Secrets to Scaling with Joe Dan & Kelli Reed

Are you looking to get into the laundry industry or already in and want to grow? This episode of The Laundromat Millionaire Show is full of advice on hot topics such as whether to retool or build new, which equipment to buy, want to negotiate in your lease, how big should your laundromat be, which payment system is right for you, how to scale a pick-up & delivery service, and much more!  Get advice from industry veterans Joe Dan & Kelli Reed as Dave & Carla dive deep into the world of laundromat ownership!Referenced Links: ·        Dave’s Coaching & Workshops: www.laundromatmillionaire.com/coachingOur Guest’s Websites: www.splashemout.comOur Guest’s YouTube: https://www.youtube.com/@splashemoutlaundromatOur Guest’s LinkedIn: https://www.linkedin.com/in/joe-dan-reed-1967525Our Website: www.laundromatmillionaire.com Our 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: www.queencitylaundry.com Our pick-up and delivery laundry services: www.queencitylaundry.com/deliveryIndeed for Staffing: www.indeed.comH-M Laundry Equipment: https://hmlaundryequipment.com/Foltex Folding Machines: http://www.foltex-usa.com/LaundroWorks Payment Systems: https://laundroworks.com/Cents Payment Systems: www.trycents.comTimestamps0:00:00 Laundromat Millionaire Intro0:03:45 Splash Em Out on YouTube0:06:33 Dan & Kelli’s Backstory0:08:52 How a Cleaning Company Began the Laundry Journey0:10:56 The 1st Laundromat0:12:56 Tips for Staffing0:15:12 Learning from Mistakes – Partners & Free Laundromats0:18:13 Growing from 1 to 10 Laundromats0:20:08 Are “Free Laundromats” a Thing of the Past?0:21:45 Building New vs Retooling0:22:47 What to Look for in a Laundromat Purchase0:24:47 Attended vs Non-attended Stores0:25:34 Advice for Your Lease0:30:30 Preferred Laundry Equipment0:34:04 When to Retool Again0:36:06 When to Buy Cheaper Machines0:40:08 Journey into Wash-Dry-Fold & Pickup Delivery0:42:24 Adding a Folding Machine0:44:40 Becoming More Profitable by Decreasing Service Area0:46:16 Should You Target Commercial Accounts?0:47:47 Preferred Payment Systems0:54:01 Trade-In Incentives0:55:27 Giving Back to Customers0:57:02 Joe Dan & Kelli’s Contact Info0:58:03 Power of Networking1:02:06 Prevalence of “ZombieMats”1:03:35 Closing Remarks