Episode 117 - Inside the Laundromat Business with Mark Csordos

In this episode we dive into the intriguing world of laundromats with expert Mark Csordos.

Mark, the author of the bestselling book "Laundromat Bible," discusses the reasons behind choosing laundromats, the impact of location, and the shift from cash to credit card operations.

He also covers crucial aspects like customer service, common mistakes new owners make, and effective marketing strategies.

Whether you're considering a laundromat venture or just curious about the industry, this episode is packed with valuable insights.

02:01 Why Choose Laundromats?

02:40 Location and Marketing Strategies

04:11 Financial Considerations and Due Diligence

13:31 Customer Service and Technology in Laundromats

18:10 Common Mistakes and Advice for New Owners

21:10 Reasons for Selling and Marketing Tactics

23:47 Resources and Final Thoughts

Upcoming series alert--->Send your questions in for Unpolished MBA® "Hustle And Humor" Series starting Aug 6, 2024. Go to unpolishedmba.com/hustle

Follow Mark Csordos

Mark Csordos on LinkedIn: https://www.linkedin.com/in/markcsordos/

Resources Mentioned:

• Coin Laundry Association - https://www.coinlaundry.org/
• Mark Csordos Website - https://www.markcsordos.com/
• "Laundromat Bible" by Mark Csordos on Amazon - https://a.co/d/4LitOg5

Follow Monique Mills

LinkedIn: https://www.linkedin.com/in/moniquemills/

Bio Website: https://moniquemills.biz/

TPM Focus - Strategy Firm for Startups and SMBs: https://tpmfocus.com/

Become an Unpolished MBA Guest: https://unpolishedmba.com