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Speed Queen® Store Owner Shares Extra-Profit Center Success in American Coin-Op

7/27/2015

American Coin-Op magazine asked Mike Gilley, owner of Laundry & Tan Connection and Speed Queen® store owner, to share tips for pursuing extra-profit centers in the July cover story, "Diving into Diversification." With great success adding tanning salons to approximately 70 percent of his laundromats, Gilley advises operators to understand the demographics of the area in which a laundromat is located and the needs of the community before pursuing an extra-profit center. He says, "The biggest thing is that if somebody wants to add an additional ancillary revenue source they need to do their homework and do business with somebody that is professional and understands the business."

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