How often do you do maintenance on the machines,and how often do you have to unjam the coins in the machines? That’s a common problem that our laundry mat has.
when I look at your shop it should be perfect for solar panels. When Gas prices are high so will electricity prices go up. Use your own electricity. Return of investment should be rather short for that especially as you're a power hungry business and probably won't put back any electricity into the grid of could make an incentive for people to use the sunny hours for washing and drying and thereby having less people in your shop during peak hours so you don't have to expand as quickly and have higher costumer satisfaction as there's always a free machine. Moreover you get a tax break. Also aren't there any heat pump dryers available? Will be cheaper for you and the costumer especially with high gas prices.
The only way of knowing the actual amount made is by counting the coins not the bills. Anybody could put a $10 bill in a changer and get $10 in coins, use $7 and leave with the remaining $3 in their pocket unspent.Also a customer might arrive with a pocket full of his own quarters.I noticed you didn't count any coins. Very deceiving.
I love your videos , but can I ask a favor? don't have your mic so close to your mouth when you make the voice over for these videos, I keep hearing those puffs when you talk
It also depends on the dry if you have 30 pound sacks dry it is 7 and if it is a 45 it is 5 this is what my work uses when I install new Huebsch machines
@@laundrycapital Where I live 10 mins of drying time costs $1.30. You could double or even triple your prices overnight and suffer no loss in customers.
What’s the electric bill like?
I bet it’s not even close to as much as you all think. This dude is rolling in cash
My father is buying a laundromat and he is watching your videos thanks for what you do
This video is so inspiring!!!!
Just found your channel, thumbs up, and I've subscribed!
When you expanded the store did you have to pay environmental fees for the expansion?
How often do you do maintenance on the machines,and how often do you have to unjam the coins in the machines? That’s a common problem that our laundry mat has.
Where do customers fold clothes?
Amazing work
Based on the final number in your video you average about 70k a month bt what are your expenses… how much do you normally profit after expenses
You got the water, electricity, gas, rent if you don’t own the property, maintenance but that depends on how many units are down
This location is worth of 45k dollars monthly, so 25k dollars go for electricity, insumes, water, etc.
when I look at your shop it should be perfect for solar panels. When Gas prices are high so will electricity prices go up.
Use your own electricity. Return of investment should be rather short for that especially as you're a power hungry business and probably won't put back any electricity into the grid of could make an incentive for people to use the sunny hours for washing and drying and thereby having less people in your shop during peak hours so you don't have to expand as quickly and have higher costumer satisfaction as there's always a free machine.
Moreover you get a tax break.
Also aren't there any heat pump dryers available? Will be cheaper for you and the costumer especially with high gas prices.
Yes, it's nice to see someone had the same thought process
this vid gives me vertigo
How?
@@green4312 he's spinning the camera like he's the flash or smtg
Grosses or “makes”?
Have you ever been robbed while collecting the money? Thanks.
50 washers?
$2356 a day = 17k a week add that it equals to $990k a year :)
The $2356 was actually a two day period, but still, i certainly wouldn't complain making a grand a day!
You should look through them for any silver that could be worth more money than a normal clad quarter.
Not worth his time
@@loro1rojo there would be a 4.50 premium though and it isnt even very difficult
To find them
@@idotheyeet9498 this guy is moving thousands of quarters a day. He doesn't have the time.
$1,000 a day minus, rent, electric bills, water bills, staff salary, taxes, maintenance costs, investment costs, etc. It not all profit.
The payments on his equipment might be $10s of thousands each month. And they constantly need maintenance.
The only way of knowing the actual amount made is by counting the coins not the bills. Anybody could put a $10 bill in a changer and get $10 in coins, use $7 and leave with the remaining $3 in their pocket unspent.Also a customer might arrive with a pocket full of his own quarters.I noticed you didn't count any coins. Very deceiving.
I love your videos , but can I ask a favor? don't have your mic so close to your mouth when you make the voice over for these videos, I keep hearing those puffs when you talk
dolar coin?
25 cents for 10 minutes of dry time. You're losing money everytime that dryer turns with gas prices these days.
Took the words right out of my mouth.
@@laundrycapital i'm 6 min a quarter
It also depends on the dry if you have 30 pound sacks dry it is 7 and if it is a 45 it is 5 this is what my work uses when I install new Huebsch machines
@@laundrycapital Where I live 10 mins of drying time costs $1.30. You could double or even triple your prices overnight and suffer no loss in customers.