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Welcome back to another episode of the Laundromat Resource Podcast! This time, we're diving deep into the world of laundromat ownership with Jeff Grampp, who brings a systematic and strategic approach to running his business. Join our host, Jordan Berry, as he sits down with Jeff to explore his journey from financial services to owning a laundromat in Southern California.

Jeff shares insightful tips on securing the right deal, lessons learned in operations, and his unique knack for utilizing data to enhance business decisions. Whether you're a seasoned owner or looking to get your start in the industry, Jeff’s story is packed with valuable lessons and actionable advice. Tune in and discover how patience, thoughtful planning, and a focus on customer and employee experience can set you up for success in the laundromat business!

In this episode, Jordan and Jeff discuss:

00:00 Jeff Grampp: Finance and Real Estate Journey

06:10 Overcoming Hesitation with Coaching

15:12 Prioritizing Qualified Buyers

16:35 Creative Path to Buying a Laundromat

25:15 Avoiding Business Overreach Mistakes

31:35 Waiting for Lease Terms

34:41 Navigating Real Estate Purchase Challenges

41:18 Craigslist Job Survey Screening

47:20 Flexible Store Cleaning Schedule

50:07 Estate Administration Challenges

55:57 "Learning and Adapting to Automation"

59:54 Quick Laundromat Improvements Boost Business

01:06:47 "Laundry Match Promotions: Costly Mistake"

01:10:00 Customer Support and Training Commitment

01:16:27 Pre-Purchase Worry and Reassurance

01:23:16 "Strategizing My Business Expansion"

01:26:08 Laundromat Industry Competition Insights

01:34:44 Planning and Funding for Business Upgrades

01:38:05 Seller Finance: A Negotiation Red Flag

Show Notes
https://laundromatresource.com/show186

Resources

Website: https://www.superwashdrylahabra.com/

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Welcome back to Laundromat News Today! In this exciting episode, we're diving into some captivating stories from the laundromat world. Join your host, Jordan Berry, as he takes you on a journey from a playful rivalry between the San Francisco Giants and a local laundromat owner to an inspiring tale from India where a coin-operated laundry business has evolved into a healthcare and hospitality venture, raising $6 million in the process.

We'll also highlight heartwarming initiatives such as Houston's free laundry and literacy day, Philadelphia's Love Laundry's philanthropic grand opening, and Illinois's nostalgic laundromat/arcade/bar combo. Plus, discover how laundromats are weaving love into culture, as shared by the legendary Dolly Parton. And don't miss out on the promising opportunities offered by Kathy Ireland's laundromat franchise aiming to triple wash-dry-fold revenue.

Stay tuned as we explore these remarkable stories and keep the good times rolling in the laundromat industry.

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Welcome to another exciting episode of the Laundromat Resource Podcast! In today's show, we're thrilled to have back on the podcast Shawn Dandridge, a technology executive and former laundromat owner, who is here to shed light on the vulnerabilities that might be lurking in your laundromat without you even realizing it. We'll be diving deep into the intersection of technology and laundromats, exploring how interconnected systems are shaping our businesses, and the critical steps you must take to protect your laundromat from potential threats. Shawn, with his rich experience in managing enterprise technology infrastructure, offers valuable insights into making your business more secure and efficient. Whether you're a seasoned laundromat owner or just entering the industry, this episode promises to arm you with vital information to safeguard your operations.

Plus, you'll get a preview of how professional-grade technology is becoming more accessible, enabling even small business owners to run their operations like pros. So tune in, take notes, and elevate your laundromat's technology game with Shawn Dandridge!

In this episode, Jordan and Shawn discuss:

00:00 "Protect Your Laundromat Tips"
04:45 Essential Tech Integration for Businesses
10:13 "Technology: Double-Edged Sword"
11:33 Cybersecurity Threats to Small Businesses
14:28 WiFi Security Risks in Stores
20:34 "Credit Card Compliance for Small Businesses"
22:22 "Advancing Industry Professionalization"
26:48 Laundromat Cybersecurity Concerns Grow
28:24 Rise in ADA Lawsuits
32:37 Underreported Corporate Hacks
36:37 Technology's Impact on Laundromat Industry
37:52 Centralizing for Economies of Scale
42:01 Advanced Network Security Solutions
44:39 Preventing Internet Downtime in Business
50:03 Maximizing Laundromat ROI with WiFi
51:42 Laundromat Marketing Opportunities
54:47 Laundromat Resource's Impact Praised

Show Notes
https://laundromatresource.com/show185

Resources
Website: https://trylaundrytech.com/

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