3 Millon Dollar Laundromat? - Multi Store Owner Reacts

Тәжірибелік нұсқаулар және стиль

I react to this laundromat that supposedly makes 3 million dollars per year. After watching the video, I find out that the laundromat only makes 80k per year, the wash and fold pickup and delivery service makes the real money.
Watch the full video here - • This Laundromat Makes ...
Laundromat Design Mistakes
Video 1 - • Biggest Laundromat Des...
Video 2 - • Biggest Laundromat Des...
Hi my name is Michael and this KZread channel. I have been in the laundromat business for 5 years as well as a seasoned real estate investor. I try to upload a new video every other day at 8am, so please subscribe if you enjoy my content.

Пікірлер: 10

  • @KingofLaundry
    @KingofLaundry2 жыл бұрын

    And... this is why (after consulting with hundreds of Laundry operators) I am a proponent of giving the W/D/F away. Focus on the laundromat cash, and get a contract attendant with an "operator mindset" not an "employee mindset."!

  • @Gryphyn3
    @Gryphyn32 жыл бұрын

    Red Flag, they said all machines were running 24/7 doing laundry, yet in the video most of the machines are empty, and only a few customers are in the place. And no you can add more revenue streams to a laundromat, especially one that size. You can have a dry cleaning drop off and pick up service, a small cafe for the customers. Vending machines. Arcade games. And if the place does 3 million in a year, why on earth would they need someone to invest a measely 100K? What would be benefit to that? This whole video smells.

  • @steventaylor2561
    @steventaylor25612 жыл бұрын

    Very interesting I think it could be a huge market people are getting lazier and lazier wanting someone else to do everything for them so I think they would be willing to pay for the service I see how many people order DoorDash and are willing to pay the price more expensive than the actual food so I think they would pay for the laundry service also question is do people have the money

  • @gersitz

    @gersitz

    2 жыл бұрын

    They are in the 11th most populous city in the US, not sure this model would work in smaller cities. I see a ton of these companies utilizing technology for this business type. Another thing to think about is commercial accounts. Every hotel and restaurant- big accounts.

  • @steventaylor2561

    @steventaylor2561

    2 жыл бұрын

    @@gersitz True I wonder how big of a city you need to make this work. How is the one unit working out that you where building out for a laundry

  • @jeromedavis8575
    @jeromedavis85752 жыл бұрын

    What would a laundromat of this magnitude look like?

  • @CrestwoodRocks
    @CrestwoodRocks2 жыл бұрын

    Looks like a great laundry place to me.

  • @gersitz

    @gersitz

    2 жыл бұрын

    Yea the laundromat is nice, not even sure why it’s open to the public with that level of pickup and delivery

  • @CrestwoodRocks

    @CrestwoodRocks

    2 жыл бұрын

    @@gersitz perhaps the area that it is in or the neighborhood that is in

  • @wakeup7874
    @wakeup78742 жыл бұрын

    She is a terrible interviewer

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