When John Henderson decided to build a laundromat business from the ground up, SBA was there to support him with a loan. Now that the business has grown to three locations, Henderson has received two additional SBA loans to support that growth.
“All my life I’ve looked for the big idea,” Henderson, Owner of Liberty Laundry in Broken Arrow, OK said. “What could I do that would support my family, that I would enjoy, that I could control?”
Liberty Laundry in Broken Arrow, Okla., opened for business in 2005. The idea of building a laundromat had begun nearly two years earlier. Henderson wanted to go into business for himself because he was miserable working as a customer service supervisor at a call center for a cell phone company. Two of his sons have since joined the business making it a family enterprise with 25 employees.
Henderson did not have a background in the laundry business, but he did his research and created a strong business plan. Now he shares that... Read More