The Eco Laundry Room
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Transcript of The Eco Laundry Room
The Eco Laundry Room Paul J Bichler, CEO & Founder
Problem: The laundry industry is a mature one with high utility expenses and water consumption. They are often dull and unattractive.
The Eco Laundry Room Is a revamp of the traditional coin laundry mat. Our goal is to provide a comfortable space with many amenities saving customers money by “greening up” many aspects of the business.
Solution:
• By “greening up” the laundry mat, we are able to dramatically reduce monthly utility prices and consumption
• We save customers time and money in a self serve laundry mat
• The business is promoted through social media, publicity and networking
Underlying Magic:
• Solar heated water • High speed, low energy, low water use Spanish made front loading machines • Intermittent heat natural gas dryers • Free WiFi and TV lounge • Kids play area and family friendly washroom • Environment friendly cleaning products • “Green” building products
Marketing Strategy & Competition:
• Competition is reluctant to change • Our advantage is our machinery, speed and price point • Customers go out of their way to use facility • Becomes a place for social gatherings that is also convenient for
parents to bring their children
Management Team:
Paul Bichler………..…marketing and promotion Brant Kelso………………….building and design
Milestones Achieved & Future Plans:
• 1st location…..Peterborough 2007 • 2nd location…..Toronto 2010 • Looking to build 2 more Toronto stores in 2012
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Year 1 Year 2 Year 3 Year 4
Revenue (in 000's)
Recognition:
• Media coverage: CBC’s Dragons Den, BNN The Pitch, Toronto Star, Yonge Street Media, CP24, Green Heroes, Green Living Online, American Coin Magazine and many others
• Awards: Peterborough Chamber of Commerce, Commercial Restoration Award, Best Coin Laundry, Peterborough 2008, 2009 & 2010
A Tour of the Eco Laundry Room - Toronto
Paul Bichler, CEO & Founder (647)341-0973
[email protected] www.theecolaundryroom.com
Twitter: @ecolaundryroom
Facebook: The Eco Laundry Room on Danforth