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  September 5, 2001
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Home > Company Index > Diversified Services > Consumer Services > SpinCycle, Inc.

SpinCycle, Inc.
 PROFILE
Got grunge? SpinCycle offers a clean, well-lit place to get rid of it. The laundry chain is on a mission to spruce up the fragmented, $3 billion-a-year coin-operated laundry business. Its more than 170 air-conditioned laundromats are located in about 25 major US markets. The facilities are about twice the size of the average mom-and-pop operation and have more than 100 washers and dryers, instead of the usual 25 to 30. Each laundromat has full-time attendants and TVs at each folding station. SpinCycle also offers wash-and-fold services and sells single-use and full-sized soap products. In a joint venture with Shell Chemical, Spincycle is test-marketing a home pick-up and delivery laundry service in Miami.

 COMPETITION
Coinmach Laundry Corporation (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 54.90
1-Yr. Sales Growth: 5.1%
Employees: 945
Revenue per employee: $58,095.24

 KEY PEOPLE
• John B. Morlock
    CEO
• Tim Yost
    CFO

 CONTACT INFO
15990 N. Greenway Hayden Loop, Ste. 400
Scottsdale, AZ 85260
US
Phone: 480-707-9999
Fax: 480-707-9966
Online: Web Site

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