I took a clients store in CT from $33K a month to $55K. We worked on cutting fat, and advertising. His store is 2,500 sq ft.

Brandon you should add lights in the middle of the laundromat so its not dark.

Honestly the Excel spreadsheets are probably some of the more valuable content you put up. It won't get the views but man seeing that stuff is important! I'd love to see more

LOVE LOVE LOVE your spreadsheet videos!! Keep doing them!

I love watching you collecting the money and counting it up in the machines

i'm sure your hard work and dedication are paying off! Keep up the good work!

I really loved this content! Thank you :)

Awsome, Some simple suggestions: Use "," and 2 decimal ( or none) number formatting when reporting $$$, reads better. Also use "Freeze Top Row" so column labels appear as you scroll down. spreadshet

Thank you for explaining just some of the blood, sweat and tears that ACTUALLY go into running your businesses. I'm really crossing my fingers hard for you Brandon that your machines hold up well, and get past your finance payments without starting to hurt you in repairs. Couple of quick questions: What did you mean about your store being not level and losing $20? I missed something. Are you required to do a year-end inventory (including quarters) for Ohio? Thanks! I love watching you and all your delicious quarters. 😀

Awesome video Brandon

His facial expression on the thumbnail proves this is a great video. 😂

What is your life expectancy for machines? I usually say 10 years, so if you have a 6 year loan on equipment, its hard to justify principal curtailment as profit in my opinion. I think cash flow is a lot more important.

You should build a enclosed shed around your coin machine at the carwash to save the machine from the outside elements

Brandon, the pusher money catch, I saw another channel that has pushers, cranes, etc, they laid a heavy duty cloth towel into the catch basin and had it draped over the sides, I guess it's easier to get the quarters out than trying to pick up that flexible plastic tub

I like the appreciation and principal pay down.

That was REALLY impressive Eric! I'm shocked it broke!! 😂😂

I like it let us now ever four months I would say like when you have more people/when it is busy and when is is slow 🐌

So to sum up the P and L, you don’t have a lot of cash flow because your are paying back the loans faster?

How much is your water bill and your electricity bill and rent? And where did you purchase your machines?

Random Question. What's the legality of having that coin pusher? I see lots of states say they're illegal to have.

After bills and taxes, what is the actual profit?

You see the profits you make the expenses you still have to pay.

Holy crap that's like 2000 Era pusher money

i like the profit and loss breakdown

What do you change people for drop off per pound

Those airpods are 100% fake, the ones coming out of china right now are almost 1:1 visually. The audio quality is not quite as good typically

I really want to start up my own laundromat. I just have no clue how much to invest into it.

Very Good But Board Don't Hit Back 😂😂you can claim a lot on tax

If you like pivot tables you love MS Power BI, think of it as Excel on steroids

Im surprised you havent gotten a coin scale

Are coin pushers illegal in Ohio? Seems like a slot machine category.

I have an idea for a laundromat that i think would work well in Southern Ohio. I maybe just wishful thinking though.

I really enjoy these break down videos, can you do one on the car washes soon? Keep up the good work Brandon.

I appreciate your honesty and showing us your P&L statement. You work really hard. But I’m going to be honest with you because most people won’t, your laundromat sucks. If you take out the rental income from the apartment upstairs because that isn’t laundromat income it’s a separate business. You grossed $171558 in 3 years your expenses were $201005. That means you took a net loss of -$817.97 per month for the last 3 years. You can’t use appreciation to justify a negative cash flow. I care enough to tell you the honest truth. Good luck but I would sell the business if it were mine. I own multi-family real estate in Pa and I’m in business to make money. I wish you well my friend.

The numbers you went through at the end made perfect sense to me. It's best to forgo making alot of money in the beginning to improve the business in order to make alot more money later, especially if you already have significant cash flow from other income streams you've built and automated.

Thanks for the straight forward explanations and for being transparent. Is it true that you have your own NFT collection? if so, where can I purchase one? Cheers!

Just wait until Biden forces you to change over to all-electric dryers, stoves, and heaters. Your electric bill may quintuple not including all the money you need for new dyers you have to buy. Hopefully, electric dyers are available to purchase and your power grid can handle the loads. This includes your rental homes too. $5 wash and $10 dry you may have to jack it up too. People on fixed incomes won't be able to afford it. Also looking in all businesses have to use solar panels to offset the lack of electricity from the grid. Another expense forced on you.

Great job Brandon, lots of info in there. I talked to Justin last week, he gave me a lot of info. I really feel like I’ll be out of my pinch soon and can start working ON my business again instead of just working IN it. Keep the good info flowing!

Hi big fan like these types of videos

It's hard to take him seriously when he wears a silly t-shirt under a dress shirt.

Outstanding video. I like numbers so it really interested me

If you have space consider a coinstar machine to pull in quarters. Deposit the rest with armored truck. Plus make money on all the gift cards they sell. They also take donations.

Brandon, really enjoyed the P&L breakdown.

so what, you made a months rent. its not worth it

Just curious do you own the ATM in the laundry mat?

Please FIX THE MIDDLE LIGHTS in the laundromat That drives me crazy every time.

Great job sir. I'm trying to get everything together so I can take your course.

Hi i am india. giveaway airports please

My mother was born in 1952, sadly she passed away exactly 4months after her birthday in 2004. Ever since, I've been on the hunt looking for a 1952 quarter and have not had any luck, only came across a 1952 penny. That quarter would be a nice add to my collection.

💰💰💰

Hi investment joy would you help someone in the uk start a cleaning business from the ground to making it reality for me.

Instead of doing exact numbers and figuring the cap rate, a general observation would probably be better. For example, your expenses income and profit on just the laundromat portion only BEFORE you installed the new machines, what you projected you would make after the install of the new machines and actual profit monthly after the new machines were installed. Keep the rentals the soda machines and games separate on a different tally. Then your projected monthly income expenses and profit on the expansion you're planning and the actual that came in on the laundromat only. Then just add in a second column the other revenue streams.

This was one of the best videos I have seen, I love to see the collections, but the administration side is often neglected. 👍🏽

Hmm...wow, that breakdown really gives you a lot to think about.

Boards don't hit back.