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‘Stop Laundry Tax’ (Conclusion)

CHICAGO — Self-service laundry operators can attest to the various challenges of operating a laundry business.

A part of this equation is realizing the amount of income your laundry business has to report on a quarterly and yearly basis to your state’s revenue department and to the Internal Revenue Service (IRS).

Though there are certain tax exemptions for self-service laundry operators, properly calculating and reporting your laundry’s income can be a cumbersome process.

‘Stop Laundry Tax’ (Part 1)

CHICAGO — Self-service laundry operators can attest to the various challenges of operating a laundry business.

A part of this equation is realizing the amount of income your laundry business has to report on a quarterly and yearly basis to your state’s revenue department and to the Internal Revenue Service (IRS).

Though there are certain tax exemptions for self-service laundry operators, properly calculating and reporting your laundry’s income can be a cumbersome process.

Speed Queen Raises Funds, Collects Donations for Domestic Abuse Awareness

WASHINGTON — Speed Queen has recently participated in fundraising efforts toward ending domestic abuse through Mudderella’s Capital Region event, as well as donating clothing and a new washer-dryer pair to a local women’s shelter, the company reports.

As part of its “Dirty for a Difference” campaign, Speed Queen challenged more than 800 teams at the District of Columbia Capital Region Mudderella event. 

Huebsch Adds Loomis Bros. Equipment to Distributors Roster

ST. LOUIS — Loomis Bros. Equipment Co. has become a partner in Huebsch’s distributor network, the company reports.

The company says that it is now an authorized distributor of Huebsch vended laundry equipment in eastern Missouri, southern Illinois and northern Indiana.

Founded in 1949, Loomis Bros. has been serving the laundry industry for more than 65 years.

The company says that its tenure in the industry, combined with Huebsch’s more than 100 years history of manufacturing laundry equipment, makes a “perfect partnership.”

Continental Girbau Promotes Kraemer to Regional Sales Manager

OSHKOSH, Wis. — Continental Girbau Inc. has promoted Wesley Kraemer, Ripon, Wis., to regional sales manager — Central U.S., the company reports.

Kraemer joined Continental in 2010 as a management trainee—a role in which he fielded customer and distributor calls; gained product knowledge; honed communication skills; and handled lead follow-up and qualification.

In his new role, he will manage Continental distributor sales and national accounts within the Central U.S.

Alliance Laundry Holdings Completes $400M Finance Facility

RIPON, Wis. — Alliance Laundry Holdings LLC, the parent company of Alliance Laundry Systems, has completed a new $400 million asset-backed finance facility, the company reports.

The facility supports its business operations in North America and select European markets.

“Financing is a key component of maintaining and growing our leading market share, specifically within our vended laundry segment in North America,” says Mike Schoeb, Alliance Laundry president and CEO. “This new facility will allow us to expand on those services to the European market.”

How California Drought Impacts State’s Coin Laundry Industry (Conclusion)

CHICAGO — Utilities—chiefly expenses related to water and sewer rates—remain the highest expenditure for many coin laundry operators.

“The water and sewer costs for the average coin laundry is somewhere between 10-15% of their gross income on a monthly basis,” says Brian Brunckhorst, owner of Advantage Laundry, Hayward, Calif., and president of the Golden State Coin Laundry Association (GSCLA).

How California Drought Impacts State’s Coin Laundry Industry (Part 1)

CHICAGO — Utilities—chiefly expenses related to water and sewer rates—remain the highest expenditure for many coin laundry operators.

“The water and sewer costs for the average coin laundry is somewhere between 10-15% of their gross income on a monthly basis,” says Brian Brunckhorst, owner of Advantage Laundry, Hayward, Calif., and president of the Golden State Coin Laundry Association (GSCLA).

Laundry Owners Warehouse Expands Parts Facility

FORT LAUDERDALE, Fla. — Laundry Owners Warehouse (L.O.W.) has completed an expansion of its facility to accommodate an inventory of more than 10,000 new and used products, the company reports.

“Our new showroom and warehouse represents our commitment to provide store owners coast-to-coast the replacement components they need to reduce machine downtime and increase profitability,” says L.O.W. Parts Division Manager Oren Shedo.

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