Blog

I agreed to this ?

By: TRistaino, 2/08/13

Every so often a customer wants to upgrade their equipment but can’t because of a clause in their lease or financing documents or other contracts. Some common clauses that catch people by surprise are automatic renewals in multi-housing contracts, renewal options on real estate leases, or blanket liens on new equipment by lending institutions. Automatic renewals …

Stocking Parts

By: TRistaino, 1/18/13

Years ago it was common for all laundry and dry cleaning operators to stock a good amount of repair parts at their location. Laundromats, hotels, skilled nursing care centers, commercial laundries, all had parts on their shelves.  It was relatively cheap insurance. Since UPS took 2 to 4 days depending on the distance travelled and …

Equipment Rental Anyone?

By: TRistaino, 1/12/13

Traditionally, capital equipment has either been purchased with cash either from operations  or financed or leased for a specific period of time with some type of pre determined buyout at the end of the lease. With capital budgets under some stress lately in certain sectors of the economy ( municipalities come to mind ) rental is …

Breaking Down Multi-Housing Laundry Options

By: JJones, 12/27/12

Having options is always nice. Owners of Multi-Housing Properties might not know that there are different options when it comes to making a decision about adding or upgrading a laundry room facility. Today I hope to explain all of the options Yankee provides to Multi-Housing Owners. 1.Purchase Option This is probably the option most people …

Used Equipment

By: TRistaino, 12/11/12

Given the state of the economy the last few years the popularity of laundry owners and managers considering the purchase of used equipment has risen dramatically. Not a week goes by without at least one inquiry for a used piece. The interest is industry wide. Laundromats, Hotels, Skilled Nursing Facilities, Commercial Laundries are all calling. …

Ask Us About our 10 Year Warranty

By: JJones, 12/07/12

Speed Queen and Huebsch 10 Year Warranty All 20lb. through 80lb. vended cabinet hardmount washer extractors produced after May 14, 2007 come with a 10-Year Warranty on the following components: Frame Outer Tub Cylinder Shaft Bearings and Seals Bearing Housing The 25,000 cycle-count condition has been eliminated. The date of May 14, 2007 referenced above …

Giving Thanks

By: TRistaino, 11/21/12

In 2000 I began riding in the Pan Mass Challenge which is a 190 mile two day cycling event to raise money for Dana Farber Cancer Institute. Each rider solicits donations from family, friends, and colleagues. Our team captain at that time made it clear that a key element of fund raising was to thank …

Controlling Lint in your Laundry Part II

By: TRistaino, 11/02/12

In part one we discussed the origin of lint, its impact on machine performance, and how to control it in your equipment. Now lets look at the lint that somehow escapes your lint screen and gets into your duct work, your laundry, and outside. We now know lint screens are not meant to capture 100% …

Controlling Dryer Lint in Your Laundry Part 1

By: TRistaino, 10/23/12

If you manage any type of laundry lint is an everyday fact of life. Washers create lint. Dryers create lint. Most washer lint is discharged during the rinse cycles. If a lint interceptor has been installed in your laundry most lint washer lint will collect there. The lint interceptor will require periodic cleaning. Some washer …

The Five C’s of Credit Evaluation

By: TRistaino, 10/04/12

You need or want to borrow money to expand or start or upgrade your business. It could be a new piece of equipment, real estate, or a line of credit. Regardless of what you are borrowing you will likely be evaluated by some form of what is known as the Five C’s of Credit. They …