Robert Renteria

Laundromat Development Offers Solid Business Opportunity

CHICAGO — Over the past 23 years, I have helped to develop more than 750 coin Laundromats nationally and abroad. I have been involved in working with entrepreneurs on a one-on-one basis as well as working with franchises, national chains, and all the way to the floor of the New York Stock Exchange.

The reasons that this business attracts all levels of investors is because it is easy to manage, there’s no spoilage, it’s difficult to get robbed, it’s “pay to play,” and it provides a service that everybody needs: clean clothes.

Staying Focused During Trying Times

CHICAGO — I know that, given today’s economic climate, it is hard to stay focused and on your game. The challenges are mentally exhausting, and it sometimes feels like someone has literally punched you in the gut, but remember this: “The greater the struggle, the greater the victory.”

When you map out your game plan and push forward, don’t be afraid to shift and adapt your course, because you don’t ever want to become “trapped.”

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