From Zero to 23 Stores with Jon Schemmel

The Laundromat Millionaire Show with Dave Menz

Jon Schemmel has taken SBL Ventures from zero to 23 laundromats in 5 years! Learn how he's done it, the model he uses, the lessons he's learned, and his hopes for the future. Can laundromat be a passive venture? Is more always better? Thoughts to ponder in this episode of The Laundromat Millionaire Show with Dave & Carla Menz.
Referenced Links:
Our Guest: linkedin https://www.linkedin.com/in/jon-schemmel/ and website http://www.sbl-ventures.com/
Our Sponsors: H-M Company Drain Troughs: https://www.draintroughs.com
Our Website: https://www.laundromatmillionaire.com
Our Online Course: https://dave-menz.mykajabi.com/sales-page
Our Youtube channel: https://youtube.com/c/LaundromatMillionaire
Our Podcast: https://laundromatmillionaire.com/podcast/
Our Facebook: https://www.facebook.com/laundromatmillionaire/
Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaire
Our LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/
Our Instagram: https://www.instagram.com/laundromatmillionaire/
Our laundromats: https://www.queencitylaundry.com
Our pick-up and delivery laundry services: https://www.queencitylaundry.com/delivery
Our WDF & Delivery Workshop: https://laundromatmillionaire.com/pick-up-delivery-workshop/
Suggested Services Page: https://www.laundromatmillionaire.com/services
WDF & Delivery Dynamics: A Complete Business Blueprint: https://laundromatmillionaire.com/wdf-delivery-dynamics-a-business-blueprint/
LaundroBoost Marketing Company: https://laundroboostmarketing.com/
Clean Show Registration: https://the-clean-show.us.messefrankfurt.com/us/en.html
Laundroworks: https://laundroworks.com/
Todd Santoro – Clean Wash Systems https://cleanwashlaundry.com/
Connecteam app https://connecteam.com/
Alliance Laundry Systems https://alliancelaundry.com/
Open Phone https://www.openphone.com/
FasCard: https://www.laundrycard.com/products/fascard/
Timestamps
00:00 Episode 101 Intro
02:29 Jon’s Background: Going from zero to 23 laundromats
04:40 Beyond a Passive Investor
06:52 Getting the 1st Store
08:14 Full-time Job + a Side Hustle?
11:28 Branding Across the Laundromats
12:15 Focused on Turnkey or Fixer Uppers?
15:50 Locations
18:03 Building a Team
20:42 Lessons from Corporate America
22:13 The Laundromat Model
25:53 Customer Service when Unattended
28:01 Payment Systems & Collections
30:57 Evaluating a Potential Purchase
32:48 Staying Basic or Optimize Revenue Streams
38:56 Tips for Managing 23 Locations – Controlling Collections
43:50 Entities & Bookkeeping Strategies
51:07 Building the Airplane as You Fly – Final Thoughts