Business Bio: Coin Laundry 24/7

By Bob Nieman, CLA Member posted 24 days ago

  
Osiel Castellon
Coin Laundry 24/7
Hialeah, Fla.

Coin_Laundry_247_4.jpgBefore Getting into the Laundry Business…

Osiel was a professional truck driver and travel agency owner.

Store Opening

November 2016

Business Hours

24 hours a day, seven days a week

Staff

Four full-time attendants and one part-time attendant

Total Square Footage

3,500 square feet

Coin_Laundry_247_1.jpgParking Availability

The store is located in a shopping plaza, and features general parking in front and dedicated laundromat customer parking in the back of the facility.

Lease or Own?

The business is on a 10-year lease, with a 10-year option.

The Building

Coin Laundry 24/7 previously had been a pharmacy. The process to convert this facility into a modern vended laundry took approximately eight months.

Utility Costs

Utility costs represent approximately 20 percent of the store’s gross revenue.

Marketplace Demographics

The market is primarily Hispanic, with a large percentage of renters.

Coin_Laundry_247_2.jpgCompetition

There are three other laundromats within one mile of Coin Laundry 24/7.

Payment Options

Coin Laundry 24/7 accepts coins, laundry cards, credit cards, EBT payment and Apple Pay.

Washers and Dryers

16 Speed Queen 20-pound frontloaders
14 Speed Queen 30-pound frontloaders
6 Speed Queen 40-pound frontloaders
3 Speed Queen 60-pound frontloaders
2 Speed Queen 80-pound frontloaders
14 Speed Queen 30-pound stack dryers
6 Speed Queen 45-pound stack dryers

Water Heating System

Rinnai tankless water heating units

Coin_Laundry247_3.jpgCard System

ESD CrossLink system

Bill Changers

American Changer and Rowe bill changers

Laundry Carts

24 R&B Wire Products laundry carts

Folding Tables

Solomatic fiberglass folding tables with upper shelves

Flooring

Wood-grain porcelain tile flooring

Lighting

LED lighting

Beverage Vending

1 beverage vending machine, stocked with various soda brands, as well as juice and water

Snack Vending

2 snack vending machine featuring various popular sweet and salty snacks

Televisions

3 55-inch televisions, connected to DirecTV
1 42-inch television, connected to Speed Queen Quantum’s Wash Alert machine availability system

Arcade/Video Games

5 separate video game units, each appealing to different age groups and game interests

Additional Amenities

• Detergent and other laundry items sold over the counter
• Lounge seating, including round tables and two The Back Rubber massage chairs
• Drop-off drycleaning service

Wash-Dry-Fold Service

Available 24 hours a day, seven days a week

Project Consultants

Noel Orozco, vice president of Statewide Laundry Equipment, and Abel Urra, Statewide consultant

Distributor

Statewide Laundry Equipment, Hialeah, Fla. (305) 624-5169
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