First-time investors can be drawn to the promise of being an “absentee owner,” imagining a steady stream of income without the headaches of daily operations. But reality often tells a different story.

“ The reality is that fewer than 5% of current laundromats are actually operated as fully absentee. Keep in mind that someone ...

CHICAGO — Based on results from this year’s American Coin-Op annual State of the Industry survey, nearly 70% of owners and operators saw their total business improve last year. How did your operation ...

Commercial lender Eastern Funding will host another in its series of Laundry Business Workshops in Dallas on Thursday, April 10. The four-hour workshop (10 a.m. to 2 p.m. Central) is open to existing ...

CHARLOTTE, N.C. — In celebration of National Laundry Day on Tuesday, April 15, LaundroLab is giving back to some local communities it serves by offering free laundry services and family resources at ...

CHICAGO — Based on results from this year’s American Coin-Op annual State of the Industry survey, nearly 70% of owners and operators saw their total business improve last year. How did your operation ...

CINCINNATI — Tide Services, franchisor of the Tide Laundromat and Tide Cleaners brands, reports it has signed a milestone 50-unit franchise agreement with multi-unit franchise operator CMG Companies.