Hollywood screenwriter of films such as Saving Silverman and Mama’s Boy, and multi-laundromat owner Hank Nelken joins us on the show today to share about his experience getting into the laundromat business.
Hank owns the laundromat brand Half Price Laundry and shares his winding path into the laundry business and reveals the wisdom he has gained from owning multiple stores. Acquiring the fabled free laundromat, Hank started his small empire from scratch and built it into a thriving business.
From a slow start to having multiple “big days” a week, Hank shows how he steadily grew his businesses and exactly how he turned his slowest day into his second “big day” of the week, attracting customers from all over!
Hank is laid back, confident, and wise as he generously shares his story and his wisdom to help you succeed in the laundry business. Don’t miss this this one!
In this episode, Hank and Jordan discuss:
- Hollywood screenwriting
- Experiencing a slow start in business
- Maintaining steady growth over time
- Genius marketing techniques
- Pick-up and delivery- including his hard numbers in his fledgling pick-up and delivery business
- Success mindset
- The concept between his Half Price Laundry
- The FIRE movement- Financial Independence, Retire Early
- The importance of having a great staff
And much more!
Listen To The Podcast Here
Watch The Podcast Here
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Links from the show
- Laundromat Investor Resources
- Join Laundromat Resource
- Laundromat Resource Forums
- Laundromat Resource Blog
- Be a guest on the podcast!
- Sell your laundromat
- Laundromat Resource Coaching
Connect with Hank
Email: [email protected]
Social Media Links:
As a single dad, my priority is to spend as much time with my two boys as I can, and doing laundry is yet another chore that takes me away from them. The cost in time and money is just too high. That is why I created Half Price Laundry.
Our mission is to provide the highest quality cleaning at the lowest possible price. That way, you can spend more money on the things you want and more time with the people you love.
Equally important is leaving my children with a world that is better than the one I inherited. That is why we use high-efficiency, commercial washers and dryers made by Continental. Designed to drive down water, electrical and gas costs while improving productivity, our high-performance washer-extractors deliver more performance using less labor, natural resources, and chemicals.
Founder and CEO Hank Nelken is a screenwriter / entrepreneur who works with communities in Los Angeles to provide high quality laundry at an affordable price. Hank believes quality, convenience, and impeccable customer service are the most important aspects of his or any business. Hank owns two laundromats in Arleta and Panorama City, CA. Hank is also a commercial real estate agent with Keller Williams, Beverly Hills. Hank’s screenwriting credits include Saving Silverman, Are We Done Yet?, and Mama’s Boy. Hank holds a BA from the USC School of Cinematic Arts.