Case Studies
How LAMBANT helped laundromat owners with an off-market sale, a turnaround, and a store that runs without them.
Schedule a CallMatching Two Laundromat Owners for a Win-Win Exit and Expansion
Marla doubled her wash-dry-fold business by acquiring Randall's location.
The Challenge
Randall was ready to retire, but selling his laundromat outright would have meant a heavy capital gains bill. He also had no interest in a public listing.
Marla ran a wash-dry-fold business in the same area and wanted to grow it. She needed more capacity and a location with an established customer base, but nothing suitable was on the market.
The Approach
We saw that Randall's exit goals and Marla's growth goals lined up. Because Randall's store was never listed, it would never have appeared in Marla's search. We identified the off-market opportunity and introduced the two owners.
Over six months, we guided both sides through consultation and negotiation, balancing Randall's tax and retirement needs against Marla's expansion plans until the terms worked for both.
The Results
- Marla doubled her wash-dry-fold business by acquiring Randall's location.
- Randall sold with minimal capital gains and receives recurring passive income for 10 years.
- Both owners reached their goals through a deal that never went to market.
Takeaway
The best deal for a business owner isn't always a public listing. Our off-market sourcing and structured negotiation helped a retiring owner exit on his terms and gave a growing operator the foothold she needed.
Turning Around a Struggling Laundromat
The store generates 40% profit each month.
The Challenge
Jeff was working at his laundromat most days and still couldn't turn a profit. When he came to us, he was three months behind on rent. Half the equipment in the store needed replacing, and he had no funds and no lenders willing to help him retool.
The Approach
We worked with Jeff for a full year to turn the business around. With traditional financing out of reach, we helped him retool through a mix of leased equipment and capital improvements, replacing the aging machines without a large upfront investment. We also worked on the day-to-day operations that kept Jeff tied to the store.
The Results
- Modernized store: The laundromat now runs on high-spin equipment.
- Profitability: The store generates 40% profit each month.
- Time back: Part-time employees work for Jeff, and he can take weekends off.
Takeaway
A laundromat that looks like it's failing can often be fixed. Even without lenders, we found a way to modernize Jeff's store, taking him from missed rent and aging machines to a profitable business that no longer depends on him being there every day.
How We Helped a Busy Couple Turn Their Laundromat Around
The store runs without needing Maya and Ray there every day.
The Challenge
Running a store on top of two careers and a family left them stretched thin. Coin collection was inconsistent, revenue was hard to track, and customer issues needed their attention at all hours. They were ready to sell.
The Approach
- Payment system: We helped them choose the right card and coin system for their store and customers.
- Collection routine: We built a steady coin collection process that became second nature.
- Revenue tracking: We set them up with a simple phone app to see daily revenue from anywhere.
- Remote customer service: We implemented a system so customers get help without Maya or Ray being on site.
The Results
- Revenue and profit margins are now fully traceable.
- Their collection routine is stable and predictable.
- The store runs without needing them there every day.
- Maya and Ray decided to keep the business instead of selling it.
- We meet with them monthly to cut expenses and grow their margin.
Takeaway
Maya and Ray didn't need to sell. They needed the right systems. With clear numbers and a store that runs remotely, the laundromat now fits their lives instead of competing with them.
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