Pros and Cons Of Opening A Laundromat

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Information Pros and Cons Of Opening A Laundromat

Title	:	Pros and Cons Of Opening A Laundromat
Lasting	:	7.28
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Views	:	61 rb

I just bought a new laundromat! Subscribe to my channel to see the renovations!
Comment from : Michael Gersitz

Thank you Michael, for an honest and straightforward video God bless!
Comment from : Neeraj Chaudhary

Are you still in business?
Comment from : Delbert Standifer

How did you get the cash to start
Comment from : Oti el

Thinking of opening up a laundromat would love to
Comment from : Bob

Last con is you can and might lose all your money in your investments Don’t gross enough revenues to pay the rent and utilities
Comment from : STING

who set that 4th laundromat on fire I wonder
Comment from : Spiros Karaplis

Thanks as I’m looking to owning one within the next 6-24 months brbrI have investors from overseas willing to invest 6 figures for me
Comment from : Mark Cochran

Excellent information! 👍🏾
Comment from : Ciarra Beltran

As I was searching up laundrymat content tons of videos came up from people showing how to trick the machines for free laundry Literally theft! I didn’t even know this was a real thing!
Comment from : Pat Morales

Great video! Informative and straight to the point
Comment from : Tera McBride

I own a convenience store and looking into the laundromat business Thanks for the video
Comment from : Sergio Briones - Making Millionaires

Awesome video, you nailed it
Comment from : Vern Kay

Not too many cons
Comment from : damonmd3

Hi Micheal great video! I just subscribed to your channel Trying to learn as much as I can regarding the Laundromat business I’m super excited about it
Comment from : ohlashia cowley

I live in a city of 41,000 and there is no laundromat, I'm looking in to opening one, but I would have to start from scratch Where do I start?
Comment from : Laura Gayler

Gotta find a way to living up your content The boredom doesn’t let me focus
Comment from : theBroke_Investor

Would giving out your Whatapps number be better for customers so they can just text or leave voice msgs?
Comment from : Angela Maria

Starts at 0:55
Comment from : Mitchell

Hello Michael, have not seen any new videos for a long time, everything ok ?
Comment from : Tom Gretsch

Where do you put one that guarantees people arent just going to buy their own machines at home?
Comment from : Douglas Broccone

Thanks for honest review!
Comment from : nickgen123

Right now my city has 3 laundromats in a 60 000 to 65 000 population city so they definitely need it
Comment from : Jacob Wise

If we open laundromat in new developing area and budget Is $100k only Is it a good to open there
Comment from : Saab singh

Hello! What’s an asset sale?
Comment from : Markesha Smith

Can you expect much luck with buying a beat up old laundromat? If you're in it for the long term
Comment from : Monster

What camera would you recommend for a laundromat?
Comment from : George

How much it cost to open one?
Comment from : Blessed Curb Appeals

Hmm I might not want to get into this
Comment from : David Outdoors74

what would you recommend for prices for standard size units and industrial size units?
Comment from : carlos a

I am interested in the laundry mat business however I am wanting sooo much more information than this Suggestions please?
Comment from : Ryan The Man

Hello sir, is there any way I could set up a phone call with you discussing my situation and what id like to do? Or emailing back and forth if thats more comfortable?
Comment from : Mostly Outdoors

Considering buying one after l move out of California and get settled after a few years
Comment from : Erik T Olson

You and hot dog need to stop talking about them Getting to many pushing original guys to loose moneybrYou make it sound simple but this is 24hrs 365 days a year w many troublesbr47yrs w several laundries skip vacations due to cash business and hard to trust people
Comment from : Sharon Podorski

How much would it cost to start from scratch with 12 machines (6 washers & 6 dryers)? Any company would help with the store design if we bought from them? We have commercial land so we have an option to build on it Do you think it's wise to do that or lease an existing building?
Comment from : Healthy Eating

If you want to take the route of leasing a laundromat What all would you need approaching a landlord
Comment from : Leurecka Matthews

Are you single?😍
Comment from : Dia Morales

Good job on the video my friend brbrLove to have everyone join my channel if you're interested in Laundromats @laundromatmillionaire
Comment from : Laundromat Millionaire

Great video!!!
Comment from : C N

One day I want to be you
Comment from : Apollo

Ok you all know more than 47yrs in it Ok good luck
Comment from : Sharon Podorski

Own laundries for 47 yrs I could write a book
Comment from : Sharon Podorski

Thank you so much!
Comment from : Nansasi nkugambye bizibu Prossy

IRS can fuck them self
Comment from : Mr B

How do you vet out the profitabilty of an exisiting laundromat? If it uses 16,000-18,000 CC of water per quarter, what can I expect to make?
Comment from : theBostonpug

Do you know approximately how much to start new laundrymat set up?
Comment from : Julie Armenta

MICHAEL brWHATS UP MY DUDE brHEY IM IN THE PROCESS OF LOOKING FOR A LOCATION brPLUS I HAVE THE CAPITAL TO PUT UP brWHAT KIND OF MACHINES DO YOU USE br&brWHAT IS THE COMPANIE NAME THAT YOU RENT THEM FROM br THANKS BRO
Comment from : GREG DEMATTEO

I have a facility in a small community that I have an area that I'd like to put in a laundromat as our community doesn't have one Looking for recommendations for brands, new vs used equipment, financial assistance for start-up, etc I appreciate any additional insight you may have
Comment from : Lisa Dickman

Nice cat
Comment from : J Awary

Good info on matsthanks
Comment from : Diamond -Crush Ivory-

Question: Do you think it's best to purchase a laundromat close or near your home? For instance, I live in Maryland and Im looking at laundromats in VA or Delaware
Comment from : Ryan Ward

Nice I’m from Sydney Australia and was thinking of setting one up!
Comment from : Стивен Василевский

Awesome video!
Comment from : Laundromat Resource

Awesome vid! I'd love to talk laundromats sometime!
Comment from : Jordan Berry

Great video! 👍🏾 What’s the first thing you need to do when looking to start your own laundromat, and what’s the first thing you need to start a business plan
Comment from : OgDj

Hi, im looking at buying my first business, a laundromat too the business has been around for 33 years, great location but needs rejuvenation, machines are a little on the old side but still functional brwhat key things do you think make people come back? does having older machines influence customer choice?
Comment from : Djfreshz FFP

I'm researching the laundromat business, thanks for the info
Comment from : Gary Loten-Beckford

Great info, thanks 👍🏻
Comment from : Jakob H

Hey man,,, very small error You actually do have cost of goods sold In your last video you mentioned the soap you resell and the goodies in the vending machines That's your COGS Thanks for your info tho, very helpful Especially the vid where you went over monthly expenses Cheers!
Comment from : Salvador Puente