I often hear from laundromat owners or former owners that when they first bought their laundromat it wasn’t what they expected. Often it was significantly more work and stress than they anticipated.
Many owners cut their losses and sell their laundromat business. They then go off and explore other opportunities. A very few tough it out and either eventually find success, or eventually throw in the towel. Even less end up selling their laundromats only to regret it and buy the exact businesses they sold back.
That’s Nathalie Beaubien’s story. After a stressful and overwhelming start in her laundromat journey, she got to a point where she needed to sell her businesses. Shortly after she did, she regretted it.
In today’s show, Nathalie tells her story about why laundromat ownership was overwhelming, why she sold her businesses, why she bought them back, and what was different the second time around that turned her into the “Soap Box Queen!”
In today’s show, Nathalie and Jordan discuss:
- The path of Nathalie’s journey in the laundromat business
- One of the problems with laundromats
- Why she sold her business
- Why she bought her exact laundromats back
- How the last 7 years was different from her first 5 years owning her laundromats
- Where she found opportunity with her laundromats
- Why she prefers to be hands-on in her business
- How her personal brand has affected her businesses
- How she grew her wash and fold business
- What her secret sauce to success is
- The #1 tip she gives to new laundromat owners
- The best places she has gone to do her research on the laundromat business
And a lot more!
Listen To The Podcast Here
Watch The Podcast Here
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Links from the show
- Diligence Capital Investments
- 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 Nathalie
Hi! My name is Nathalie, and along with my husband Marc we own 2 laundromats, Soap Box Laundromat in Newmarket, Ontario, which is just 25 minutes north of Toronto. It has certainly been a journey over the last 14 years, trying to navigate this crazy laundry world, seeing what works, what machines we like, what our customers expect and much more. I never thought I would be the Soap Box Queen – but here I am..at least, that’s how I’m known around town!