Before You Buy More Equipment... with Horace Lewis

If your laundromat is so busy people are turning away, does that mean it's time to expand? Do you need more space and more equipment or is there another solution? When is the right time to invest in more equipment or even another location? Listen as Horace Lewis shares his laundromat journey with Dave & Carla Menz and they discuss this often debated topic.Referenced Links: Xpress Laundromats Website: https://www.xpresslaundromat2.com/Our Website: https://www.laundromatmillionaire.comOur Online Course: https://dave-menz.mykajabi.com/sales-pageOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaireOur LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: https://www.queencitylaundry.comOur pick-up and delivery laundry services: https://www.queencitylaundry.com/deliveryH-M Company Drain Troughs: https://www.draintroughs.comLaundroBoost Marketing Company: https://laundroboostmarketing.com/The Laundromat Millionaire Insurance Program: https://laundromatmillionaire.com/insurance/Suggested Services Page: https://www.laundromatmillionaire.com/servicesWDF & Delivery Dynamics: A Complete Business Blueprint: https://laundromatmillionaire.com/wdf-delivery-dynamics-a-business-blueprint/WDF & Delivery Workshops: https://laundromatmillionaire.com/pick-up-delivery-workshop/Timestamps00:00 Service Provider Spotlight – Laundromat Millionaire Insurance01:40 The Laundromat Millionaire Show Intro03:08 Horace’s Backstory: Finding Opportunity in a Recession09:18 How Jobs Prepare You to be an Entrepreneur14:35 From Real Estate Investor to Gaming Machines to Laundromats18:52 Finding a Great Location22:57 Getting the Store Open and Marketing to the Community28:23 When Should You Buy More Equipment?42:38 Incentives for Slow Days43:46 Finding a 2nd Location49:01 Changing the Stigma of Laundromats52:07 Next Steps for Horace52:33 Adding Skill Games to a Laundromat54:00 Closing Remarks