Management Summary
Organization – include about john’s company, the expansion and growth plans
1. Will be organized and managed in a creative and innovative way
2. to generate very high levels of customer satisfaction, and
3. to create a working climate conducive to a high degree
Summary abt business
Today’s coin laundry industry is a strong and vibrant one. Even more appealing is the fact that this dependable public service industry continues to grow and thrive.
By building stores with a complement of large washers, you start to attract the customers first to do blankets and bedspreads, and when they find that going to a laundromat isn’t drudgery, they will come back to save time. Instead of spending an entire Saturday with one washer and one dryer at home. They get it done in two hours."
The other big advantage of larger machines is that, as rent and construction costs continue to escalate, the big machines typically offer a better return on investment because they generate more revenue per square foot.
With smaller equipment, you've got more washers to buy, more construction costs, more rent to pay. For instance, the topload washer, which is 26 inches wide by 25 inches deep, might vend for $1.25 versus the 50-pounder, which is only 34 inches wide and 36 inches deep, and could vend for $5. That's a very big difference.
Without a doubt, the trends are from smaller-capacity topload washers to large-capacity frontload washers," he said. "That is pretty much the trend everywhere. It's not just for operator preference, but customer preference as well. This is probably the first time in my career that I've seen a wholesale shift in customer preference. The industry alw ...