I have laundromats down to a science. If you want to do laundromats as well click the link: investmentjoyt...
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@jamalpeoples37363 жыл бұрын
I use to own a laundromat in Chicago. Made good money. One of the best things I did was hire a person to do laundry. Charged 1.00 a pound. For wash and fold service. It was a god send. 1. People didn't vandalize b/c someone was there while it was open. 2. The wash and fold service more than paid their salaries. People who actually had their own washers and dryers came in all the time just b/c it saved them so much time.
@jamalpeoples37363 жыл бұрын
@Byvägen yeah we toyed with the idea of adding something more. It is all going to depend on the area you are in. Some areas that simply won't be a good a idea. I have seen places in SF with a bar on the otherside. Going ong to depend on the location, space, and most importantly the type of clientele. The biggest thing that put us off was the liability. For insurance purposes you have to very specific what they are renting. You want to rent just the space they using. That way you dont have patrons using folding tables as places for the coffee and etc.. So as soon as they walk away with that coffee or taco everything else becomes your liability. Drop the coffee on a running kid. It's in your business then. Slip and fall after buying the coffee, it's in your business. Leave on a or have a faulty piece of machinery burns your olace with there's. Insurance won't cover it b/c you didn't let them know. If you did you are going to get hit with the premium increase. If you have the space to put up a wall that makes since. At that point just add a separate entrance. Every person I talked to advised against it unless I could wall them off in someway.
@WindWipper3 жыл бұрын
@@jamalpeoples3736 I've always thought it would be a good idea for some laundromats to add a play area for mothers so their little kids could be occupied while they do laundry. A laundromat attached to a grocery store or gym would also be a good idea, then people could shop/exercise while their clothes were washing.
@jamalpeoples37363 жыл бұрын
@@WindWipper a play area is a horrible idea. Liability is the the name of the game. No added cash value, yet tons of opportunity for injury.. In and out is the way of a laundromat. Anything that keeps them there longer is bad. Are they going to stop shopping or exercising to change their load? Are they going to get out of a line at the deli counter to put clothing in the dryer? Are they going to jump out of a zoom class to check and see if their dryer has stopped. Are they going to skip the shower? You need something were they can step away quicker check in a couple of seconds and get back to what they are doing. Bars and coffee places work if they are separated and you can just walk thru a door. Gyms and grocery stores would crush your laundromat especially during peak times. A ton of laundry just sitting in machines not making money. Location, cleanliness, safety, and working machines is whats needed in a laundromat. Almost everyone has tablets and phones for media consumption. You would be better served adding comfortable seating more charging outlets and teaming with a company that will give free movie codes with ads as long as they are on your wifi. Would cost very little, add almost nothing to overhead or liability.
@WindWipper3 жыл бұрын
@@jamalpeoples3736 Ah, makes sense. I was just thinking that some parents bring their little kids anyway, so why not give them a small place w/ a table to color coloring books, play w/ small toys, that sorta thing. Might make them more likely to return business. Providing wifi would be a good idea. On the other stuff... i guess you're right, not everyone is as conscientious as me about time. ; )
@cookingsimply86213 жыл бұрын
Did you partner with any businesses in the area? I know for drop off service, this could lead to a lot of profits if there are other local businesses like restaurants or hotels that dropped off to the laundromat
@999thenewman4 жыл бұрын
Remember when you were a kid and smashed other people's property with a hammer, and your parents defended you? Me neither. I had good parents. And a life.
@compactcow4 жыл бұрын
Generally seems like people with worse parents end up extremely successful or extremely unsuccessful, wonder what the factors for that are. Certainly seems like that should be different though. It's an interesting problem to solve because you can't just take kids from their parents and letting the parents do as they wish disadvantages some kids.
@ZynxyHD4 жыл бұрын
Lol right
@InvestmentJoy4 жыл бұрын
@@compactcow there's some people that grow up in a bad situation and it motivates them to do better while other people to think that that's just a lot they have been dealt in life and stay that way. I wish there was a solid way to determine how to make more of the one type
@seedlessgrapes26054 жыл бұрын
Lucky you
@InvestmentJoy4 жыл бұрын
@@kjjunior7918 easy for me to to, not so quite for others.
@damnjustassignmeone4 жыл бұрын
A booby trap knife. At a laundromat. Wow, now I’ve heard it all.
@NickFaulkner4 жыл бұрын
It doesn't surprise me
@Laffy13454 жыл бұрын
It had a boobie on it...
@wkjeom3 жыл бұрын
Looks like a lot of work for about $800 a month. But a profit is a profit is a profit.
@Ndasuunye3 жыл бұрын
@@wkjeom to be fair, he's in ohio. Places like NYC would have a greater profit due to higher cost of living. ANd THAT's what it's all about. Cost of living.
@vicgogan33373 жыл бұрын
Thank God that you have a means of Living ; While giving a good service to others. Will 🙏 pray for you and hope the criminal element stays away from you. THANK YOU FOR SUPPORTING YOUR COMMUNITY WITH AN ESSENTIAL SERVICE...HANG IN THERE...TRUST GOD... PROVERBS 📜 3 VS 5 THRU 7...
@kennplayz6614 жыл бұрын
I was not expecting him to say “My best repair man DIED”
@ChrisSmith-ot2gx4 жыл бұрын
KennPlayz ha my mechanic for my car died
@ev63044 жыл бұрын
I taught his brother was his repair guy
@dumpydoctor76704 жыл бұрын
Chris Smith hilarious! super sad Tragedy = funny ha ha
@Laffy13454 жыл бұрын
@@ev6304 thought so to.
@Casper42993 жыл бұрын
Yea its 2020 but why not use a different word instead of "Died" or is "Dead". There's no respect or empathy at all
@SweetLou05234 жыл бұрын
Its been a fun adventure watching the Laundromat series. Definitely one of the weirdest yet most enjoyable of all of youtubes random recommendations!
@InvestmentJoy4 жыл бұрын
There's a complement in there, right?
@ritalin52104 жыл бұрын
It has not been, it will be.
@SweetLou05234 жыл бұрын
@@InvestmentJoy Absolutely! I mean, I dont think anybody deliberately searched for laundromat videos, yet here we are every upload just waiting to hear what wacky things happened this time! Also, seeing the nuts and bolts of the business side has been hugely educational. Most property investors and managers on youtube tend to shy away from such detailed breakdowns of monthly revenue which is sad because its an invaluable tool for aspiring small business owners. Keep up the good work, and hopefully the next video or two we will get to see the new laundry equipment!
@peterg.82454 жыл бұрын
Reminds me of my PTSD inducing days as a vending machine owner. Glad I sold in January pre-pandemic.
@WhiteWolfBlackStar3 жыл бұрын
@@InvestmentJoy I always thought about buying. a laundry mat, so I just subbed to you and I'll have a great time watching this series :)
@jonathanrice63384 жыл бұрын
I would highly recommend the wearing gloves and getting a concealed carry license
@SirRickyMcD4 жыл бұрын
Why the gloves?
@DatNygma4 жыл бұрын
@@SirRickyMcD lol
@larrymoonlight27864 жыл бұрын
@@SirRickyMcD germs
@JoseDiaz-pl5kk4 жыл бұрын
I think he mentioned that he carries when he gave Meet Kevin a tour
@vdmur79524 жыл бұрын
yep!
@sky601483 жыл бұрын
Laundry mats are a service to their communities. We should appreciate having these to use and respect the equipment, on site staff and the management.
@pnwRC.3 жыл бұрын
I've always heard that a laundromat is a lucrative business, PROVIDIDED that the proprietor owns the real estate that the facility is operated from.
@lamonthamilton6673 жыл бұрын
You have been one of the few who said something worthwhile. Thanks
@BreuckelensFinest3 жыл бұрын
Any business that is brick and mortar, is much more lucrative if you own the property for so many reasons. The main one being taxes.
@David-lr2vi3 жыл бұрын
@@BreuckelensFinest No. The main advantage is not having a property squatter demanding a bigger and bigger cut of your profits!
@evanhuizenga86263 жыл бұрын
@@David-lr2vi That's why you wanna draw up a contract for rent
@kirakira99063 жыл бұрын
@@David-lr2vi That doesn't even make sense. Why would you open a business without a contracted rent lol
@shericoley68713 жыл бұрын
I used to own a laundry mat and my daughter was 5ish and she used to say my mom doesn't have money all she has is quarters.
@Jesse_Burdette3 жыл бұрын
Am I the only person who wants to know the story of Post Malone breaking his coin machine?
@hannahhunt44443 жыл бұрын
Me too
@hannahhunt44443 жыл бұрын
I just checked, it was a dude that looked like post malone so he got the nickname
@carooo55553 жыл бұрын
no
@rileyhoyt46272 жыл бұрын
He's being sarcastic
@kresky1103 жыл бұрын
The fact that you don’t feel safe in your own laundromat, even in the back. Hopefully that changes.
@neotheone473 жыл бұрын
Jacob Kresky if you knew what city this is in to say you don’t feel safe anywhere in it is ridiculous lmao. A grandmother could walk downtown at night and be completely safe
@trustnobody76183 жыл бұрын
@@neotheone47 which city ? Lol
@neotheone473 жыл бұрын
@@trustnobody7618 clitville
@dogestranding50472 жыл бұрын
Needs a gun or something
@DiaperSNiFFER2 жыл бұрын
@@neotheone47 what city 🌆? Compton?
@rockystanaitis29084 жыл бұрын
Working for an Apartment maintenance company in the greater MSP area as a Tech, I came across a unique laundry at a very "rough" apartment complex.Only one machine took money, then dispensed a card that worked in all the machines, (candy,Pop, soap, etc). The complex manager explained to me that vandalism and theft were zero now in the laundromat. The only cash on premises is in the "safe like" Card dispenser. Plus once they purchase the card you have captured that money. It's not quarters, it's yours. FYI
@STScott-qo4pw3 жыл бұрын
familiar with them. A convenience store next door to my old building was in an area of high-rises and older apt blocks. You went in there and "loaded" your laundry card with bills/coin, or cards - debit and cc. Very convenient, very secure. No vanadalism of any of the machines on this paycard system at all. Losers. Losers. Losers. Thieves, vandals, making life difficult for everybody else.
@timfirst35363 жыл бұрын
This is what my apartment complex does in Rancho Santa Margarita, CA and it's so much better than coins.
@donkeysaurusrex78813 жыл бұрын
Like old token machines, and since you canKt use that anywhere else folks are always coming back to use up that last bit then add more on to finish and the cycle repeats.
@seanguy97204 жыл бұрын
Those CCTV screens need a "Smile: You're on Camera" sticker, lol.
@peterg.82454 жыл бұрын
Guilty people always look for cameras
@mrfulgi4 жыл бұрын
I would look into a security company that can monitor the cameras there remotely. Yes, it would be an added expense, but if you keep getting breaking into, and your equipment gets damage, you can't be at that site 24/7. Especially where he said he is having newer equipment installed, you want to keep those machines up and running. Plus, and another HUGE factor, if people don't feel safe in your business, they will stop coming. Bad neighborhood or not, something needs to be done here. Just a thought. Great video though, I love him emptying the machines and collecting all the change, I wished I could do that. :)
@InvestmentJoy4 жыл бұрын
You missed the video where they stole the you're on camera sign.
@seanguy97204 жыл бұрын
@@InvestmentJoy Oh...
@lambomatt24 жыл бұрын
Investment Joy lol
@BrandonsFLUR4 жыл бұрын
WTF it's been a year? I can't believe it. I haven't done anything in that year. Better get my ass moving soon. Great job Brandon, I love watching your videos and congratz on the 1 year mark!
@vietboytony163 жыл бұрын
Lol he motivated me to start my own business, next month it’ll be a year for me
@SunshineTwilight3 жыл бұрын
I love the laundromat where I live, it is always manned by a human being, it is very clean and the owner really keeps out the riff raff. He even doesnt have change machines, you get your quarters from him so people dont come in and get quarters for the meters.
@totenkray4 жыл бұрын
I did laundry there in 1993. It hasn't changed, except the pop machine in front.
@drose20893 жыл бұрын
Steve La Dedha 🧢
@cd-rom.3 жыл бұрын
Well. No wonder everything there is breaking now.
@virginiawomack87434 жыл бұрын
I like your silliness that's why I keep coming back
@InvestmentJoy4 жыл бұрын
Glad you do
@Shinobu_kochobutterflygirl3 жыл бұрын
This laundromat is located in my hometown Chillicothe, Ohio. It’s hard to believe I stumbled upon this in my recommended videos, but I’m glad I did!
@whiskeybravo913 жыл бұрын
There's a small town in Texas also called Chillicothe that I used to drive through when heading west to college, I had no idea that there were more Chillicothe's out there
@kaydenbowling35053 жыл бұрын
I live in Chillicothe Ohio as well and stumbled upon this life’s crazy 🤣
@canthitshet14143 жыл бұрын
I thought this looked familiar
@rockystanaitis29084 жыл бұрын
If you want customers to "love you" install an "extractor". It is like a super spin cycle stand alone machine that reduces dryer time. The wise will use it and of course it's not free. Bonus for you is lower maintenance cost of dryers as lighter loads go in the dryers.
@InvestmentJoy4 жыл бұрын
We have a few now.
@joecolletti31802 жыл бұрын
What exactly is an extractor?
@udotolearn77924 жыл бұрын
I'm still rooting for you. You are living the dream and making it work even with the ups and downs. Sorry about the tree in the house. Would you believe that has happened to us twice in two separate houses. 2006 and 2017.
@InvestmentJoy4 жыл бұрын
I'd believe it.
@martiansurgery3 жыл бұрын
800 bucks a month - how many hours did you spend for that.. including repairs and money collection, etc ? thats the part everyone wants to know
@TheDjlivingproof3 жыл бұрын
Bro he made way more than that. It’s a cash business. You think he reports all that on his taxes? Yeah right. He made this video for the IRS.
@birdgangrydaman3 жыл бұрын
These rappers need to watch this video
@JeffreyOsb3 жыл бұрын
That's after he paid all costs outside the laundry mat also. IE: His mortgage, regular bills, etc. Considering he only needs to come in once a week to collect and it pays for his life as well as itself (most of the time), if he has another full time shop/job then he's making good cash. Also, considering his mortgage, it's cheap where he lives so yeah. He's doing just fine.
@Yaahboi523 жыл бұрын
all that matters is that your money is working for you.
@veryinterested45183 жыл бұрын
@@Yaahboi52 same thing ur moms tell me
@doujin014 жыл бұрын
I must say this has to be the strangest youtube video series I have witness so far...and you know what? You're alright Brandon.
@InvestmentJoy4 жыл бұрын
Yay
@chadman12314 жыл бұрын
If you want more strange recommendations, check out GeoWizard. He walked across Wales in a straight line last year.
@cameronpaschal24843 жыл бұрын
can imagine how expensive that would be
@Dakid0153 жыл бұрын
I don't find it strange at all. He's just showing us a business he runs?
@doujin013 жыл бұрын
@@Dakid015 And as I said, I'm alright with it.
@Zero_Cheese13 жыл бұрын
"Hitting things makes things better" ~Sun Tzu, The Art of War
@avaklatt43493 жыл бұрын
very good book
@avaklatt43493 жыл бұрын
or technoblade refrence
@AF-ib8ec3 жыл бұрын
I think it was originally in the ten commandments
@tomholmes52423 жыл бұрын
Asian parents be like
@Zero_Cheese13 жыл бұрын
@@tomholmes5242 Just like the saying 打是爱 Which means they beat you because they love you
@michaelc.ateoate9793 жыл бұрын
my friend owned a laundromat he switched it from an automat to a manned laundromat he hired one full-time person and himself he was able to make more money because there was no damage ever done to his business after that. he also changed the 24-hour operating hours to 15 a day and he actually made more money if you give people a deadline they might do their laundry in a timely fashion anyone coming to do laundry after 10:00 p.m. is probably shady to begin with you don't want those people in the automat after hours plus you're not there to handle problems with the machines which sometimes spins people out of control if you have someone there to handle it it saves a lot of aggravation in the long run. however it might just be his area I know that the changes he made help them net profit a lot more per month.
@edgy179 Жыл бұрын
Hey question for you or your buddy I want to hire someone but how do I do so? As in paper work and taxes for them or does that not matter unless it’s a company? Can I just pay them cash or direct deposit? Thank you if you respond
@jdubz333 жыл бұрын
Hey running a laundromat doesn’t sound like a bad idea, “people steal a lot of stuff and cause damage.” Ok that’s not that bad “we’re basically breaking even” ok I’m out.
@acolyteoffire40773 жыл бұрын
his car wash's are making good money though it seems.
@GIboy19903 жыл бұрын
Who'da thought, a business that services the poor has vandalism issues.
@bryceleinan3 жыл бұрын
I was at a laundromat in Oregon recently that had all Electrolux machines... worked great. They also had debit / credit card readers on them on top of cash... best laundromat we’ve used in years (we normally only use them on vacation and for our sleeping bags.)
@chornge13 жыл бұрын
The sound of all the quarters hitting the bucket is strangely satisfying. Great stuff, keep it up!
@leagueleaders3 жыл бұрын
This video series killed my desire to buy a laundry mat.
@Natalia-hf3et3 жыл бұрын
😁😁😁
@tribulation1383 жыл бұрын
same here. only 800-1000 dollars a month isn't much at all. guess I'll stick to my day job that brings that amount home every week.
@Yaahboi523 жыл бұрын
@@tribulation138 that's 800-1000 passive income though. you're trading more of your time for money, he isn't. the most he'll do is check up frequently.
@Agent77X3 жыл бұрын
Got to get up either early in the morning or after the Laundromat is close to do the stocking, cleaning and collection work. Plus, vandalism is a negative to your cash collections. I think it a tough business especially in rundown neighborhoods.
@Yaahboi523 жыл бұрын
@@Agent77X too each their own
@SeirenPlayz4 жыл бұрын
I'm so glad I got recommend your channel when you started to do the laundromat videos thanks for making the great videos.
@InvestmentJoy4 жыл бұрын
Yay
@MrJtrees3 жыл бұрын
Man, i run a laundromat. You're doing so many things that i hope you're talking extra precautions for. For instance, have at least one other person with you, especially for the outside machine. Ideally, it's best to lock the doors when you're opening anything that takes bills, especially the changer. At the very least, have someone watch your back while doing it. Also, invest in a changer that stacks the bills instead of opening a box full of what looks like shipping insulation. They aren't that expensive
@kd5ydu4 жыл бұрын
Always love a good laundromat collection video Brandon. You have inspired me in so many ways. I tell my family that not a day goes by that I don't think about doing something like this (or real estate investing).
@julio1982 Жыл бұрын
Thanks for being brutally honest with what you’re going through running this business.
@nathanbranham73844 жыл бұрын
When you hit something to fix it it is called percussive maintenance
@caturdaynite72173 жыл бұрын
In IT we it call it the 'Technical tap'.
@steve15364 ай бұрын
The most out of pocket comment I seen
@NGMonocrom3 жыл бұрын
If I had the money, knew a good existing location, and the owner was willing to sell; I'd absolutely start a turn-key business like a coin laundrymat.
@h1inc8163 жыл бұрын
So Im a tech guy. Im guessing your in a low income area. In DC, the rich white parts of the city are going cashless. Can you workout a system where customers come in, pay at a counter, you load funds into their a card, hand it to them, and they use the card to complete transactions at either the washing or drying machines of their choice? You could also program the card to have an expiration date, so if they deposit $10, they would have 24 hours to use up the funds or else it expires which eliminates theft since they would use up funds each visit and then either return the card or they keep it and you have data as to who your customers are and their spending habits. All the equipment would be locked down/away with minimum ways they can actually be touched, think of it like an iphone display at like a T-Mobile or Best Buy store. Yea it would cost more in terms of equipment but once your up and running, you would save a fortune on maintence in the long run.
@bandit81063 жыл бұрын
Maybe it’s just me but looks like it lost money. The “Rent” category is what I’m obviously not picking up on. Do you pay rent or you collect rent? “Rent” is wrote in red as to be a deduction/cost, but the $1100 is in blk as to be a profit/income.
@fidelmorales48663 жыл бұрын
I thought the same thing
@LikeSilver13 жыл бұрын
He must be getting rent, he wouldn't pay rent and a mortgage on the business.
@joesmith35013 жыл бұрын
@@LikeSilver1 - Yeah. Renting out a space next door maybe?
@LikeSilver13 жыл бұрын
@@joesmith3501 my thoughts exactly, if you look at the thumbnail it looks like there might be an something attached to the business.
@MaddenBomb3 жыл бұрын
Yeah something add up
@lovelipstik4 жыл бұрын
Enjoyed this video (and the previous one) about owning your laundromat. I get a little freaked out when you go collect the earnings their a l o n e--- without someone (or more people) to accompany you, who could serve as Security. Even being accompanied very discreetly without necessary showing up as a "group" together, or with anyone, but having your people very very near the facility to keep an eye out on you from the outstide. I'm sure the area is still pretty safe, but please don't underestimate allllll aspects of security that could be really helpful, including the installation of e x t r a high def cameras externally too (even at the side or rear of the building), along with a real deal, heavy duty security door for your office inside. I absolutely don't want to freak you out, but you can NEVER be "too safe" or hardcore about extending your security measures nowadays because people are crazy. Your channel is great and thanks so much for sharing all of your business experience and knowledge with us. Take care!
@CashflowComa4 жыл бұрын
Love that quarter counter, I bet it saves a lot of time counting... I find the more machines I'm getting the much much longer I'm sitting around counting quarters...
@drundbro123 жыл бұрын
weigh em
@timfirst35363 жыл бұрын
@@drundbro12 Yep, that's what I did as a manager with BBB; weight the bills and change of six registers in 15 minutes.
@RangerRickTV3 жыл бұрын
I’m new here and I love doing laundry. It smells good and I find it calming.
@jayden39304 жыл бұрын
legend has it, brandon keeps post malone in the mystery closet.
@InvestmentJoy4 жыл бұрын
DO NOT GO AROUND TELLING PEOPLE THAT
@troublelessone79994 жыл бұрын
there's something strangely gratifying from seeing someone collect quarters like this.
@healingIRT4 жыл бұрын
Lol I tried leaving this video a couple times
@pinkpugginz3 жыл бұрын
Asmr
@nicksimon21264 жыл бұрын
4:25 “we normally keep people in there”😂😂
@jungeeb69693 жыл бұрын
🤣🤣🤣😂😂😂
@gmike4d3 жыл бұрын
4:25 "we normally don't see back there because I keep people in there I mean...." lol hahaha did nobody else catch that.
@joelkoffi28063 жыл бұрын
We did 😂😂
@sean80514 жыл бұрын
I used your link for M1 and am now an investor. Thank you!
@luechter3 жыл бұрын
2:20 : Hitting thigs will make it better Alcoholic dads when they see their wife:
@ExorcistOfNevermore3 жыл бұрын
Valuable life lessons, from one generation to the next 👍🏽
@rob-toolsandtech25214 жыл бұрын
It’s kind of satisfying to watch that machine count the quarters.
@christopherlinfors26074 жыл бұрын
Man I’m really sorry to hear about all the stuff going on, hope everyone was safe with the tree falling on your house. Best of luck through all this craziness!
@CHAOS_6E3 жыл бұрын
Hiring someone to work there at all hours cleaning and or selling detergents will increase profit by a lot and reduce vandalism
@chriswilliams45413 жыл бұрын
"One of these days I’m gunna have to go in their with a coat hanger and fix it" are we still talking about coin machines? 😳
@fahadalenezi77223 жыл бұрын
I am afraid this guy might have the key of my heart.
@InvestmentJoy3 жыл бұрын
Lol
@livinwithlt4 жыл бұрын
Great video! This has been awesome for me looking into purchasing one of these after I retire from the military. Glad you and the business are ok.
@timfirst35363 жыл бұрын
Hope it works out for you!
@coinoplaundryman8104 жыл бұрын
I service coin laundry,I am surprised that your top loader does not have metal sleeve for the coinboxes..those are a type of vault system to deter breaking in
@tammybettiga62634 жыл бұрын
I would not take their pics down... Hell no....!!!
@kevieking74974 жыл бұрын
Oath, let the bastards suffer the guilt of everyone knowing what they did
@pinkpugginz3 жыл бұрын
Little shits. Public humiliation works every time
@riley82803 жыл бұрын
why
@davidfoulk30784 жыл бұрын
I know a guy that his father owned a couple of them and he told me that his dad had 5 gallon buckets filled with quarters hidden in his garage,yeah,he was making some money...lol
@jgstargazer3 жыл бұрын
It's true, the money is there. I helped my dad run his laundromat. I would use to a 5 gallon bucket and almost fill it with quarters from all the washers and dryers, I would quickly do it when nobody was there. When my dad would have the time he would count all those quarters in one or two buckets full.
@jgstargazer3 жыл бұрын
@Chet Muggins: Many times I only had time to only get to two rows of washers or dryers before people would come in. It would take about two or three weeks to fill a 5 gallon bucket of quarters which we would count and put in cloth sacks to take to the bank.
@timfirst35363 жыл бұрын
@Barack Obama 1964 quarter. omfg yes!
@johnforbush83763 жыл бұрын
Bro get rid of the coins. Convert them to cards and have a machine that gives credits on plastic cards. So they can't break the mechanism with coins
@travisminneapolis4 жыл бұрын
Glad your family is safe from the tree.
@InvestmentJoy4 жыл бұрын
Me too
@apb383 жыл бұрын
That one machine had cash all over the place and it looked like you were picking up trash. I'd like to pickup trash like that. Nice vid.
@stevenhancock28223 жыл бұрын
I have no idea how you ended up in my suggestions, but I've only watched two videos and now I'm a subscriber. Love your honestly, work ethic, and fun videos.
@twostepz49823 жыл бұрын
My dryer died several months back and I am thankful to support my local laundromat places so I won’t have to deal with maintenance crap.
@howee1234564 жыл бұрын
Your "OK Google" triggered the assistant on my phone lmao.
@drewbutler84324 жыл бұрын
I'd never though I would find a channel like this, but I'm glad I did. Your content is amazing, and love watching your videos.
@jodyl19874 жыл бұрын
Just found your channel. I work for a laundry company and we repair commercial laundry equipment for hotel, hospitals, laundromats etc... Best idea to get rid of the top loads. Dexter is a good brand however just keep in mind tech support can sometimes be of issue. Any alliance brand is good Speed Queen, Huebsch, Unimac. We are Wascomat dealers they are good as well. Tech support is okay. If you ever need anything with an issue you cant figure out feel free to reach out. Cool to see you doing this and me having a little knowledge of it. Keep up the good work
@GamingwithDan-vl4ik3 жыл бұрын
I love the sound of the coins when they hit the bucket
@BigDaddyJinx3 жыл бұрын
Has a very Vegas-esque appeal to it, yep.
@simmer25913 жыл бұрын
Bad idea to show money collection process/routine online. Maybe do a money count -but not your process!
@jeffhooper34473 жыл бұрын
strip clubs are closed what are you gonna do with $35 in singles?
@blargus__79993 жыл бұрын
@@jeffhooper3447 more for security like how someone managed to jam a knife into the coin tray they needed to know how the coin tray works
@irishg3573 жыл бұрын
@@jeffhooper3447 Buy drugs? Addicts will do anything when desperate and dealers aren't big on credit cards, I hear.
@kayligillard20503 жыл бұрын
@@irishg357 shitting me they take it on cash app lmao
@walterjunovich61803 жыл бұрын
So, ........ the question is : If you had the chance to own a laundry mat again , would you do it ??
@soldierofmankind4 жыл бұрын
Yes, finally a new video from you. I hope you, your family, and businesses is doing well. Stay safe mate and more videos!
@InvestmentJoy4 жыл бұрын
Thanks, you too!
@hoptimusprime883 жыл бұрын
Brandon, I know you were waiting to buy new machines because you want to get the most value out of the old ones you already own, but have you considered that you would probably save money in utilities by having higher efficiency units? You also have to consider how much you are spending in repairs every month too. Another thing, you should consider upgrading the lighting to LEDs from those fluorescent bulbs. They aren't that big of an expense and would save a lot on your power bill while providing a more updated modern look. Hope you are doing well, I love your videos!
@drewbutler84324 жыл бұрын
2:19 I tried that with my wife and now she's gone. Your advice worked!
@flame83884 жыл бұрын
Hol up
@Ab-cj6gl3 жыл бұрын
🤣🤣
@brayden36144 жыл бұрын
Damn started watching you a year ago lol
@kevinkevin6243 жыл бұрын
Amazingly smart to show exactly the amount of cash you pick up during a collection....I'm sure that's an excellent way to prevent getting robbed. Well thought out! 👍👍
@InvestmentJoy3 жыл бұрын
Thanks! So far so good, nearing year #2
@kevinkevin6243 жыл бұрын
@@InvestmentJoy hey, didn't mean to come across rude....I'm genuinely concerned about safety, you're a funny guy and creative. Just concerned...that's all!
@atrain1323 жыл бұрын
George Washington came by your house. On a side note: Wow! Lmao!! At 15:24 you said "ok google", my phone stopped the video, and Google was waiting for me to ask it a question. 😂🤣
@callmeosho77923 жыл бұрын
“Hitting things will make it better” ~ my mom
@teddymeyers23453 жыл бұрын
My dad told my one day u have to have money coming in while u are asleep. U can not get rich selling your time by the hour.
@chrismarquez26953 жыл бұрын
smart man , it’s true
@infamous20993 жыл бұрын
And Onlyfans was created 😂😂😂
@timbodnar67113 жыл бұрын
@Carrera First you're young aren't you?
@t-squared64063 жыл бұрын
Laundromats have had a special place in my heart,one owner I knew had a mat cleaning business for local companies,he made money cleaning their rugs,towels!
@j.johnson65483 жыл бұрын
Yes that is legitimate business.. which blew my mind that a company would come on weekly basis to clean& swap out company door mats when work for the hospital
@odin82144 жыл бұрын
I agree with your thinking of placing the better maintained machines in your trailer park laundry. other then that cant wait to see how you decide to improv the laundromat.
@ritalin52104 жыл бұрын
Been watching this since start you growin man
@InvestmentJoy4 жыл бұрын
Thanks!
@spiderunknown74384 жыл бұрын
Same
@patrickmcegan71894 жыл бұрын
I have been to
@Kp08og3 жыл бұрын
I just watched a dude collect coins from a laundry mat...who wants what I’m smoking? 😅
@JeserNoob3 жыл бұрын
12:15 POV: You’re a stripper and you’re getting your profit from your locker at the end of the night
@coenvanderlinden73753 жыл бұрын
Small business owbership is always underrated and envied by many. Good luck with your business! Security cams are always a good idea.
@redsox2583 жыл бұрын
and people wonder why small business owners are against higher taxes and regulation... People like this guy cannot afford to get hit by more state or federal taxes, he is a hard-working guy who created a business that helps people and barely makes a profit (if any). Things like a 15$ minimum wage or a raise in state or federal taxes or a new "safety" requirement, those things can be huge burdens on small businesses but the big boy's businesses can afford it, and they also have the money to influence the congress votes. Sad reality.
@mikehunt56243 жыл бұрын
"The closest of mystery. That's where I keep people-- I mean supplies." *Coughs nervously*
@robwithrbk3 жыл бұрын
I'm a commercial real estate broker in San Diego. A local laundromat owner installed card swipers and his sales went up 30%. Also, his location is adjacent to one of the most expensive communities in the country and he still deals with tweakers and all kinds of madness.
@randomdude36463 жыл бұрын
Do you think it's worth it in CA?
@robwithrbk3 жыл бұрын
@@randomdude3646 I don't know much about income producing businesses like this. I mostly sell apartment buildings and assets like that. But the business model of a laundromat has intrigued me. When buying or starting any business, I would look strongly at your lease. If the landlord will not give you multiple extensions with built in increases of 1-3% per year, I would stay away. Imagine after two years of finally getting your business where you want it, yet, your lease is garbage, your landlord bumps your rent 20% because "you're successful now, you can pay more" is not a strong position to be in. Hope that helps a little.
@randomdude36463 жыл бұрын
@@robwithrbk ok thx
@astralscupid3 жыл бұрын
Bruh I don’t know how to tell you this but just owning a laundry means all the negative energy people wash away with the tools you provide them now lands on you - it’s up to you to redirect this energy elsewhere This is why your life is so hectic ❤️ Owning a laundry is easy money because it comes with a price 💸
@Torpedomtb4 жыл бұрын
to decrease the currency in the facility I would convert the machines to run on tokens. That would narrow your defense down to 1 machine that would dispense tokens for dollars. Then you just recycle the tokens from laundry machines to change dispenser.
@KcTc3443 жыл бұрын
The problem would be having to order in more and more tokens. Limited number means limit sales. Some people may keep the tokens. Also its never good to keep your eggs all in one basket
@ohioalarms83643 жыл бұрын
Kaelan Corpus if someone keeps the tokens you make more money? I’m sure a token doesn’t cost 25 cents
@KcTc3443 жыл бұрын
@@ohioalarms8364 gotta keep replacing tokens. Not worth the extra effort. Plus when u run out u cant make anymore money until you restock the machine
@zacharysolano63753 жыл бұрын
@@KcTc344 I know this is 5 months old but agreed, going cheap 95-98 percent of the time is never worth it, sure tokens may be cheap as heck to buy but when you run out for any sort of reason ya can’t make anymore money money til you get more Their was this one laundry mat I used to go to where they had cards you upload money onto threw a machine and you used the cards for the washer and dryer, that seems like more of an efficient way to cut down on money in the building
@KcTc3443 жыл бұрын
@@zacharysolano6375 cards do sound alot cheaper to replace than tokens👍and it doesnt have a refill limit like the tokens
@awesomesauce6684 жыл бұрын
Your videos inspire me to try invest into things like this when I leave collage
@bgcm19954 жыл бұрын
Collage..
@dennis.teevee4 жыл бұрын
collage...
@Ben-kc9ye3 жыл бұрын
Collage....
@leelei9783 жыл бұрын
"Hitting thing's will make it better" Tgat seems like the solution to a lot of things at the time
@davidbennnett37343 жыл бұрын
I had a Friend The Moved From Chicago To Central Florida And Purchase A Laundromat Next Door To Where I managed A Propane Gas Company. We Sold Electric & Gas Appliances To Include Selling/ CoOp! My Service Men Would Repair His Commercial Appliances Gas Dryers, Electric Washers & Usually Gas Boilers As We Did For Prior Own! I Read Where Someone Mention Wash Dry Fold Was A Money Maker But In Addition He Made A Deal With Seller He Purchased The Laundromat From Who Also Owned A Commercial Laundry & Dry Clean Business! My Friend Had The Rotating Rack & Sliding Door For Pull Thru Drop Off & Pick-Ups and The Commercial Cleaners Picked Up Dirty & Returned Dry Cleaned Clothing! This , Along With Wash Dry folds Helped Pay For Employee Their All Day!
@LouieBee4 жыл бұрын
At the laundromat that I use they switched to a card system. wouldn't that be a better system for you?
@robertswift61013 жыл бұрын
not when you are skimming off the top its not
@PEACEFULWARRIOR9994 жыл бұрын
just keeping up with those keys seems hard enough.
@jawary84744 жыл бұрын
I would get an acrylic locked hanging for ‘wall of shame’ it’s worth the money for them to not rip the photo off
@YelaDuck3 жыл бұрын
Wow people try to vandalize over saving 20 cents. 🤔 Respect to your hard work sir
@cdogvlog55573 жыл бұрын
It's sad that the cherry tree fell on your house. I just planted one the other day - has not produced any cherries yet.
@brrberrymerry3 жыл бұрын
I've been wondering how owning a laundromat would work. This was a wonderful video, specially with the profit/loss statement. Thanks a lot.
@VeryCoolAlan3 жыл бұрын
When are you making new videos!!!
@Brandon-ik6ty3 жыл бұрын
The key to making money is to have a special room with 4k videos where people can pay by the minute while they do laundry. Stock up on Kleenex boxes
@adaytoremember2253 жыл бұрын
Why wouldn't you keep track at how much each individual machine is making? I would think that figuring out what machine is or isn't making money would be ideal when it comes adding or subtracting machines in the future.
@WindWipper3 жыл бұрын
Don't feel bad, we had a rape and murder occur at two laundromats in my city. And at a third the entire business flooded. Vandals are a common occurrence at laundromats.
@sirturd29542 жыл бұрын
I’ve got a couple of questions: Do you have any idea how much you’d make on average, and then with that how long it would take to break even from the overhead plus maintenance? The second is at what point owning all of these vending machines is it worth your time to collect all of these manually? The first questions was referring to both the vending machines and the laundromat. I know it’s an old video so im not really expecting a reply but thanks regardless.
@kurkzzy3 жыл бұрын
“The closet of mystery is currently open, we normally dont see back there because i keep people in there- i mean” 😂😂😂
@homes243 жыл бұрын
EVERERYYYYYyyyYYYYyyyyyy now and then i'll see his videos recommended by youtube and watch them, nice to see hes still doing well.