The Economics of Everyday Things

113. Laundromats

167 snips
Nov 3, 2025
Jordan Berry, a savvy laundromat owner and founder of Laundromat Resource, shares his journey from career crossroads to laundromat expert. He discusses how the industry evolved from ancient methods to today's coin-operated setups. Discover how tech, apps, and delivery services are reshaping the market. Jordan also dives into what fuels predictable revenue, touching on demographics and commercial clients. Plus, hear wild stories about lost items, common machine mishaps, and the surprisingly strong community ties formed in laundromats.
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ADVICE

Manage Turns Not Just Traffic

  • Track machine 'turns per day' and raise prices instead of overworking machines once turns hit 8–10.
  • Balance more turns against increased wear and maintenance costs.
INSIGHT

Big Machines Boost Capacity Per Footprint

  • Larger machines can increase capacity without expanding footprint, improving profitability.
  • Replacing multiple small machines with one big unit gains wash pounds for same floor space.
ADVICE

Plan For Heavy, Frequent Coin Handling

  • Prepare to collect and recycle quarters frequently and plan bank visits to handle heavy coin weight.
  • In high-risk areas empty machines more often to avoid keeping large coin sums on site.
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