Laundromat Owner Tips: Multi-Store Success & Family Balance S3E56 - The Laundromat Millionaire Show

If you're even THINKING about buying a laundromat, start here first: https://laundromatmillionaire.com/sho... This will help you AVOID the mistakes most people make before they even realize it. In this episode of the Laundromat Millionaire Show, Matt Hylton shares his laundromat owner tips. He works a full-time job, owns 2 gyms, 4 laundromats, and still has time for his family. How does he do it?? His laundromat owner tips are no secret and he shares them with us today. Listen as he tells us his laundromat owner tips for managing multiple laundromats more efficiently. As a hands on owner who does repairs himself, he reveals the difference between various washing machine types to help you get the most out of your money. Referenced Links: Dave’s Coaching & Workshops: https://laundromatmillionaire.com/edu... H-M Company Drain Troughs: https://draintroughs.com Link to get Atmosphere TV: https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE” or Contact Mike directly: Mike.Kelly@Atmosphere.tv Guest’s Website: https://megawashkc.com/ Guest's Facebook:   / megawashkc   Our Website: https://www.laundromatmillionaire.com Our Online Course: https://dave-menz.mykajabi.com/sales-... Our Youtube channel:    / @laundromatmillionaire   Our Podcast: https://laundromatmillionaire.com/pod... Our Facebook:   / laundromatmillionaire   Our Facebook Group:   / laundromatmillionaire   Our LinkedIn:   / dave-laundromat-millionaire-menz   Our Instagram:   / laundromatmillionaire   Our laundromats: https://www.queencitylaundry.com Our pick-up and delivery laundry services: https://queencitylaundry.com/delivery/ Our WDF and Delivery Workshops: https://laundromatmillionaire.com/pic... LaundroBoost Marketing Company: https://www.laundroboostmarketing.com Suggested Services Page: https://laundromatmillionaire.com/ser... WDF & Delivery Dynamics: A Complete Business Blueprint: https://laundromatmillionaire.com/wdf... Timestamps 00:00 Laundromat Millionaire Intro 03:37 Matt’s Backstory 06:02 Why Laundromats? 10:29 Buying the 1st Store and Expanding to 3 15:54 His Laundromat Models 19:43 Why Move Away from Unattended? 21:55 Can You Actually Make Money with WDF? 25:23 Matt’s Pick-Up & Delivery Journey & Obtaining Smoke Remediation Clients 30:00 Unattended = No Labor?? 30:56 The Hub & Spoke Model to Expand Your Market 32:46 The Essential Technology for Your Store & What to Look For in a Payment System 36:46 Buy New or Used Equipment When Retooling a Store 39:56 The Difference in Soft Mount Equipment & Are They All the Same? 46:02 What Sets You Apart – Your Competitive Advantage 50:13 Another Venture & Fitness Goals 52:20 How COVID Shifted Matt’s Perspective on Laundromats 57:34 Advice – What Would You Have Done Differently? 59:13 Matt’s Contact Info