Success Stories

Check out real stories from real investors about how the dedicated experts at Speed Queen® helped
them achieve maximum laundromat success.

 

COIN LAUNDROMATS: UNCOMMON FLEXIBILITY WITH UNMATCHED ROI

With a low capital requirement and
high ROI, a coin laundry is a stable
business opportunity for new
investors. See how Speed Queen® is
the perfect partner for profitability.

 

SPEED QUEEN® SALES MANAGER INTERVIEWED BY FRANCHISE DIRECT

Franchise Direct interviewed Tom Weisheiphl, Speed Queen® Senior Regional Sales Manager for the Midwest, about the services and support Speed Queen laundry manufacturer provides its investors to set them up for success. In the interview, Weisheiphl shared that he has been in the industry for sixteen years and enjoys working closely with Speed Queen distributors to help investors create profitable businesses. He also shared that Speed Queen laundry manufacturer provides full-scale support solutions delivered by a team of dedicated laundry experts, who will counsel investors through every step of the process – from location selection analysis to equipment selection and more.

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Milwaukee Journal Sentinel Features Milwaukee Laundromat Investor

Mickey Mitchell – Texas Wash Tub, Monahan, Texas

Former high school teacher and football coach, Mickey Mitchell, reached retirement and was looking for an opportunity to invest in a small business. He and four other investors saw an unmet need in their town and opened a laundromat, the Texas Wash Tub, equipped with Speed Queen’s Quantum™ Gold networking system. This industry-leading program has allowed Mitchell to set time-of-day pricing, monitor cash flow and profitability, and generate financial reports for members of his ownership group.

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Milwaukee Journal Sentinel Features Milwaukee Laundromat Investor

Bill Kingsmill – King Coin Laundry, Covington, Louisiana

In 2005, after Hurricane Katrina destroyed many businesses in his hometown, shopping center owner Bill Kingsmill decided to take over an existing laundromat in his shopping mall. Ten successful years later, Kingsmill has relocated and renovated his laundromat, replacing old machines with brand new Speed Queen equipment, which has increased profits and reduced utility expenses.

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Milwaukee Journal Sentinel Features Milwaukee Laundromat Investor

Adrian Najera – Mi Lavanderia, Elgin, Illinois

When the Great Recession hit, electrical sales engineer Adrian Najera decided that opening a laundromat would fulfill his long-term financial needs. Najera opened Mi Lavanderia in 2009 and has since replaced all of his old machines with brand new Speed Queen equipment. He also offers ancillary services, such as calling cards, that add value to his laundry operation and provide revenue to his already profitable laundromat.

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Milwaukee Journal Sentinel Features Milwaukee Laundromat Investor

Ed Ellis – 1 Clean Laundry, Orlando, Florida

Ed Ellis and his wife Rachael got into the laundry business to escape the 24/7 grind of the property management business. They use Quantum™ controls to implement special promotions, manage their revenue and program their machines anywhere they have an Internet connection, virtually eliminating the need for hands-on, around-the-clock management.

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Milwaukee Journal Sentinel Features Milwaukee Laundromat Investor

Milwaukee Journal Sentinel Features Milwaukee Laundromat Investor

The Milwaukee Journal Sentinel conducted an interview with Sean O'Byrne, Milwaukee laundromat owner and Dan Bowe, Speed Queen national sales manager, about the benefits of investing in vended laundry. The article discusses how laundromats are a virtually recession-proof business venture with a high return on investment. Speed Queen's finance program was also showcased as a resource for new coin laundry investors that alleviates the initial financial burden associated with opening one's own business.

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Al Amiri

Building A Profitable Future

When Al Amiri was looking for supplemental income, he realized a coin laundromat business with Speed Queen would generate high ROI with little effort. He now buys and refurbishes older laundromats to sell to other investors - helping them build their future with a stable, profitable business. Watch now »

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Our Beautiful Launderette

Case Study: Our Beautiful Launderette

California entrepreneur Deechen Horton saw an investment opportunity in coin laundry. She purchased an old, neglected laundromat and upgraded the equipment to reliable, high-performance Speed Queen commercial washers and dryers, giving customers what they're looking for and drastically improving profitability. Watch now »

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For Your Success

Speed Queen: For Your Success

Jon Horn discusses the benefits of owning eight successful Speed Queen laundromats, and the added value of replacing older equipment with newer, larger, energy efficient machines equipped with advanced Quantum® Gold controls. Watch now »

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Lavanderia El Gringo

Case Study: Lavanderia El Gringo

Ed and Rich McCobb invested in a coin laundromat for its flexibility and high ROI. And they partnered with Speed Queen for reliable equipment with advanced Quantum Controls. Speed Queen helped them with everything from site demographics to store design to financing, and their profits quickly beat their expectations. Watch now »

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Laundromats: The Perfect Tenant

Laundromats: The Perfect Tenant

Laundromats are recession resistant and therefore the perfect tenant for a shopping center. They also increase foot traffic and revenue for other businesses within the shopping center. Speed Queen is the perfect partner, with profitable equipment and Financial Services that make success easy. Watch now »

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