Laundromat Profits After 10 Days

[So-Chi]

You could make close to 10k a month working a regular job.

6 figure jobs are "regular" good to know

 

[Wiseborn]

Expenses??

Lights, machine matenance manager salary, Nice little chunk of change for basically doing nohing.

 

[UncleTomFord15]

that means his laundromat is doing 500k a year roughly

 

[The Devil's Advocate]

I never seen a laundromat go out of business. It's one of those things that's always needed. I'm more shocked that people in here are acting surprised at how much money they make. You literally charging people $2 and up for one load of damn laundry and another $2 for drying. I alone did about 3 loads today and that was light. That's $12 minimum and doesn't even factor in what I would have spent on snacks and drinks if I had to use an actual laundromat for 4-5 hours today.

Now imagine a family.. And them doing sheets and shyt. You probably banking $50-60 per customer, a day. Some of these run 24 hours too

 

[cleanface coney]

Alot of apartments/hotels do mobile laundry/dry cleaning and trash that's the future

---

 

[CarltonJunior]

He should switch to loadable cards.
Unless he washing money....

Just like arcades, I'm pretty sure loadable cards would be a legit lifesaver for this style of business. Maybe just have a small subsection of washers and dryers that accept dollars/change and the rest through card. Would save a ton of work and reduce the chances of getting robbed

 

[CarltonJunior]

I've always thought a laundromat or a storage facility would be good businesses to get into.

Wonder what their run rate ends up being after business settles into whatever their normal is. I'd be interested in seeing this a year down the line...

Storage facility probably makes a fukking killing but the startup costs are probably completely unobtainable compared to a laundromat due to the sheer amount of space needed. You could probably open a small laundromat for less than 100k, a decent storage facility seems like it would need upward of a milli.

 

[maxamusa]

I use to not be able to dry clothes cause I used all the change on Street Fighter

 

[13473]

Vending Machine & Laundromat Owner Apply For Mentorship Here ​

^^^tells me all i need to know about how realistic this video is. he's likely just another "millionaire entrepreneur" who makes most of his $$ of coaching & selling courses.

 

[Formerly Black Trash]

I knew someone who owned a laundromat, not too big, maybe like 40 machines in total. It was in Brooklyn. They made like maybe 150k after everything but they had to work in it also so it wasn’t residual income. It’s also harder work than most realize because it’s very manual. Now if you got a big ass laundromat and you don’t work it yourself then that’s good money.

Yeah I'd rather do IT unless I paid someone to run it

I'd rent out the building to like a food spot too

 

[Anerdyblackguy]

I hope that black owned laundromat with the bar is making way more money.

 

[O.T.I.S.]

I honestly would expect the owners of those kind of businesses would HAVE to work there themselves to see a profit, unless they hire immigrants willing to work there for the bare minimum or old folks trying to do something less stressful after retirement.

shyt, I would probably have to even live there if I opened one, like have an apartment upstairs or something.

I just go by what I’ve seen from others who open up businesses like that. They’re either working there, have family working there, or having people/friends from whatever country they’re from with bad English/no hopes of having a legit career here in the US that work there.

Only way I imagined those type businesses stay afloat unless there’s just like a laundromat chain.

It was the same with my ex’s “business”… she had to be there all day everyday damn near because she couldn’t find someone willing to do the job right for the small amount of money she offered. Then, she only hired people of her culture because that was the scam they were in and most didn’t have the experience, will, or education needed to actually open their own or work somewhere else more legitimate.

So she had shytty “employees” and zero down time. Good luck

 

[RAX 010]

200k 500 k
Startup cost

 

[shopthatwrecks]

Imagine the loose change in the lint trap and traps in the washer

Have you seen my mate rewards on the missing socks