Does The Laundromat I BOUGHT 3 Years Ago Make Money?

I have laundromats down to a science. If you want to do laundromats as well click the link:

[MattTheComputerGeek]

Its darker in the middle of the room, no lights abiove the mchines, maybe some people dont like using the machines in a darker area.

[sylviaisgod]

When I go to the laundromat, I bring a stack of $20 bills with me, and keep feeding them into the quarter changer. While waiting for my clothes, I go through all those quarters looking for a silver one, they're worth about $4.50 each. Doesn't cost me anything but time and effort.

[tonyp]

When 5 people lived here using all the electricity, especially using washer and dryer, power bill was easily $400 month. Curious see your utility bills vs profit. That's the real story of how profitable it is.

[petuniasevan]

I had to bring my comforters/large bedding to the local laundromat last spring to get them ready to store until needed. There's no way that I could wash them at home, even with a decent capacity front loader. These are king sized bedding. Luckily the laundromat had two of those GIANT washers.

[lindawolffkashmir]

If the big washer is a good draw, you should consider getting rid of the old white ones and replacing it with another. In the long run, it would pay off. Another thing that can be a good money catch is a claw machine. Fill it with cheap prizes, and it’s almost all profit.

[JohnSmith-njzq]

It must be a good neighborhood. Most of the time, the coin pusher will get vandalized and everything will be taken. Sometimes it's not worth getting.

[quikplay]

Wow!! That coin pusher was LOADED!! Nice my guy! 🤜🤛

[springpowerwashing]

I don't know what I thought was in that machine but didnt expect that primitive simplicity. It's actually impressive. 1:03

[TravisRitenourautismvlogs]

one thing i would do before dealing with the quarters or cash from the change machines is lock the door to the laundromat it might be a little inconvenient for the customers but you never know if someone high on drugs will come rushing in and try to rob you of the money when someone is high on drugs they feel like they have the energy to do something like robbing someone of their money. your own personal safety is way more important than the money out of the machines at the laundromat

[TheLaundromatBusiness]

This is a great video for anyone considering starting their own laundromat business. The speaker covers everything from start to finish and gives some great tips along the way.

[ladyprestonator]

Wow. It’s been years since I’ve been in that laundromat! It looks so much nicer.

[Campbellentertainment]

Keep in mind people, this is a You Tube Channel, where one makes money on views, thus interesting (Not always accurate content) is what he makes money on. Instead of just showing sales figures, you'll notice there's no full disclosure on all the expenses associated with the laundromat. What are monthly lease costs on the space, does he own the building or rent, what are the costs on natural gas, and electricity, proper cost to lease all the equipment. Don't go getting all excited people, this isn't a truly fair and transparent analysis of his business, again, Youtuber...

[_gungrave_]

See if a 5 gallon bucket will fit under the machine. At least that way maybe you won't have all those quarters lying around at the bottom and you can just conveinently swap out buckets without worrying about them breaking. If need be put in some spacer 2x4 blocks to raise the bucket up closer to where the coins drop.

[robertneitzel]

The laundry mat I go to in my area and probably 4 others are mostly operating on solar panels they usually operate with just water expense and gas and zero on electricity since they have so many panels

[Digital_Ninja]

"No one wants to come into a dirty laundromat." If that was only true. I use to go one that had more machines and they all work. They had TV and 2 arcade units. And it was always clean. But hardly anyone went there and I would talk to the owners never understood why cause they always maintain the place and machines and prices were better. Across the street from it everyone was there but that place had more than half of the machines broken down and it was always dirty. The cleaner laundromat ended going out of business and the dirty one is still dirty and still open.

[coriettapadilla]

This is so awesome to me. I have always dreamed of owning a laundromat since I was a kid. Lol idk why but I always loved laundromats and thought it would be awesome to own and operate one. I have been to some really sketchy laundromats in my lifetime so I always dreamed of how I would have mine set up lol.

[johnnythumbs]

A laundromat is not cheap to maintain. There's a reason half the washers are out of service at most laundries.

[MakingUsThink]

Dude is lucky. If he ran a laundromat in California his utilities would suck all his profits.

[anthonywojnovich]

These always inspire me to open a laundromat. I always wanted to own multiple businesses and a laundromat would be so dope

[jsjjj]

No matter the decisions you make, make them with "integrity". Do not make a decision solely based on the benefit or the consequence; good decisions should be based on "how" you made them not the result...