45 min listen
Franchise Business: Founder of LaundroLab TELLS ALL About The Laundry Industry ?
Franchise Business: Founder of LaundroLab TELLS ALL About The Laundry Industry ?
ratings:
Length:
30 minutes
Released:
Dec 1, 2022
Format:
Podcast episode
Description
In this interview, we sat down with Alex Smereczniak, the founder of LaundroLab. Alex has a fascinating story of how he got started in the laundry industry and has some great insights into what it takes to be successful as a franchisee. We talked about everything from his parent's reaction to his decision to start his own business to how the business model works and what numbers are important for franchisees’ success.
Visit LaundroLab Website: https://www.laundrolab.com/
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00:00 Introduction
00:20 About Alex Smereczniak's Background
02:08 Q&A – What did your parents think about you going into entrepreneurship?
03:36 Q&A – How did you decide to pursue raising capital instead of just bootstrapping the operations?
06:29 Q&A – How is a typical location set up?
08:43 About the B2B Side of The Business
10:09 Q&A – What is the revenue split?
11:30 Q&A – What do you charge for the royalty?
15:34 About the Equipment Cost
17:22 Q&A – Is there another industry that you have looked at, revolutionized by technology, that has strongly inspired you?
19:22 Q&A – What is the ideal square footage for a LaundroLab?
22:05 Q&A – What is the process in terms of getting started?
23:36 Q&A – Are there a couple of numbers that are important to the success of the franchisees’ business?
25:06 Concluding Thoughts
#LaundroLabFranchise #FranchiseFindings
If you are looking for more information, you can connect with us through our networks:
https://www.vettedbiz.com/
https://www.linkedin.com/company/vettedbiz/
https://www.facebook.com/vettedbiz
https://www.tiktok.com/@businessandfranchiseinus
Visit LaundroLab Website: https://www.laundrolab.com/
Tired of your job? Thinking of starting or buying a business?
Take our Biz Quiz to filter through over 10,000 business opportunities today! https://www.vettedbiz.com/quiz-test/
Need help finding the right franchise? Click here:
https://www.vettedbiz.com/franchise-search/
00:00 Introduction
00:20 About Alex Smereczniak's Background
02:08 Q&A – What did your parents think about you going into entrepreneurship?
03:36 Q&A – How did you decide to pursue raising capital instead of just bootstrapping the operations?
06:29 Q&A – How is a typical location set up?
08:43 About the B2B Side of The Business
10:09 Q&A – What is the revenue split?
11:30 Q&A – What do you charge for the royalty?
15:34 About the Equipment Cost
17:22 Q&A – Is there another industry that you have looked at, revolutionized by technology, that has strongly inspired you?
19:22 Q&A – What is the ideal square footage for a LaundroLab?
22:05 Q&A – What is the process in terms of getting started?
23:36 Q&A – Are there a couple of numbers that are important to the success of the franchisees’ business?
25:06 Concluding Thoughts
#LaundroLabFranchise #FranchiseFindings
If you are looking for more information, you can connect with us through our networks:
https://www.vettedbiz.com/
https://www.linkedin.com/company/vettedbiz/
https://www.facebook.com/vettedbiz
https://www.tiktok.com/@businessandfranchiseinus
Released:
Dec 1, 2022
Format:
Podcast episode
Titles in the series (100)
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