@deadend it is, especially when all you have to do is collect it. An extra 24grand a year why that's a part time minimum wage job that hes getting paid for and doesn't even have to really work.
@deadend I'm over here making 800 to 900 a month bud. 500 a week is actually livable in my state and would turn my entire life around in so many ways. That is definitely money. Even if not to you mate xD.
A video of a guy emptying change out of washing machines at a laundromat shows up in everyone's recommended list but none of my martial arts videos ever do of course. Thanks TH-cam! This guy uploaded his video one month ago and he has over half a million views. I started my channel three years ago and all of my videos combined (all 500+ of them) have less than 10,000 views. I mean, WTF is that? Is this guy paying TH-cam to be featured/recommended? Has my channel been banned by TH-cam? I'm curious.
@White-Van Helsing What I'm wondering is if people pay money to TH-cam to have their videos show up in the recommended section. It would make sense, because you pay to advertise/promote things everywhere else in the world.
4:06 When you come collecting, rearrange some of the snacks to make the machine look full, even if it's not. It's more appealing for the potential buyers.
In my old apartment I hooked up a full size washing machine to my sink just need to run the drain into the sink of if your scared about messing with the lease they have small washing machines with almost zero sound. I also had an apartment size dryer takes 2, 2 hour dryes for a load but it was more convient then the laundry matt still just need it near an open window away from electronics.
Ok so 500$ a week is more than the average person, but you have to remember, people who own laundromats usually have 2-3 more, sometimes even 5. It's literally a licence to print money.
You have to worry about rent, maintenance, and Uncle Sam taking his huge cut. These machines tend to break down constantly as well with so much use. Not to mention the places in which laundromats exist tend to not be the richest areas. So thievery and gangs are always a potential issue.
I think a laundromat is way too much effort compared to just owning a franchise and letting someone else be in charge of it.. or hell even a vending machine is probably less work overall. I think we need to take into account effort involved, money you will spend on fixing things, and taxes.
@@legion1yt Not only just for $400 but also specifically go out of your way to go to his laundromat to rob it instead of just a local laundromat. You'd have to have a grudge against the owner to do that.
I owned a 26 unit trailer park in a small town. And next to it was an old laundromat owned by my family. Both very similar to yours. I would much rather refill the snack and soda machines than mess with the trailer park. Always seemed that everything got destroyed in the park. If I had only knew that people would watch coin collection videos......
@@darianbell9614 yeah but they have to pay for the power, water, property taxes or rent or lease if they do not own building. not to mention he has to pay for the drinks and snacks to fill the machines, so yes there are def a lot of overhead
First time viewer here, just wanna say: this is the random stuff I need the youtube algorithm to bring to me more often! Fascinating to see your workday, thanks for sharing :)
He locked the door genius Ready to have a breaking and entering along with a robbery felony for a couple fivguys burgers worth of money? This is why criminals are stupid
And now youve commented which tells youtube algorithms that you like this video enough to suggest it again too. If you dont like the suggested clips just click dislike
LED 5000K retrofit bulbs from Home Depot drastically saves on the electric bill, and a additional surveillance camera system from eBay would help. Video surveillance is only good if the camera lens is not dusty, or distorted from humidity. Low cost dome camera systems are neat.
On this collection the coca-cola machine made ~$91.75 Snack machine - $45.50 Washers & Dryers - $352 Is this a weekly collection? You would think someone could make a living running a laundromat.
@@InvestmentJoy Does it include a weekend or not? I imagine a weekend is better business. Aside from that I assume you're losing a fair bit to overheads.
I'm confused about the coin machine. You said you collected 406 in bills but 53 of that was from the coke/snack machine. They were not exchanged for coins. That means $353 were exchanged for quarters. So if you collected $365 in quarters from all the machines, then you actually put $12 extra into the coin exchanger, not $40 less. That's why people harp about collecting and counting them separately. When you do it together your coin machine looks like quarters left, when you do it separately, you realize quarters came in.
Cut a hole in your wood desk so that the dimes and nickels can fall into the drawer below then glue a pvc elbow to the desk and slide the opening up to it
Not sure how I discovered this video and at 1st I wasn't going to watch. Then i found myself fascinated with the counting of the quarter and bills. Does anyone know the psychology behind the intrigue with these videos? I'm not hating at all, enjoyed this video.
@@InvestmentJoy Look around for some more recent covers and ask said singers if they are ok with you using it, probably not gonna find anything other than that tbh.
Hopefully you won't have problems with the Hamilton changer bill stacker. People with car washes remove the stacker and validator and replace both with a MEI Mars unit which is much more reliable. Hamilton sells a kit, and Etowah Valley Equipment has one that's a bit less expensive and much easier to install (doesn't require cutting a new hole in the door).
Out traveling for the holidays so didn't get to watch at release, but did have fun bowling 🎳. I like the tripod because it gives you two hands to work with.
If you track money made per machine, it can reveal issues with machines that aren't always obvious (especially if you don't have an attendant). Broken/fiddly coinslots, intermittently-broken machines, etc. Also, it's easy-ish to do by just having separate ziplock bags. Super tedious, but might be worth doing as a test.
It would be awesome if you spoke to a carpenter and had a custom built table for the coin counter. One with holes for your coin bucket and nickel and dime dispenser.
If a machine is empty then maybe it does not work. When do you check to make sure they all work okay. Do you have something that they could leave a note on a machine that has a problem? Then how much time was this before you took out the cash? Also how much is your rent, elect, gas. upkeep on machines, products you sell, cleaning supplies, etc? Once added in everything how much profit do you make a month? Oh and what was your initial investment cost for all equipment?
Just can't win , i've had 20+ comments that I'm a rich snob because I wear said "Nice" leather jacket. It was $79 from Kohls, I don't know whether that's nice or not.
@@InvestmentJoy Probably beats my The North Face coat that I found laying in the coat room, one day. After asking all of my family members who the coat belonged to (and they all said, "not me!"), I just claimed it. Not a bad coat... didn't cost me a dime and I have no idea how it got in my house. Nobody has come looking for it, so... mine.
Always wanted to open a little shop like this the only problem is it takes money to start making money like this and enough money to start something like this I dont yet have
Hello P7777777, Its kinda a question to answer urself. What do i mean with that? Well first how much money will you spend on the wasmachines, decoration, vending machines, the building itself etc. If you very intrested you should make a good list and put al the ideas and maybe even a drawing of you're laundry shop would look like. Then try to find some people that wanna invest in you or even talk a bank to pay them off later on. Goodluck with it ! :D
I worked in a cash office and I was very good at finding counterfeits. Our bill counter couldn’t tell the difference between the real and fake ones because it used an image type verification instead of a UV verification. So a photocopied bill would “pass” its test. However I’m very detail attentive and since I worked with money for a long time I could tell just by the feel and a quick glance that a bill could be counterfeit. There’s security features on every bill type and knowing what to look for at a quick glance can help weed them out. I never saw fake $1s - $10s but I did find several fake $20s, 50s and 100s. Even the new blue $100 bill. And it baffled me when I saw one of the new fake $100 bills because I’m like how did the cashier not pick this up? If you want tips on what to look for on bills you think are counterfeit I can help. You have cameras so if you do find a counterfeit you can contact the police or the US Secret Service. The Secret Service are who you should really call for counterfeits. That’s their department.
This is awesome, but I've always thought this was hardly worth it due to laundry machines and vending machines constantly needing maintenance. Him mentioning in the video several times that a machine was out of service verified my suspicion. I bet a lot of what he makes goes into repairs.
uhm... isn't it obvious that you can do that when you can see the normal lock ? What you can't lockpick is the coin exchanger that has a different mechanism
Consider using the banter to discuss in more detail the amount of machine usage based on coin intake and location. Every customer has their favorites for some reason.
I know the owner of a much bigger laundromat and he seemed to make money pretty slowly however made tons of money once he added it all together he is trying to find a new owner since he has found a faster revenue source which is a 7/11. Also keep in mind he made people buy cards to pay for the dryers and washers so he made them pay $3.00 plus the actual amount they had to pay for the washers which is $2.75 and up
@@opannefrank1986 Average utility costs 4,000-8,500$ a month. Likely not even remotely breaking even. Depends on location, if he has a well on his property, and is the property owner, he'd be making profits. Electricity is high, business average is 15% of revenue, the city water costs is where it gets you.
I will edit your videos if you ever needed help Brandon, I could add more visual effects that could appeal too new viewers and help retain them, love your content, keep working your ass off brother.
You've mounted bill changers on the outside wall. You may want to move them, or get estimates on how much a new outside wall costs. I'm not kidding at all. Go look at some videos on ATMs being attacked. The excavator bucket is going to come in that window above them, and angle down, and pull. Move them to an interior wall that is NOT SHARED with any adjacent business. I had a friend in Las Vegas who had a small convenience store which closed at night, and they came through the vacant unit next door. No one alarms vacant units next door. Not only did they take the cash, but the machine hasn't been located, and the wall repairs were another expense. Move the Money stacker off the outside wall. Call the Burglary Division of your local Police Department, and ask them to look at this video, and read my comments.
I used to work for one of the big two soda companies running their vending business in a market and you ABSOLUTELY get have more turn on machines with a card reader. They're also easier to fill as the wireless device also transmits what sold in the machine so you know (at least in theory if it's working) how much you need to replenish, if there's a jam, etc. That said I don't know how much those card readers cost- I know they were very expensive, I want to say like $1500, and for as many machines as we had there was a third party that handled the sort of back end data administration. Not sure how that would impact the margin, but yeah I'd say a machine with a card reader would do maybe 5-6x the sales.
I really think it would be interesting if you included the COGS in the video. I ran a business for 7 years, and learned the folly of just looking at revenue.
![ฮักเทื่อสุดท้าย - บอย ศิริชัย [OFFICIAL MV]](http://i.ytimg.com/vi/-1PoPoQ-B-k/mqdefault.jpg)
This Man makes money off of how much money he made. This is on a next level
:)
@@InvestmentJoy
I wish I could make money jacking off but I'm not a pretty woman so...
@deadend it is, especially when all you have to do is collect it.
An extra 24grand a year why that's a part time minimum wage job that hes getting paid for and doesn't even have to really work.
@deadend
Still profit though.
@deadend I'm over here making 800 to 900 a month bud. 500 a week is actually livable in my state and would turn my entire life around in so many ways. That is definitely money. Even if not to you mate xD.
I have NO IDEA why this showed up in my recommendations but I dig it.
A video of a guy emptying change out of washing machines at a laundromat shows up in everyone's recommended list but none of my martial arts videos ever do of course. Thanks TH-cam! This guy uploaded his video one month ago and he has over half a million views. I started my channel three years ago and all of my videos combined (all 500+ of them) have less than 10,000 views. I mean, WTF is that? Is this guy paying TH-cam to be featured/recommended? Has my channel been banned by TH-cam? I'm curious.
Same
@White-Van Helsing What I'm wondering is if people pay money to TH-cam to have their videos show up in the recommended section. It would make sense, because you pay to advertise/promote things everywhere else in the world.
Same
@White-Van Helsing I guess I'll just have to record my next video at the laundromat lol.
this guy literally has a channel of making himself money on youtube also making him money. this mans living in 3020
The future!
Are we the money collection?
Graham Stephan is living in 4020
Unoriginal
sounds like money laundering to me
@Olivia Hey sounds like money laundering to me
@@chupapito1910 sounds like money laundering to me
:|
Fit47 sounds like money laundering to me
Olivia Hey money sounds like laundering to me
This guy is a living gta online ceo
With his earnings he can buy two shark cards...
@@Albus_Rex don't worry with those two shark cards he can buy the equivalent of 1/3 of another laundromat half the size of his current one
@@CadillacDeVilledElegance better than minimum wage!
except hes not selling cocain
@@akubi6 that's what we think
4:06
When you come collecting, rearrange some of the snacks to make the machine look full, even if it's not.
It's more appealing for the potential buyers.
It's called "conditioning" or "fronting".
@@Robot-Overlord "Facing" as well.
Effort to change pricing too high.
@@flandrble Some older machines have 1 price for every item. I could be wrong, but I've seen people do it.
@Cosmonauteable Yet he still doesn't do it.....
Nobody:
TH-cam Recommended: Hey watch a guy getting money from his laundromat
R a c e y yup and for some reason I'm enjoying it.
Haha, same
😂🤣🤣
Costs $6 to do a wash and a dry in my building, we have no other choice because nobody has opened a private laundromat nearby
MRH open one
invest and open one, youll make bank
In my old apartment I hooked up a full size washing machine to my sink just need to run the drain into the sink of if your scared about messing with the lease they have small washing machines with almost zero sound. I also had an apartment size dryer takes 2, 2 hour dryes for a load but it was more convient then the laundry matt still just need it near an open window away from electronics.
Lucky! Mine is $7.50!! The person who owns it is a greedy Asshole and half of the units dont work
Get a washing machine and put it in your kitchen, europastyle
“Oh great, we are getting disorganized. Just like my life.” I felt that on a spiritual level bruh
Shoe nice that didn’t do meth and got his degree
Slacker Studios 😂
Alternate universe.
Shoe used to sell fiverr videos
We didn’t search, but him tipping money in the bucket is satisfying
I swear these collection videos never get old!!
Kevin Scanlan Jr. - Financial Tutor Thats Becuse it isnt OLD… yet
It’s satisfying watching him collect the money 😂 It’s like 2 am and Im watching this lol
I didn't search for this , but I'll watch .
Ok so 500$ a week is more than the average person, but you have to remember, people who own laundromats usually have 2-3 more, sometimes even 5. It's literally a licence to print money.
It's literally not ;)
You have to worry about rent, maintenance, and Uncle Sam taking his huge cut. These machines tend to break down constantly as well with so much use.
Not to mention the places in which laundromats exist tend to not be the richest areas. So thievery and gangs are always a potential issue.
I think a laundromat is way too much effort compared to just owning a franchise and letting someone else be in charge of it.. or hell even a vending machine is probably less work overall. I think we need to take into account effort involved, money you will spend on fixing things, and taxes.
this is $500 before expenses lmao he'd make more at mc donalds
@@Chris_t0 xD working full time almost lolol
"Shoenice here, well basically i just empty quarters out of laundry machines"
Tree Wisps well basically...
Lmao
Shoenice after he stopped slamming whole bottles of liquor and motor oil.
17:00 "Oh great we're getting disorganized, just like my life." Everybody watching this late at night: ur not alone.
I'm watching in the middle of the day in the middle of the week because I don't have a job
I related to that statement on a spiritual level.
I feel like you’re going to get robbed now
SO far so good
LOL for 400$
what are you gonna do wash your laundry for free and then break the machine and take about like 100 pounds of change
@@legion1yt Not only just for $400 but also specifically go out of your way to go to his laundromat to rob it instead of just a local laundromat. You'd have to have a grudge against the owner to do that.
@@legion1yt others would kill for less
I owned a 26 unit trailer park in a small town. And next to it was an old laundromat owned by my family. Both very similar to yours. I would much rather refill the snack and soda machines than mess with the trailer park. Always seemed that everything got destroyed in the park.
If I had only knew that people would watch coin collection videos......
Me: I have to go to sleep early today because i have school tomorrow
Me at 3am: Click on coin collecting video
saaaamee
Well look at the time 😂
Deadass me rn
why is that me right now?
WTF why is this in my description and I'm actually kinda cool with this AT 2 AM
I'm interested to understand the PROFIT you get. Revenue is only a small part of the equation.
when they dont share profit info, there usually isnt any....
I think it's basically all profit. The cash that is. As long as there isn't any overhead like paying employees.
@@darianbell9614 yeah but they have to pay for the power, water, property taxes or rent or lease if they do not own building. not to mention he has to pay for the drinks and snacks to fill the machines, so yes there are def a lot of overhead
@@justinlalugski2083 yeah I think he said in another video he said he didn't even pay for the place and that he got someone else to buy it.
not too sure if he has to pay for utilities. If he does he probably still profits, just not that much. But for such little work it could be worth it.
Why does it seem like there's hardly any money in these washers? Where I go, it's like $5 a wash.
what i like about this is not the money collecting. but the way he speak. fluent and well said...
This guy is a hustler, he is NOT lazy, he has a great attitude
I would be interested to see what your margins are like on ventures such as these. Especially when you include electricity, building rent etc.
FastDudeDotCom that last sentence tho. 💯
no one:
literally no on:
TH-cam in the middle of my exam season: hey I think youd love this video
Well..... Did you?
@@InvestmentJoy I watched it all so I guess TH-cam was right
Same
Your videos are the real deal. It’s not staged or super glamorous. But like Ben Mallah says “it’s money baby”
First time viewer here, just wanna say: this is the random stuff I need the youtube algorithm to bring to me more often! Fascinating to see your workday, thanks for sharing :)
you just leave that bucket of money on the desk and then leave?
*list of people to rob*
jen annalee wouldn’t be robbin him of much
He locked the door genius
Ready to have a breaking and entering along with a robbery felony for a couple fivguys burgers worth of money? This is why criminals are stupid
@@MrBiteme39 its a joke bruh
@@MrBiteme39 i would say you must be fun at parties but we all know you dont get invited.
😂
Why is this in my recommended?
Kibo Martinez no clue
And now youve commented which tells youtube algorithms that you like this video enough to suggest it again too. If you dont like the suggested clips just click dislike
Because you need to wash you're clothes.
You're not you when you smell nasty. Watch a man steal yo money
Lol ikr same here
This is how the tale of a Laundromat invitation for thieves began.
Perhaps he has CCW license and is packing heat.
@@phdtobe or he has insurance and they'll replace the stolen goods.
As a coin collector I'd go crazy searching for low print Star notes on the bills, silver coins and any other vauleble coins that might be in there.
You can't go anywhere if you're already there.
The contest sounds cool but I wouldn’t want the money. I think it would be interesting to hang out with you for a day
That old quarter counter makes my head hurt 😂
after watching this whole video , I realized that my weed is really good :)
Joseph Heaney ?
@@nikokaderabek4501 exactly,I wasn't thinking I would watch the whole vid, but I did
Thank you
Me too, friend
Ikr, should be sleeping as gotta wake up in like 6 hours but nope, here we at lmao
This is extremely satisfying to watch
8:16 you are an optimist, that's for sure.
I could watch and listen to you all day Brandon. Your a really down to earth guy. Great video as always
Robbie Crosbie I agree
Ridge Mallery I completely agree
Something about him that tells you he is a regular guy just trying to make an honest living. and you cant but respect that!
LED 5000K retrofit bulbs from Home Depot drastically saves on the electric bill, and a additional surveillance camera system from eBay would help. Video surveillance is only good if the camera lens is not dusty, or distorted from humidity. Low cost dome camera systems are neat.
Yeah, I would have to have a spreadsheet to keep track of sales on all units.. I would have to know what each was doing.
This is one of those videos you didn't find, it found you. But you damn well watched it.
Glad you did!
On this collection the coca-cola machine made ~$91.75
Snack machine - $45.50
Washers & Dryers - $352
Is this a weekly collection? You would think someone could make a living running a laundromat.
I want to say if memory serves me right this is 3 or 4 days
@@InvestmentJoy Does it include a weekend or not? I imagine a weekend is better business. Aside from that I assume you're losing a fair bit to overheads.
The # of days worth of use being collected is kind of a key piece of information missing from the video - also operating expenses in that timeline.
Let’s just be honest. You did not search for this video.
LegendaryHarpSeal52 shUt uUp
Honest I love how you call the crack heads rock smokers 😂
no non o he calls them the people of the rock, and the other are the people of the spoon!
Why bother? Unless a rare date isn’t really worth that much.
I always dreamed of winning a contest where I count Quarters, wonder who the lucky winner was.
why count them, just use that machine at stores and where ever
What are the operating costs for all of your equipment and utilities?
$771 in total income from everything, total profit $365.76, rough guess is he has around $400 in costs.
@@grahamdelacey5779 per week? So about $19k a year.
@@pirate1012 I thought old mate in the video was doing a monthly collection ? I'm pretty high, so I'm just happy I nailed the costs.
"$1257 per month to run the laundromat" via video titled "How I buy laundromats for $0 (Full Process Explained)
"
@@EgaTehPro thanks!
I'm confused about the coin machine. You said you collected 406 in bills but 53 of that was from the coke/snack machine. They were not exchanged for coins. That means $353 were exchanged for quarters. So if you collected $365 in quarters from all the machines, then you actually put $12 extra into the coin exchanger, not $40 less. That's why people harp about collecting and counting them separately. When you do it together your coin machine looks like quarters left, when you do it separately, you realize quarters came in.
Cut a hole in your wood desk so that the dimes and nickels can fall into the drawer below then glue a pvc elbow to the desk and slide the opening up to it
opening one near a college would make a killing. Where I study, laundry mashines are not allowed in the appartments / dorms and laundromats are rare.
dude your name breaks this website lol
@@goodoc8248 hehe :D
Am I the only one that likes how there isn’t a bucket catching the money in the change exchanger?
Not sure how I discovered this video and at 1st I wasn't going to watch. Then i found myself fascinated with the counting of the quarter and bills.
Does anyone know the psychology behind the intrigue with these videos? I'm not hating at all, enjoyed this video.
I don't know why youtube recommended me this, but it's right up my alley. I love hard-working folk making good investments. New subscriber!
That's why we use L'Oreal, because we're worth it.
Yu-Gi-Oh abridged reference
Flat Earth Gaming thats a thing? Brb gonna go watch it
You have to hum "push it to the limit" when you run the bills through the machine.
I'm trying to find a royalty free version that song
@@InvestmentJoy Look around for some more recent covers and ask said singers if they are ok with you using it, probably not gonna find anything other than that tbh.
*TH-cam recommendations brings us together once again!*
Hopefully you won't have problems with the Hamilton changer bill stacker. People with car washes remove the stacker and validator and replace both with a MEI Mars unit which is much more reliable. Hamilton sells a kit, and Etowah Valley Equipment has one that's a bit less expensive and much easier to install (doesn't require cutting a new hole in the door).
That coke-machine infront of the house reminds me on vendingmachines in rust
in outpost lmao
@@420f37 my fellow nerds
Do you look for the 2019 West Point quarters there worth over 10 dollars. Look for the w mint mark on the from.
Out traveling for the holidays so didn't get to watch at release, but did have fun bowling 🎳. I like the tripod because it gives you two hands to work with.
If you track money made per machine, it can reveal issues with machines that aren't always obvious (especially if you don't have an attendant). Broken/fiddly coinslots, intermittently-broken machines, etc. Also, it's easy-ish to do by just having separate ziplock bags. Super tedious, but might be worth doing as a test.
Who didn’t know who this was till it was in their recommendations
Anytime you find silver make sure to point it out!
I DONT KNOW WHY I LOVE THESE VIDS
I like this format better than first person
Have you been tracking the snack sales to see which items are more or less popular? It would be interesting to see what sells.
He doesn't even track washer/dryer/vending....think he tracks what sells more in the candy machine?
@@avlawns3037 Pretty easy to just look and see what snacks sell more.
imagine he is collecting money then CJ pops up and rob him
This was a good find on my recommendations, the coin sorter was so satisfying to watch
It would be awesome if you spoke to a carpenter and had a custom built table for the coin counter. One with holes for your coin bucket and nickel and dime dispenser.
Way better idea with recording afterwards during the editing process while doing the counting!
Hey look it’s shoenice before he ruined his life!
If a machine is empty then maybe it does not work. When do you check to make sure they all work okay. Do you have something that they could leave a note on a machine that has a problem? Then how much time was this before you took out the cash? Also how much is your rent, elect, gas. upkeep on machines, products you sell, cleaning supplies, etc? Once added in everything how much profit do you make a month? Oh and what was your initial investment cost for all equipment?
Definitely film the army store; and thank your for separating the vending money!
*Owns a laundromat, wears a terrible fake leather jacket.*
Seems like a business I want to get into.
Sometime fake is looking real but I'm not say fake look very real and real is high end and fake is low
@G Money hey leave Nick out of this
Just can't win , i've had 20+ comments that I'm a rich snob because I wear said "Nice" leather jacket.
It was $79 from Kohls, I don't know whether that's nice or not.
Nick Foust I bet that jacket was dope in 2003
@@InvestmentJoy Probably beats my The North Face coat that I found laying in the coat room, one day. After asking all of my family members who the coat belonged to (and they all said, "not me!"), I just claimed it. Not a bad coat... didn't cost me a dime and I have no idea how it got in my house. Nobody has come looking for it, so... mine.
Always wanted to open a little shop like this the only problem is it takes money to start making money like this and enough money to start something like this I dont yet have
How much would it cost to start a laundromat?
Hello P7777777, Its kinda a question to answer urself.
What do i mean with that?
Well first how much money will you spend on the wasmachines, decoration, vending machines, the building itself etc.
If you very intrested you should make a good list and put al the ideas and maybe even a drawing of you're laundry shop would look like.
Then try to find some people that wanna invest in you or even talk a bank to pay them off later on.
Goodluck with it ! :D
Get a loan.
I worked in a cash office and I was very good at finding counterfeits. Our bill counter couldn’t tell the difference between the real and fake ones because it used an image type verification instead of a UV verification. So a photocopied bill would “pass” its test. However I’m very detail attentive and since I worked with money for a long time I could tell just by the feel and a quick glance that a bill could be counterfeit. There’s security features on every bill type and knowing what to look for at a quick glance can help weed them out. I never saw fake $1s - $10s but I did find several fake $20s, 50s and 100s. Even the new blue $100 bill. And it baffled me when I saw one of the new fake $100 bills because I’m like how did the cashier not pick this up? If you want tips on what to look for on bills you think are counterfeit I can help. You have cameras so if you do find a counterfeit you can contact the police or the US Secret Service. The Secret Service are who you should really call for counterfeits. That’s their department.
This is awesome, but I've always thought this was hardly worth it due to laundry machines and vending machines constantly needing maintenance. Him mentioning in the video several times that a machine was out of service verified my suspicion. I bet a lot of what he makes goes into repairs.
the money that "walked away" could have been put in the pusher
you just taught people you can lockpick vending machines
uhm... isn't it obvious that you can do that when you can see the normal lock ? What you can't lockpick is the coin exchanger that has a different mechanism
you just taught people you can lockpick vending machines
LockpickingLawyer has taught everyone that anything can be picked using a fork and a couple legos.
Consider using the banter to discuss in more detail the amount of machine usage based on coin intake and location. Every customer has their favorites for some reason.
I know the owner of a much bigger laundromat and he seemed to make money pretty slowly however made tons of money once he added it all together he is trying to find a new owner since he has found a faster revenue source which is a 7/11. Also keep in mind he made people buy cards to pay for the dryers and washers so he made them pay $3.00 plus the actual amount they had to pay for the washers which is $2.75 and up
And he probably lost customers due to the card crap. Less profit so now he'll go ruin a 7/11.
Wow, you are always so detailed about money; I'm surprised you don't count the dimes and nickles.
OK so what's the electric bill look like at the end of the month.
Or rent for the property...
or taxes...
or if he owns the property, the property tax too.. avg yield 700 a week probably. Makes more than enough.
The man is likely breaking even. He's making all his money on TH-cam.
@@opannefrank1986 Average utility costs 4,000-8,500$ a month. Likely not even remotely breaking even. Depends on location, if he has a well on his property, and is the property owner, he'd be making profits. Electricity is high, business average is 15% of revenue, the city water costs is where it gets you.
I will edit your videos if you ever needed help Brandon, I could add more visual effects that could appeal too new viewers and help retain them, love your content, keep working your ass off brother.
Me: *sitting around at midnight*
TH-cam-Algorithm: " *dO YoU wANt tO waTcH Som30ne c0lIEcT mOn3y* ?!?"
Me:"HELL YEAH!"
you would have made more, if you hadn't forgotten to empty the ATM as well. ;)
You look like Mike O'Malley... With a little bit of shoe nice thrown in there. But honestly, i see Mike O'Malley.
You've mounted bill changers on the outside wall. You may want to move them, or get estimates on how much a new outside wall costs. I'm not kidding at all. Go look at some videos on ATMs being attacked.
The excavator bucket is going to come in that window above them, and angle down, and pull. Move them to an interior wall that is NOT SHARED with any adjacent business. I had a friend in Las Vegas who had a small convenience store which closed at night, and they came through the vacant unit next door. No one alarms vacant units next door. Not only did they take the cash, but the machine hasn't been located, and the wall repairs were another expense.
Move the Money stacker off the outside wall. Call the Burglary Division of your local Police Department, and ask them to look at this video, and read my comments.
My dad owns a laundromat here in NL and some of my first memories is holding a salt beef bucket while he dumped the quarters from the machine
How long was that collection for 1 week ???
How come good stuff gets recommended to me only when im sick
You look like a pretty chill guy, hope your investments are succesfull!
dude, make sure to check the years on the quarters you get. any quarter & dime pre-1965 are like 90% silver and worth a few bucks
Me: Watching a Rat Utopia Experiment video
TH-cam: L A U N D R O M A T
down the rabbit hole?
@@torwe22 correct!
HELP I NEED TO GET OUT THE RABBIT HOLE !!!
Isaiah James a what utopia
Auferstanden aus Ruinen...
Grahm Stephen.
When he saw that Joy doesn't sell 0.20 cent coffee in his vending machine, he went home.
So much respect for this guy
Actually an interesting video! thanks for the upload, i always wondered about it.
good one make sure the people of the rock dont find out!
I always wonder if you earn more with wireless paying vending machine. Nobody has cash anymore.
Stop calling me nobody.
I used to work for one of the big two soda companies running their vending business in a market and you ABSOLUTELY get have more turn on machines with a card reader. They're also easier to fill as the wireless device also transmits what sold in the machine so you know (at least in theory if it's working) how much you need to replenish, if there's a jam, etc. That said I don't know how much those card readers cost- I know they were very expensive, I want to say like $1500, and for as many machines as we had there was a third party that handled the sort of back end data administration. Not sure how that would impact the margin, but yeah I'd say a machine with a card reader would do maybe 5-6x the sales.
I really think it would be interesting if you included the COGS in the video. I ran a business for 7 years, and learned the folly of just looking at revenue.
New subscriber here, love these videos I think you are a very nice person with a good heart! Keep up the good work!