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I could see an app in this space working. I used to work in a laundry place when I was a kid, and the quarters thing was certainly annoying (and some machines d
by matdwyer 15y ago
I could see an app in this space working. I used to work in a laundry place when I was a kid, and the quarters thing was certainly annoying (and some machines didn't work all the times, etc). The owners don't particularly like filling/depositing them, etc.
Big problems are
a) Adoption (selling the system to SO many independent shops. If you can get in with big REIT companies then that's easy, but 90% of those have smart cards anyway
b) Outside of the the super high rent areas (New York, San Fran, etc) most people that use laundry mats are lower income, who may not have smart phones and/or credit cards.