:51>> Um what's the guy's name? I always watch
  3178. 1:35:53>> Kenan Kenan. I watch Kenan all the time
  3179. 1:35:55>> and he was phenomenal and he shared his
  3180. 1:35:58idol. He really was great.
  3181. 1:35:59>> So, I'm going to start doing videos on
  3182. 1:36:01repairing stuff so people could see how
  3183. 1:36:02to do it and um we could educate and
  3184. 1:36:05this way they don't have to pay $100 an
  3185. 1:36:08hour.
  3186. 1:36:09>> It's worth that. And and I love I love
  3187. 1:36:12lipstick and I love laundry. So, we like
  3188. 1:36:15I'm I'm merging both of those two
  3189. 1:36:16things. Um, contrary to how most people
  3190. 1:36:20believe, I actually really love doing
  3191. 1:36:21laundry. I've always enjoyed it. So, it
  3192. 1:36:23was very natural to buy laundry mats for
  3193. 1:36:25me.
  3194. 1:36:26>> Weird.
  3195. 1:36:28>> I was a mess. That might be weird
  3196. 1:36:30earlier. I know I'm weird. I own it.
  3197. 1:36:32It's all good.
  3198. 1:36:32>> Yeah, that's good though. That's good.
  3199. 1:36:36Well, uh, you got to have at least one
  3200. 1:36:37video on how to get lipstick out of your
  3201. 1:36:39laundry uh on there at some point there.
  3202. 1:36:42So, get that.
  3203. 1:36:42>> All right. I'll work on that.
  3204. 1:36:44>> Yeah. Yeah. Um, awesome. We'll we'll
  3205. 1:36:46make sure we have links to all that.
  3206. 1:36:48That'll be on the show notes page or if
  3207. 1:36:49you're on YouTube, that'll be down
  3208. 1:36:50below. Uh connect with these guys. This
  3209. 1:36:52is what they they literally told me
  3210. 1:36:54before we hit record. We came on the
  3211. 1:36:56show because they listened to this
  3212. 1:36:58podcast, other podcasts, and were able
  3213. 1:37:00to actually connect with people in
  3214. 1:37:02person at some of the events and stuff
  3215. 1:37:03like that. And they said, "We want to do
  3216. 1:37:04the same thing for other people." So,
  3217. 1:37:06>> blow them up. Blow them up. Go, you
  3218. 1:37:09know, send them the email. uh go go
  3219. 1:37:12follow them on TikTok and uh be a part
  3220. 1:37:14of the one of the early ones on their
  3221. 1:37:16journey there. Uh guys, thank you so
  3222. 1:37:19much for taking the time and coming on
  3223. 1:37:20the show. It's incred genuinely
  3224. 1:37:22incredible. Maybe even an instant
  3225. 1:37:25classic here. Uh just so much good stuff
  3226. 1:37:27in here and I really appreciate you
  3227. 1:37:29guys. Thank you.
  3228. 1:37:30>> Thank you so much for having
  3229. 1:37:31>> It's my honor to be on your show. I I
  3230. 1:37:33was like a little girl before this show.
  3231. 1:37:34I told you that.
  3232. 1:37:35>> We were so
  3233. 1:37:36>> I couldn't believe that I got to come on
  3234. 1:37:37the show. I was so excited. You have no
  3235. 1:37:39idea. It's such a big deal for us. Like
  3236. 1:37:41we we learned so much and and we're just
  3237. 1:37:43hoping that we can give at least some
  3238. 1:37:45piece of information to
  3239. 1:37:47>> you helped us so much just by listening
  3240. 1:37:48to like I said going to work.
  3241. 1:37:50>> We really appreciate it. Thank you so
  3242. 1:37:51much.
  3243. 1:37:51>> Thanks for what you do. Please don't
  3244. 1:37:53stop.
  3245. 1:37:53>> Yeah. And thanks for having us on. We
  3246. 1:37:54really appreciate it.
  3247. 1:37:55>> I'll try to keep it I try to that helps
  3248. 1:37:57you know cuz sometimes it gets a little
  3249. 1:37:58you know tedious doing a lot of it's a
  3250. 1:38:00lot of work put these things out but
  3251. 1:38:02>> I know
  3252. 1:38:02>> I appreciate the feedback.
  3253. 1:38:04>> That helps all the owners. I'll tell you
  3254. 1:38:05I really learned a lot from your show. I
  3255. 1:38:07listen to it all the time. go to work. I
  3256. 1:38:09really appreciate you. Thank you. Thank
  3257. 1:38:10you so much.
  3258. 1:38:11>> Yeah. Well, and it's all it's all
  3259. 1:38:13genuinely it's all only because people
  3260. 1:38:15like you come on the show and share your
  3261. 1:38:16stories. Like, so I'm I'm going to send
  3262. 1:38:19it right back to you and thank you guys
  3263. 1:38:21for for doing that. Everybody out there,
  3264. 1:38:23you know, like I said, good people here
  3265. 1:38:25doing good stuff. Go connect with them,
  3266. 1:38:27you know, especially if you're, you
  3267. 1:38:28know, interested in connecting with
  3268. 1:38:29women in the ind. Well, if you're a
  3269. 1:38:31woman interested in connecting with
  3270. 1:38:32women in the industry, I don't know if
  3271. 1:38:34you're a dude looking to connect with
  3272. 1:38:35women. I don't know.
  3273. 1:38:36>> I don't know. Are you doing a dating
  3274. 1:38:37service yet? Laundrydating.com.
  3275. 1:38:40>> I don't know. Maybe like laundry lane.
  3276. 1:38:43>> Don't give her no idea. She'll be trying
  3277. 1:38:44to Yeah. Just mull it over. Yeah. M over
  3278. 1:38:48by that next.
  3279. 1:38:49>> Yeah. When you get it launched, you come
  3280. 1:38:51back on the podcast and we'll do a
  3281. 1:38:52little dating uh dating show. It' be
  3282. 1:38:54great.
  3283. 1:38:57>> No, but uh yeah, connect up with these
  3284. 1:38:59guys for sure. Guys, I again I genuinely
  3285. 1:39:02appreciate you guys taking the time
  3286. 1:39:03coming on sharing your your story and
  3287. 1:39:06we'll have to have you back on as you
  3288. 1:39:08grow this pickup and delivery business
  3289. 1:39:10and we want to hear how that goes and
  3290. 1:39:11what you learn doing that process as
  3291. 1:39:13well. So, appreciate you guys.
  3292. 1:39:15>> Thank you so much.
  3293. 1:39:17>> Hope you love that episode. I know you
  3294. 1:39:18did cuz Kate and George were phenomenal
  3295. 1:39:21people. So much good stuff in there. a
  3296. 1:39:23lot of knowledge, not a lot of wisdom,
  3297. 1:39:24and a lot of fun all wrapped up into one
  3298. 1:39:28package of Laundry Lane LLC. Uh, listen,
  3299. 1:39:31all that again, as always, will have
  3300. 1:39:33been a complete waste of time. Yes,
  3301. 1:39:35maybe entertaining and fun, but a
  3302. 1:39:37complete waste of time in helping you
  3303. 1:39:39achieve your goals unless you get out
  3304. 1:39:41there and take some action. So, go take
  3305. 1:39:43some action today. Pick one thing from
  3306. 1:39:45the episode, put it into practice today
  3307. 1:39:48if possible. very least do it this week
  3308. 1:39:51as we stack these actions week after
  3309. 1:39:53week after week. Guess how far you'll go
  3310. 1:39:56after one year, two years, five years,
  3311. 1:39:5810 years from now when you're listening
  3312. 1:40:00to LaMat Resource Podcast, stacking all
  3313. 1:40:02these actions, 500 different actions in.
  3314. 1:40:05You're going to be a whole new person.
  3315. 1:40:07Probably living at a nicer house than me
  3316. 1:40:10on the beach in Hawaii. Uh so, how about
  3317. 1:40:14that? Let's do that. Yes. All right. Go
  3318. 1:40:16out there and take some action. And
  3319. 1:40:18we'll see you next time. Peace.

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