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Laundry Money

May 15, 2020

So why should you start a laundromat business? In the Season 1 finale of Laundry Money, Howard Shear and Rex Anderson from Lakeside Laundry Equipment recap the first season and discuss what's next with the help of Host and Producer Max Branstetter. Learn how to start your laundromat business, how profitable it can be,...


May 15, 2020

How do you maximize cash flow in your laundromat business? In Episode 6, Howard Shear and Rex Anderson from Lakeside Laundry Equipment detail traffic expectations, maximizing cash flow, and accountability. Learn how much traffic your store can handle, how to maximize cash flow, why accountability is important, why you...


May 15, 2020

What are the other costs of starting a laundromat business? In Episode 5, Howard Shear and Rex Anderson from Lakeside Laundry Equipment take you through time commitment, overhead costs, and attended stores vs. unattended stores. Learn how much time you should spend on your laundromat business, how much can be automated,...


May 15, 2020

How much does it cost to start a laundromat business? In Episode 4, Howard Shear and Rex Anderson from Lakeside Laundry Equipment explain the upfront costs, construction needs, lender costs, and equipment needs of your business. Learn the upfront costs to consider before signing your lease, the cost of starting...


May 15, 2020

How much profit can you expect from your laundromat business? In Episode 3, Howard Shear and Rex Anderson from Lakeside Laundry Equipment discuss ROI, key market drivers, economic impact, and additional income opportunities. Learn what ROI you can expect from a laundromat business, when you should expect to see a...