EXHIBIT 99.2
 
                         NOTICE OF GUARANTEED DELIVERY
 
                                WITH RESPECT TO
 
                   9 5/8% SENIOR SUBORDINATED NOTES DUE 2008
                                      OF
                         ALLIANCE LAUNDRY SYSTEMS LLC
                                      
                                   AND     
                          
                       ALLIANCE LAUNDRY CORPORATION     
 
            Pursuant to the Offering Memorandum Dated       , 1998
   
  This form must be used by a holder of 9 5/8% Senior Subordinated Notes due
2008 (the "Notes") of Alliance Laundry Systems LLC, a Delaware limited
liability company (the "Company") and Alliance Laundry Corporation, a Delaware
corporation ("ALC" and, together with the Company, the "Issuers"), who wishes
to tender Notes to the Exchange Agent pursuant to the guaranteed delivery
procedures described in "The Exchange Offer--Guaranteed Delivery Procedures"
of the Company's Offering Memorandum, dated       , 1998 (the "Offering
Memorandum") and in Instruction 2 to the related Letter of Transmittal. Any
holder who wishes to tender Notes pursuant to such guaranteed delivery
procedures must ensure that the Exchange Agent receives this Notice of
Guaranteed Delivery prior to the Expiration Date of the Exchange Offer.
Capitalized terms used but not defined herein have the meanings ascribed to
them in the Offering Memorandum or the Letter of Transmittal.     
 
 
 THE EXCHANGE OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., NEW
 YORK CITY TIME, ON [    ], 1998 UNLESS EXTENDED (THE "EXPIRATION DATE").
        
            
                 United States Trust Company of New York     
                             
                          (the "Exchange Agent")     
     
By Overnight Courier:      By Hand                    By Registered or     
United States Trust        United States Trust        Certified Mail:      
 Company of New York        Company of New York       United States Trust 
770 Broadway, 13th Floor   111 Broadway                Company of New York 
New York, New York 10003   Lower Level                P.O. Box 844      
Attn: Corporate Trust      Attn: Corporate Trust      Attn: Corporate Trust
Services                    Services                   Services              
Telephone: (800) 548-6565  New York, New York 10006   Cooper Station          
                                                      New York, New York       
                                                        10276-0844            
                                                      Telephone: (800) 548-6565
                                                      Facsimile: (212) 420-6152
                                                                                

  DELIVERY OF THIS INSTRUMENT TO AN ADDRESS OTHER THAN AS SET FORTH ABOVE WILL
NOT CONSTITUTE A VALID DELIVERY.
   
Facsimile: (212) 420-
6152     

 
  This form is not to be used to guarantee signatures. If a signature on a
Letter of Transmittal is required to be guaranteed by an "Eligible
Institution" under the instructions thereto, such signature guarantee must
appear in the applicable space provided in the signature box on the Letter of
Transmittal.
 
Ladies and Gentlemen:
   
  The undersigned hereby tenders to the Issuers, upon the terms and subject to
the conditions set forth in the Offering Memorandum and the related Letter of
Transmittal, receipt of which is hereby acknowledged, the principal amount of
Notes set forth below pursuant to the guaranteed delivery procedures set forth
in the Offering Memorandum and in Instruction 2 of the Letter of Transmittal.
       
  The undersigned hereby tenders the Notes listed below:     
 
   

    CERTIFICATE NUMBER(S) (IF KNOWN) OF NOTES OR AGGREGATE PRINCIPAL AGGREGATE PRINCIPAL
     ACCOUNT NUMBER AT THE BOOK-ENTRY FACILITY   AMOUNT REPRESENTED    AMOUNT TENDERED
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                                       2

 
                            PLEASE SIGN AND COMPLETE
- --------------------------------------------------------------------------------
 Signatures of Registered Holder(s)
 or Authorized Signatory: ____________
                                            
 _____________________________________   Date: _______ , 1998     
                                         Address: ____________________________
 _____________________________________   _____________________________________
 Name(s) of Registered Holder(s): ____   Area Code and Telephone No. _________
 _____________________________________
 _____________________________________
 
   This Notice of Guaranteed Delivery must be signed by the Holder(s) exactly
 as their name(s) appear on certificates for Notes or on a security position
 listing as the owner of Notes, or by person(s) authorized to become
 Holder(s) by endorsements and documents transmitted with this Notice of
 Guaranteed Delivery. If signature is by a trustee, executor, administrator,
 guardian, attorney-in-fact, officer or other person acting in a fiduciary or
 representative capacity, such person must provide the following information.
 
                      Please print name(s) and address(es)
 
 Name(s): ____________________________________________________________________
 _____________________________________________________________________________
 Capacity: ___________________________________________________________________
 Address(es): ________________________________________________________________
 _____________________________________________________________________________
 
                                       3

 
                                   GUARANTEE
                    (NOT TO BE USED FOR SIGNATURE GUARANTEE)
 
   The undersigned, a firm which is a member of a registered national
 securities exchange or of the National Association of Securities Dealers,
 Inc., or is a commercial bank or trust company having an office or
 correspondent in the United States, or is otherwise an "eligible guarantor
 institution" within the meaning of Rule 17Ad-15 under the Securities
 Exchange Act of 1934, as amended, guarantees deposit with the Exchange Agent
 of the Letter of Transmittal (or facsimile thereof), together with the Notes
 tendered hereby in proper form for transfer (or confirmation of the book-
 entry transfer of such Notes into the Exchange Agent's account at the Book-
 Entry Transfer Facility described in the Offering Memorandum under the
 caption "The Exchange Offer--Guaranteed Delivery Procedures" and in the
 Letter of Transmittal) and any other required documents, all by 5:00 p.m.,
 New York City time, on the third New York Stock Exchange trading day
 following the Expiration Date.
 
 Name of firm ________________________   _____________________________________
 Address _____________________________          (Authorized Signature)
 _____________________________________   Name ________________________________
          (Include Zip Code)                        (Please Print)
 Area Code and Tel. No. ______________   Title _______________________________
                                            
                                         Dated ___________________ , 1998     
 
  DO NOT SEND SECURITIES WITH THIS FORM. ACTUAL SURRENDER OF SECURITIES MUST BE
MADE PURSUANT TO, AND BE ACCOMPANIED BY, AN EXECUTED LETTER OF TRANSMITTAL.
 
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                INSTRUCTIONS FOR NOTICE OF GUARANTEED DELIVERY
 
  1. Delivery of this Notice of Guaranteed Delivery. A properly completed and
duly executed copy of this Notice of Guaranteed Delivery and any other
documents required by this Notice of Guaranteed Delivery must be received by
the Exchange Agent at its address set forth herein prior to the Expiration
Date. The method of delivery of this Notice of Guaranteed Delivery and any
other required documents to the Exchange Agent is at the election and sole
risk of the holder, and the delivery will be deemed made only when actually
received by the Exchange Agent. If delivery is by mail, registered mail with
return receipt requested, properly insured, is recommended. As an alternative
to delivery by mail, the holders may wish to consider using an overnight or
hand delivery service. In all cases, sufficient time should be allowed to
assure timely delivery. For a description of the guaranteed delivery
procedures, see Instruction 2 of the Letter of Transmittal.
 
  2. Signatures on this Notice of Guaranteed Delivery. If this Notice of
Guaranteed Delivery is signed by the registered holder(s) of the Notes
referred to herein, the signature must correspond with the name(s) written on
the face of the Notes without alteration, enlargement, or any change
whatsoever. If this Notice of Guaranteed Delivery is signed by a participant
of the Book-Entry Transfer Facility whose name appears on a security position
listing as the owner of the Notes, the signature must correspond with the name
shown on the security position listing as the owner of the Notes.
 
  If this Notice of Guaranteed Delivery is signed by a person other than the
registered holder(s) of any Notes listed or a participant of the Book-Entry
Transfer Facility, this Notice of Guaranteed Delivery must be accompanied by
appropriate bond powers, signed as the name of the registered holder(s)
appears on the Notes or signed as the name of the participant shown on the
Book-Entry Transfer Facility's security position listing.
   
  If this Notice of Guaranteed Delivery is signed by a trustee, executor,
administrator, guardian, attorney-in-fact, officer of a corporation, or other
person acting in a fiduciary or representative capacity, such person should so
indicate when signing and submit with the Letter of Transmittal evidence
satisfactory to the Issuers of such person's authority to so act.     
   
  3. Requests for Assistance or Additional Copies. Questions and requests for
assistance and requests for additional copies of the Offering Memorandum may
be directed to the Exchange Agent at the address specified in the Offering
Memorandum. Holders may also contact their broker, dealer, commercial bank,
trust company, or other nominee for assistance concerning the Exchange Offer.
    
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