Calling a laundromat a passive or even semi-passive business can definitely be a contentious claim! However, Ian Gollahon share how he and his business partner were able to create just that - while also running their software business Wash-Dry-Fold POS! In this episode of The Laundromat Millionaire Show, learn the keys to creating a business you don't have to work in every day. Additionally, learn the latest changes in laundry POS software and advice on how to choose the right platform for your business.
Referenced Links:
Our Guest: Wash-Dry-Fold POS: https://www.washdryfoldpos.com/
Liberty Laundromats in Oklahoma: https://www.libertylaundryok.com/
Our Sponsors: H-M Company Drain Troughs: https://www.draintroughs.com & LaundroBoost: https://laundroboostmarketing.com
Our Website: https://www.laundromatmillionaire.com
Our Online Course: https://dave-menz.mykajabi.com/sales-page
Our Youtube channel: https://youtube.com/c/LaundromatMillionaire
Our Podcast: https://laundromatmillionaire.com/podcast/
Our Facebook: https://www.facebook.com/laundromatmillionaire/
Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaire
Our LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/
Our Instagram: https://www.instagram.com/laundromatmillionaire/
Our laundromats: https://www.queencitylaundry.com
Our pick-up and delivery laundry services: https://www.queencitylaundry.com/delivery
Our WDF & Delivery Workshop: https://laundromatmillionaire.com/pick-up-delivery-workshop/
Suggested Services Page: https://www.laundromatmillionaire.com/services
WDF & Delivery Dynamics: A Complete Business Blueprint: https://laundromatmillionaire.com/wdf-delivery-dynamics-a-business-blueprint/
The Laundromat Millionaire Insurance Program: https://laundromatmillionaire.com/insurance/
LaundroWorks: https://laundroworks.com
Alliance laundry systems: https://alliancelaundry.com/
Previous Episode with Brian Henderson: https://youtu.be/e_T9GAL1qdM?si=IoNffY-ViAWoTF-1
Previous Episode with Clean Cloud: https://youtu.be/NZWfAldtLZc?si=nS5zkWg707So1V9n
Previous Episode with Cents: https://laundromatmillionaire.com/laundromatmillionaire_videos/growth-comfort-do-not-coexist-with-alex-jekowsky/
Heartland cc processing: https://contact.heartland.us/
Timestamps
00:00 Episode 108 Intro – Ian Gollahon
06:49 Tips for Increasing Revenue of Laundromats
10:33 Time Spent at Laundromats
11:49 Switching from Coins to Loyalty Cards
13:58 Starting WDF POS & the Laundromat Acquisition
17:03 Making the Laundromat Semi-Passive
24:45 Organizational Structure & Why Operate Fully Attended
32:31 Laundromat Fire Risks
39:28 Updates on WDF POS & How to Choose a POS System
46:34 Machine & Software Integrations
52:39 Why You Need a POS System & Combatting Employee Theft
56:29 Get a Demo of WDF POS
57:33 Credit Card Processing Fees
58:21 Final Thoughts – Laundromats as a Semi-Passive Business