Tips for Multi-Store Management with Ross Dodds

The Laundromat Millionaire Show with Dave Menz

Interested in growing your laundromat into a multi-store chain? Or are you overwhelmed already with the location you have? Follow along with Dave "Laundromat Millionaire" Menz and his wife, Carla as they interview Ross Dodds, owner of the multi-store chain Luxe Laundries in Los Angeles, CA. He'll share his tips for growing the business, managing multiple locations, and the challenges and potential success of adding a pick-up & delivery service to your model. Listen and learn how we are at the beginning of a Revolution in the Laundromat Industry!Referenced Links:The Laundromat Millionaire Conference: www.laundromatmillionaire/conferenceH-M Company Drain Troughs: https://draintroughs.comLink to get Atmosphere TV:https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”Contact Mike directly: [e-mail]’s Websites: https://luxelaundries.com/ and https://www.washclubla.com/Guest’s Email: [e-mail]’s Facebook Forum: https://www.facebook.com/groups/laundromatownersOur website: www.laundromatmillionaire.comOur Online Course: https://dave-menz.mykajabi.com/sales-pageOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaireOur LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiCoin Laundry Association: www.coinlaundry.orgLaundromat Resource w/Ross Dodds: https://laundromatresource.com/show9/Alliance: www.alliancelaundry.comDexter: www.dexter.comLos Lavaderos Coin Laundries: https://www.facebook.com/LosLavaderoslaundromats/FasCard: www.laundrycard.comTimestamps:00:00:00 Laundromat Millionaire Show Intro - Quotes00:02:30 Ross's Backstory00:04:20 First Store with Little Money00:11:06 A Fire Changes the Plan00:15:01 How Much Insurance is Enough?00:16:53 A Second Laundromat Gets Frozen00:19:02 Financing 2 Remodels with Plastic00:20:02 Great Advice from Another Owner00:22:44 How to Evolve from 1 to 8 Stores00:27:36 A Passive Business?00:28:49 Lessons for Multi-Store Owners00:35:50 Pick-Up & Delivery Journey00:38:01 The Turning Point for Profitability00:42:04 Modernizing Rundown Laundromats00:44:37 An Industry Revolution00:48:45 Know Your Avatar00:51:46 Advice for those in Pick-Up & Delivery00:54:32 Avoiding Comfortable Complacency00:56:15 Early Mistakes in Making Pick-Up & Delivery Profitable00:59:41 Effects of Increasing Your Prices01:06:11 Ross's Contact Info01:06:53 How to Fly & Stay for FREE!Learn more about your ad choices. Visit megaphone.fm/adchoicesMake More with Matt Heslin
Explore strategies to thrive financially, build legacy, and enhance life experiences.
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1. [Ad] Make More with Matt Heslin (00:11:41)

2. (Cont.) Tips for Multi-Store Management with Ross Dodds (00:11:42)