PWS Mission Statement & History

Our Mission

PWS is committed to being the premier full-service provider to the commercial laundry industry in the United States. We commit to the success of our customers by providing the highest quality equipment brands and service, technological advancements, and innovative business solutions, driven by 40 years of proven performance.

Our History

In 1968, three highly successful coin laundry entrepreneurs established PWS – The Laundry Company (PWS Inc.):

• Morton Pollack, the pioneer of coin laundry resale
• John Wickham, the exclusive distributor of Speed Queen® commercial laundry equipment in Southern California and Southern Nevada
• Bernie Steinberg, the originator of Launderland "turn-key" coin laundries

In 1973, PWS acquired the northern California and Nevada Speed Queen distributor to form the largest distributorship in the nation.

PWS Laundry Acquisitions

Since the Company's incorporation, PWS has consistently acquired existing laundry chains with the sole purpose of selling each store separately to individual owner-operators. In recent years, the two most notable acquisitions were those of Lucy's LaundryMart and SpinCycle. In 2001, PWS acquired Lucy's LaundryMart, which included the purchase of 28 "mega-laundries" throughout the Southern California area. In October 2003, PWS acquired SpinCycle, a national chain of 172 stores in 15 states and the District of Columbia. Both chains were acquired with the intention of following the PWS business model; sell each store to individual owner-operators. Today, PWS continues to build new Lucy's LaundryMarts and SpinCycle's.

PWS Today

Since then, PWS has become a dominant force in the commercial laundry industry and the only company of its kind to offer a complete set of end-to-end services, including:

• Commercial laundry equipment sales, installation, and service
• Brokerage sales of existing coin laundries
• Development of new laundries under the SUDZ, Launderland, Lucy’s® LaundryMart® and SpinCycle® brand names
• Remodeling, design, and build-to-suit services
• Financing for both laundry and equipment purchases
• Parts Sales

PWS has a well-established business relationship with Alliance Laundry Systems LLC, the manufacturer of Speed Queen commercial laundry equipment. After 40 years, PWS continues to be one of the premier distributors of Speed Queen commercial equipment in the United States, and the only factory-authorized Speed Queen coin-laundry distributor in California and Nevada.

PWS, Inc. is a subsidiary of PWS Investments, Inc. and is incorporated in the State of California. PWS' corporate headquarters is located in Los Angeles, with satellite offices in San Francisco, San Diego, Las Vegas, Phoenix, and Albuquerque.