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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