Thursday, November 12, 2009

Small Business: Mint Cuts

I just got my hair cut at Mint Cuts. The cut was great and it was only $8. Yao is great and keeps you comfortable with her amiable conversation. There is no Credit Card machine so you'll need to bring cash and it's definitely worth it to only pay eight dollars. It is a small shop off Holladay Blvd. in Holladay, Utah.

Address: 4689 S. Holladay, UT 84117-5261
Business Hours: Tuesday - Saturday 9AM-6PM


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Yao Pham's Phone: (801) 633-1747

It is a small place squeezed in between other shops. There are two chairs for hair cutting and five waiting seats. Yao is friendly and personable. If you know anything about Thailand or enjoy Thai food, just mention it to her and see what happens.

Saturday, November 7, 2009

Income from a System: H&H Laundry

Coin Operated Laundry Machines. I went to use them and there were quite a number of people there about 6 doing their individual loads. there are about 20 washers and 20 dryers. There is a bill-to-coin change machine. There are four video cameras throughout the interior. There is a small bathroom. There is no manager there, just a sign saying that the door will lock behind you when you leave after 10PM.
This shop is run by a system that locks the doors automatically at 10PM and opens them at 6AM. Someone comes by daily to empty the coins from the machines. I would estimate that a repairman is only needed every three to six months. To have a steady flow of income from a shop like that were it is basically income with little to no effort, that's neat.

Business Name:H&H Laundry
Address:4205 Highland Dr
Holladay, UT 84124-2603

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Phone:(801) 274-2542

What would it take it take to start a business like this? How much does one commercial washer and one commercial dryer cost? How much does and automatic lock system cost, the cameras, the backup center that keeps record of the footage, the change machine, the soap vending machine and what about the building and renting the land etc or do they rent the building as well? How much does it cost for them or do they pay an armed person to come and empty the machines each night like Brinks. There is Heating, lighting and cooling that cost as well. Also they just put in Free Wifi. What does that cost them. How protected is it? Is there security tape system connected to the Wifi? What about cleaning? Do they have janitorial people come through and clean it every night or every week?