Before Getting into the Laundry Business...
Kodroff was a corporate executive in the fashion industry.
April 20, 2016
24 hours a day. The laundry is open every day, except for Christmas Day.
Three full-time attendants and four part-time employees
Total Square Footage:
6,162 square feet
There are 35 parking spaces in a private lot. The store has two entrances – one from the rear parking area and one from the side parking area.
Lease or Own?
Kodroff leases his store’s location. The lease agreement is for 10 years, with three five-year options.
The store was originally a Sizzler steakhouse, which was turned into a self-service laundry by a previous owner. However, the facility eventually devolved into a rundown laundromat. At this point, Aaxon Laundry Systems, over the course of eight months, designed and rebuilt the store into a modern, upscale vended laundry.
Today, Laundromart features a bright, comfortable décor – with a separate lounge area that includes a number of table-and-chair seating units; 60-inch televisions; vended food, snacks and beverages; and video/arcade games.
Turns Per Day:
3.5 – with that number steadily increasing since the laundry’s grand opening last September.
Utility costs represent 23 percent of the laundry’s gross sales.
The laundry is located in a strong rental area, with mid- to low-income residents.
There are four other vended laundry competitors in the marketplace.
Laundromart is a smartcard-operated store, which accepts credit/debit cards, EBT cards and cash to load the smartcard.
Washers and Dryers:
10 Huebsch Horizon 20-pound frontloaders, $1.95
10 Huebsch Galaxy 20-pound frontloaders, $2.75
10 Huebsch Galaxy 30-pound frontloaders, $3.75
10 Huebsch Galaxy 40-pound frontloaders, $4.75
7 Huebsch Galaxy 60-pound frontloaders, $5.75
2 Huebsch Galaxy 80-pound frontloaders, $7.75
40 Huebsch 30-pound stack dryers, 25 cents for eight minutes
8 Huebsch 45-pound stack dryers, 25 cents for six minutes
2 Huebsch 75 pound dryers, 50 cents for eight minutes
Water Heating System:
3 Takagi instant hot water heaters
ESD card system
20 R&B Wire Products laundry carts
10 Solomatic six-foot folding tables
Wood-plank-style porcelain tiles
1 Vend-Rite Manufacturing upright, glass display window, card-operated detergent vending machine, prices range from 75 cents to $7.50
2 rented beverage vending machines, prices range from $1.00 to $2.00
2 rented snack vending machines – one includes dry snacks, and the other has ice cream
4 60-inch televisions
1 Pac-Man video game
1 Prize Cube redemption game
1 Star Wars video game
Children’s Play Area:
The laundry features a 1,150-square-foot area located at the rear of the store with comfortable tables and chairs, arcade games and snack machines.
• Free Wi-Fi access
• In-store music streaming
• Outdoor seating
The store’s Regular Service is 99 cents per pound, and the Premium Service – which includes ironing – is $1.50 per pound. Both services require a 10-pound minimum. The per-piece service has a five-item minimum.
Drop-Off Drycleaning Service:
Prices range from $1.89 to $9.99, depending on types of items.
Aaxon Laundry Systems
Fort Lauderdale, Fla.