The Change That Increased Revenue 32% with Tim & Dustin Gill S3E58

Tim's 1st laundromat lost $70k, until he took the advice of an old friend. Could these changes turn your store around too? Listen as Tim & Dustin Gill of Jacksonville, FL and Atlanta, GA share this father-son story of entering the laundromat industry. As they discuss their journey from 1 to 4 stores with Dave & Carla Menz, they share the advice they've learned along the way. There are many "golden nuggets" to learn, so be sure to follow along!Referenced Links: • Dave’s Coaching & Workshops: www.laundromatmillionaire.com/coaching• H-M Company Drain Troughs: https://draintroughs.com• Link to get Atmosphere TV: https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”o Contact Mike directly: [email protected] Guest’s websites:• Bay Meadows Laundry: https://baymeadowslaundry.net/• Patio Laundry: https://patiolaundry.com/Our 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/deliveryLaundroworks Card Systems: www.laundroworks.comHuebsch & Speed Queen Equipment: https://alliancelaundry.com/Our Episode on Staffing: https://youtu.be/FxcHafohi3gTimestamps00:00 Laundromat Millionaire Intro02:10 Tim’s Laundromat Backstory06:05 Why switch to 24 Hour & Cards Only10:36 Tim’s 1st Store 12:37 Attended all 24 Hours??16:19 Dustin’s Laundromat Backstory19:55 Dustin’s 1st Store (Tim’s 2nd)22:31 Marketing Ideas for Your New Store31:30 Advice on Handling Employee Mistakes36:32 Dustin’s 2nd Store (Tim’s 3rd)41:15 Tips on Staffing43:41 Should Every Store Be Open 24 Hours?46:34 Getting the Store Profitable48:24 Switching Payment Systems50:18 Tim’s 4th Store52:43 Elevating the Industry55:54 Advice