$1 Million Laundromat is Closer Than You Think with Sukanth Srivastav

Welcome back to another exciting episode of Laundromat Resource! In today's episode, we have a special guest joining us, Sukanth Srivastav, the founder of Turns. Sukanth shares his insights on running an effective laundry business and discusses the future of the industry. From the importance of payment card systems to the potential of multi-location ownership, Sukanth covers it all. He also reveals how the laundry industry can experience significant growth, and how laundromat owners can leverage technology to enhance their operations. Get ready to learn some valuable tips and strategies for taking your laundry business to the next level. As always, we have some exciting announcements, including a live Q&A session with Sukanth and details about upcoming meet-ups. So grab your favorite detergent, sit back, and let's dive into the world of laundry business with Sukanth Srivastav on Laundromat Resource!

In this episode, Jordan and Sukanth discuss:
00:00:00 Founder Sukanth discusses laundry business tips
00:07:09 Successful engineer-turned-founder scales laundry business, and sells it.
00:13:16 Contrarian view: Acquire customers offline, not online.
00:22:20 Laundromats are not easy to start.
00:25:05 Efficient payment card system for laundromats.
00:29:43 Laundromats offer opportunities for cross-selling and upselling.
00:36:22 Opportunity in laundromat industry, focus on North America.
00:41:40 Lots of action on the ground. Profitable business potential.
00:48:19 Sophisticated discussion on customer retention and revenue.
00:53:14 Mom and pop stores can become successful multi-location brands.
01:01:52 Obsessive owners ensure customer retention, online presence.
01:04:43 Platform manages all aspects of your business, including website integration and AI-driven insights.
01:13:23 Entrepreneurs need capital and predictability for success.
01:17:44 SAS benefits laundromat owners by streamlining operations.
01:22:17 Exciting future, community impact, positive industry changes.
01:27:15 Live Q&A with unique perspective on operations.

Show Notes
https://laundromatresource.com/show127

Show Sponsors

AtmosphereTV- 50+ channels of positive, fun TV programming, allowing you to cut your cable bill and create a great atmosphere in your laundromat! Get the registration fee waived by using this link!

https://atmosphere.tv/partner/laundromat-resource

How to Analyze, Value, and Buy a Laundromat- Everything you need to know and unlimited access to all of the tools and resources you need to buy your laundromat the right way the first time!

https://www.laundromatresource.com/laundromat-analysis-course/

Resources
Website: https://turnsapp.com
Linkedin: https://www.linkedin.com/in/sukanth-srivastav/
Email: [email protected]
Live Q&A September 25th @ 10:00 am PST: https://youtube.com/live/8ru4t4mUjHo?feature=share
Send Sukanth a "thank you" video: https://www.bonjoro.com/te/podcast-takeaways/c5ad6e37-dd16-45b0-a68a-2c9c68c8d5cf

Get Connected
Join us for our first in-person meet up: https://www.laundromatresource.com/event/la10-23/
Join Laundromat Resource- https://laundromatresource.com/join
Laundromat Resource Coaching- https://laundromatresource.com/coaching
Laundromat Resource Courses- https://laundromatresource.com/laundromat-courses
Laundromat Resource Forums- https://laundromatresource.com/forums
Diligence Capital Investments- https://diligencecapitalinvestments.com​
Laundromat Resource Events- https://laundromatresource.com/events
Laundromat Investor Resources- https://laundromatresource.com/resources
Laundromat Resource Blog- https://laundromatresource.com/blog​​​​​
Be a guest on the podcast!- https://laundromatresource.com/podcastguest​
Laundromat Marketplace- Buy and Sell Laundromats for Free- https://laundromatmarketplace.com​​

Social Media
Instagram- https://www.instagram.com/laundromatresource/
Faceboook- https://www.facebook.com/TheLaundromatResource
LinkedIn- https://www.linkedin.com/company/laundromat-resource
Twitter- https://twitter.com/LaundryResource
TikTok- https://www.tiktok.com/@laundromatresource

AtmosphereTV: https://atmosphere.tv/partner/laundromat-resource

Youtube playlist links
Podcast:
https://www.youtube.com/playlist?list=PLR1wdJneFmrNn5PJiM-oOSvNQ4AU2g2XK
Business Mastery:
https://www.youtube.com/playlist?list=PLR1wdJneFmrMQ32HHIme1dqYcbohmciyq
Secret Sauce:
https://www.youtube.com/playlist?list=PLR1wdJneFmrN_xCpJPdb6riqg9XHQNa6Z
Pro Tips:
https://www.youtube.com/playlist?list=PLR1wdJneFmrPPqkIVeSodNBP1n_xL6h_u
Recommended Resources: https://www.youtube.com/playlist?list=PLR1wdJneFmrN-Ym16AnRKEsAammnPp6d2

* Some links may be affiliate links in which the channel owner may receive compensation when you make a purchase using those links. Thank you for supporting the channel!