Your success in the laundry business is directly dependent on the quality and terms of your lease. In most states, the written lease agreement is one of the strongest and most binding agreements you can sign. Over the next several years, 50 percent of laundries that go out of business will do so because of a combination of bad leases and uncooperative landlords. Therefore, negotiating on a “win-win” basis is the best way to assure that you secure the best lease possible for your laundry. Attend this program to learn what makes a laundromat lease different from other retail stores and the key elements that should be included in your lease for the long-term success of your business.
Presented by Karl Hinrichs, Owner, HK Laundry Equipment