Laundromat News Today, November 15, 2024

Welcome back to "Laundromat News Today" with Jordan Berry!
In this must-watch episode, we dive into the latest headlines and developments that matter most to laundromat owners, operators, and industry enthusiasts. Stay ahead of the curve and keep your laundromat business thriving by staying informed on these game-changing updates.
Timestamps:
00:01 - Donald Trump Elected as President: Implications for Small Businesses
01:23 - The Role of Laundromats During Election Season: Community Gathering Points
02:18 - Revolutionary Partnership: Presto & WASH Multifamily Deal
03:13 - Cutting-Edge Laundry Robotics: New Towel Folding Machine 'Roger'
04:13 - Tide Laundry’s Major Franchise Deal: Institutional Money in the Industry
05:23 - The Future of Dry Cleaning and Laundry Service Market: $14.26 Billion by 2030
Key Takeaways:
Trump's Election Impact: Understand how the newly elected President's policies may affect small businesses, particularly laundromats.
Community Hub: Explore the unique role laundromats play in bringing communities together, especially during critical times like elections.
Innovative Technologies: Learn about the groundbreaking Presto and WASH Multifamily partnership, and the latest from Laundry Robotics with their 'Roger' towel folding machine.
Franchise Developments: Get insights on Tide Laundry's impressive 51-unit deal and recognize the increasing trend of institutional money flowing into our industry.
Market Growth: Discover why the dry cleaning and laundry service market is projected to hit $14.26 billion by 2030 and what it means for your business.
Why Listen? As a laundromat owner, staying informed about industry trends, technological advancements, and economic shifts is crucial for maintaining a competitive edge. This episode provides vital insights and strategic advice to help you navigate these changes and prepare your business for future success.
Have industry news? Send it to us at [e-mail]

[@patrickdreis9174]

I think DJT is going to harm the laundromat business in a few ways. For example, deporting our customers will hurt sales. And his plans for tariffs will increase our costs.