How to Start Laundromat Business ($1,000,000 Investment)

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  • เผยแพร่เมื่อ 14 ต.ค. 2023
  • Have you ever wondered how to start a laundry business? Well we stopped into Speed Clean Coin Laundry to get a behind the scenes look into starting a coin laundromat business! This interview is packed full of great advice, inspiration and how to start a laundromat! $1 Million invested and now turning a profit! Check them out below!
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ความคิดเห็น • 47

  • @Professional_Youtube_Commenter
    @Professional_Youtube_Commenter 2 หลายเดือนก่อน +18

    a tip for the owner:
    You should buy big packets of detergent, and find a single use container that you can fill and put inside a vending machine. you can sell single load amounts of detergents rather than mini bottles. Higher margings.

    • @Gortman1
      @Gortman1 หลายเดือนก่อน

      How is the branding going to work for that. I don't see many people buying a packet with ride written in it in pen.

    • @Professional_Youtube_Commenter
      @Professional_Youtube_Commenter หลายเดือนก่อน +1

      @Gortman1 have the branding on the vending machine. No need to have it on the bottle. Users are regulars they will know if it's the real deal.

    • @mr.millionaire4570
      @mr.millionaire4570 3 วันที่ผ่านมา

      I plan on owning a card laundromat business within two years.
      Any recommendations on who to trust to transfer the money to me while I’m out of state for a couple of months to a year??? 🧺💭

  • @splashemoutlaundromat
    @splashemoutlaundromat 6 หลายเดือนก่อน +40

    We have 9 Laundromats, and a 20k sq ft closed facility here in Kentucky. We love the laundry business. We have built a few from scratch, and then we have taken several over. Our equipment is Speed Queen, Huebsch Alliance Laundry Systems.

    • @bcledfoot
      @bcledfoot 6 หลายเดือนก่อน +1

      It would be great if I could e-mail you and pick your brain on this. I'm just starting to look into getting into this industry.

    • @johnking4705
      @johnking4705 5 หลายเดือนก่อน

      im a tech I hate working on wascomat , milnor , and dexter I have seen plenty last crazy long ! but when they fail its $$ , gimme a speed queen , unimac, heubsch, ipso. all day long

    • @mr.millionaire4570
      @mr.millionaire4570 3 วันที่ผ่านมา

      I plan on owning a card laundromat business within two years.
      Any recommendations on who to trust to transfer the money to me while I’m out of state for a couple of months to a year??? 💭

    • @Gortman1
      @Gortman1 3 วันที่ผ่านมา

      @@splashemoutlaundromat how do you start it from scratch ? Build them from the ground up ?

  • @pepperpeterpiperpickled9805
    @pepperpeterpiperpickled9805 4 หลายเดือนก่อน +8

    *"If someone says 'you cant do it', look at what they've done"* solid gold advice. I know someone who retired after a lifetime of minimum wage work who would shoot down any idea you had to improve your life.

  • @popsco2000
    @popsco2000 5 หลายเดือนก่อน +2

    Fantastic ! Truthful, the honest truth about laundromats.

  • @joshvendryes7945
    @joshvendryes7945 7 หลายเดือนก่อน +1

    Qla has stepped into the laundromat industry. Welcome.

  • @JonBooks
    @JonBooks 9 หลายเดือนก่อน +2

    Thank you for sharing!

  • @richardvillanueva8786
    @richardvillanueva8786 7 หลายเดือนก่อน +1

    Last guy was golden 😉

  • @mustbsavdbyjesus
    @mustbsavdbyjesus 10 ชั่วโมงที่ผ่านมา

    Great interview

  • @thedevilsadvocate3710
    @thedevilsadvocate3710 4 หลายเดือนก่อน +2

    Where most failures come is in giving up. If you have a vision, it takes 3-5 year to mature for a business. You need to have enough in the bank to weather it and you need the infrastructure to prepare for slow times.

  • @user-np7xq7gf8o
    @user-np7xq7gf8o 21 วันที่ผ่านมา +1

    God bless you thanks for the advice

  • @chrisriley8755
    @chrisriley8755 15 วันที่ผ่านมา

    My Grandfather wanted to open his own Laudromat unfortunateley he didnt get to see this great business lift off well i am here to see that great business lift off its a great business and i Truly thank you for your sound Adcive thank you i will succeed because of intellectual go getting business men like yourself thank you

  • @devonarose7304
    @devonarose7304 3 หลายเดือนก่อน +1

    Thank you

  • @OgDj2024
    @OgDj2024 4 หลายเดือนก่อน +2

    Very good information! Great Video!
    I’m looking to open a laundromat myself, and not sure how to get to a starting point

    • @kersondesir5499
      @kersondesir5499 3 หลายเดือนก่อน

      Me to

    • @av6471
      @av6471 2 หลายเดือนก่อน +1

      It’s no easy, low season (summers) are difficult, I have 2 laundromats, after several years I decided to leave my wife in charge and me keep working as an engineer in other company

  • @6FigureRevenue
    @6FigureRevenue  9 หลายเดือนก่อน +4

    Thanks for watching! What business are you starting?

    • @Cowboy3651
      @Cowboy3651 9 หลายเดือนก่อน

      Thanks... Can you provide the name of the washing machines provider?

    • @Ashtaroth1000
      @Ashtaroth1000 9 หลายเดือนก่อน

      @@Cowboy3651 Wash Mechanical.

    • @Thedonsmoney25823
      @Thedonsmoney25823 4 หลายเดือนก่อน

      ​@@Cowboy3651wascomat

    • @Cathy84
      @Cathy84 หลายเดือนก่อน

      A self service launderette

  • @habcast3978
    @habcast3978 6 หลายเดือนก่อน

    Would you start from scratch if you already owned the property?

  • @user-lt1zj9cn8q
    @user-lt1zj9cn8q หลายเดือนก่อน

    Do you have a website or contact person for the equipment?

  • @jasminewashington9279
    @jasminewashington9279 หลายเดือนก่อน

    How do you find the demographics for a laundromat?

  • @PhillipHayes-vs8ge
    @PhillipHayes-vs8ge 7 หลายเดือนก่อน +1

    Lego building there where I can buy turn it into a laundromat and I know I need a hundred thousand dollars to get all the workers and dryers but I need $20,000 quick to buy

  • @afridgetoofar1818
    @afridgetoofar1818 3 หลายเดือนก่อน +1

    Why not make it a cashless laundromat?

  • @Jose-tc8wi
    @Jose-tc8wi หลายเดือนก่อน

    👏👏👏👏👏👏👏👏👏👏👏👏❤️❤️❤️❤️❤️

  • @yulissaperez1417
    @yulissaperez1417 วันที่ผ่านมา

    How do I find this man? I want him to be my mentor 😢

  • @laundromatlife4541
    @laundromatlife4541 6 หลายเดือนก่อน +3

    This man is confused.

  • @afridgetoofar1818
    @afridgetoofar1818 3 หลายเดือนก่อน +1

    This poor man has to go home and deal with his wife’s negativity every night.

  • @Brokerfordecades
    @Brokerfordecades 9 หลายเดือนก่อน +7

    You listened to the wrong Dan! I'm so sorry you will never make this million back. This video with you in a completely empty laundromat is just sad.

    • @Ashtaroth1000
      @Ashtaroth1000 9 หลายเดือนก่อน +9

      Sorry, but you are wrong. its already profitable. Most people fail because they don't believe they can succeed.

    • @Brokerfordecades
      @Brokerfordecades 7 หลายเดือนก่อน

      "Profitable" You paid off the million dollar build out cost and have earned 1 million plus dollars in that store? @@Ashtaroth1000

    • @michellemellis
      @michellemellis 6 หลายเดือนก่อน +3

      Yes, I agree - he listened to the wrong Dan. Danny's a gem!

    • @Ashtaroth1000
      @Ashtaroth1000 2 หลายเดือนก่อน +3

      “It is not the critic who counts: not the man who points out how the strong man stumbles or where the doer of deeds could have done better.
      The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat.”
      So I ask, "What have you done?"

    • @Ethan624-b6s
      @Ethan624-b6s หลายเดือนก่อน

      I’ve owned laundromats. It’s not going to happen, and this is coming from an optimist