June 2, 2025 - LaundryBiz News

Coin-O-Matic, The Midwest's Laundromat Equipment Distributor

Searching for new commercial laundry equipment for your midwest laundromat? If so, you will want to check out Coin-O-Matic, they are the midwest’s top provider of vended washers and dryers. 

Coin-O-Matic has been the ‘go to’ supplier of vended washers and dryers since the late 1950s and this also makes them the oldest equipment supplier in the United States. 


From coin operated washers to the latest tumble dryers, and everything else that operators use in their laundromats daily, Coin-O-Matic has the supplies that midwest laundromats need regardless of if the laundromat is in a big city like Detroit, or a nearby smaller community.

Eastern Funding Hires Falencia Prime as COO

Eastern Funding LLC, a specialty finance lender to businesses nationwide, announced that Falencia Prime has joined the company as Chief Operating Officer. In her role, she will oversee the Company’s operations, technology and compliance functions.

Ms. Prime has served over 30 years in the financing and banking industry in senior leadership roles. Throughout her extensive career, she has focused on Enterprise Credit Policy, implemented Quality Assurance Programs, realigned workflow processes through technology migration, and led Business Process Outsourcing efforts.

Tecni-Quip Carts and Clean Cycle Systems Filters

TQI LLC is a third generation family company who manufacturers and markets its products under the two names: Tecni-Quip Carts and Clean Cycle Systems Filters.


Tecni-Quip was started in the early 1960s as an engineering and fabrication company in Paramount, CA. Within ten years Tecni-Quip established itself as the premier supplier of high quality aluminum hospital carts. Tecni-Quip now produces many types of standard and custom carts made of various materials as well as vinyl cart covers for the Health Care and Hospitality Industries.


Clean Cycle Systems was established in 1986 as a division under TQI LLC, to manufacturer and market industrial filtration equipment to commercial and industrial laundry/textile processors. Clean Cycle is a leader in lint filtering systems for this industry.

NextGen Laundry Revolutionizes The Laundromat Industry In Canada

Success Story: When you combine an executive background in technology consulting with a passion for modernizing laundromats across the country, you get NextGen Laundry Group, founded by Shawn Simmons. Shawn opened the first location at 199 Lakeshore Rd E. in Port Credit, Mississauga, ON in October 2024. The company has ambitious plans to expand, with new locations coming to Burlington, ON in Fall 2025 and Oakville, ON in Summer 2026, as well as a vision to franchise the brand nationwide.

LAUNDROMATS FOR SALE

Basic Necessities of a Laundromat

The laundromat will need certain utilities to operate the store. These are the utilities required for the average HK equipped 20 washer laundromat. If these utilities are not available in the store, they will have to be brought in at additional expense.




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