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How to buy a laundromat in 2025

Investment Joy 344 views

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I really hope you guys learn from this video! Do you think you can buy a laundromat?
Comment from : @InvestmentJoy

Thanks for the wisdom!
Comment from : @williambreeze2659

Hello how you doing I would like to know how can I lease a laundromat
Comment from : @geanford1562

Oh wow that's cazry interesting ❤❤
Comment from : @animefangirl9006

I know many landlords who own Laundromats and they been very busy and wealthy and for sure profitable
Comment from : @joseph10704

Can you discuss how to determine if a particular laundromat if a good buy/investment
Comment from : @producer1235

Thanks for this video, Joe! Could you share some operational costs with us?
Comment from : @sanonmartini6820

My family owned a laundromat back in the 70's It was a small community laundromat They told me that people kept breaking into the machines and taking the quarters So, they later changed it into a community store that we managed more in the 80's It's been sold now When more mainstream stores were being built in our area (Family Mart & Kash & Karry now called Food Lion), it kind of put us out of business, but I'm grateful for that business knowledge for my family
Comment from : @TheCherieAmourShow

Hi! I've been searching for some "older" and "run down" laundromats, and I came across one in my hometown that is marked as permanently closed on Google I decided to take a drive over, and I noticed a "for lease" sign out front When I peeked inside, it was completely empty—no machines at all I'm assuming the infrastructure is still intact, so I'm wondering how I can go about reviving it Would I just need to finance new machines and do some renovations? It feels like I'm not starting from scratch since the infrastructure might still be there, but it is completely empty I've already reached out to the broker and I'm waiting to hear back about whether it's available for revival Any advice on this situation would be greatly appreciated! Thank you!
Comment from : @giselrodriguez6908

Hello! I am looking to get started in the laundromat business Are you able to help me get started?
Comment from : @alinasiddiqui639

Takes cash to make cash Most Can't even afford rent nowadays Nothing left to invest😮
Comment from : @Jen-yv4eg

Great video!! It’s definitely been a dream of mine to own one
Comment from : @kennykreegerjr709

So this information only pertains to existing coin laundry enterprises I want to know about launching a brand new coin laundry business
Comment from : @mRahman92

Chillicothe wow!! That laundry mat has been there for ages
Comment from : @robslizzle

Zzzzzzzzzzz,zzzzzzzz,zzzzzzzzzzzzzzzzzzzzzzz
Comment from : @BigLickCoach

The cons outweigh the pros in this investment The maintenance on those machines will sink you
Comment from : @MikeSmith-fj3ls

great video what kind of energy sources do these commercial laundromats use? generally gas or electric? thank u
Comment from : @dext0rb

Advertisement and that’s all
Comment from : @BrentS100

Very hard to hear you as you are a low talker w/ music louder than your voice at times, so I didn't even bother to watch the whole video even though it sounded very interesting
Comment from : @Silver_CountryUSA

STOP WIITH THE LOUD MUSIC!! Senior that couldn't make out what you were saying Supposed to be BACKGROUND MUSICnot too hard to here audio music
Comment from : @relaxationstationstudios

My dad owned a laundromat years ago it wasn't successful
Comment from : @CelebrityScandaLust

Wow very nice video I love this
Comment from : @Easyservice-x8q

Danny DeAngelos method makes the most sense to me
Comment from : @per4mexbagger541

thank you
Comment from : @ienyams

I come from an IT background, how hard is it to fix these machines?
Comment from : @Cert_Study

Hello! May you please send me your SBA contact by messages? I would appreciate it!
Comment from : @bebovazquez9824

Background music is to much
Comment from : @georgetteroenfeldt8144

Hey Investment Joy, that tinkling tone music does nothing to enhance our viewing experience Please stop that annoying sound
Comment from : @wesgraham2262

Thanks for sharing this
Comment from : @demetriusmartin9475

What credit score is needed to get a business loan?
Comment from : @samnangyin6943

I enjoyed the video but it was tough to hear your voice over the background music
Comment from : @Bigtree5

A car wash has always seemed like one of the easiest business ventures, but I don't know if it's profitable
Comment from : @liquidmetal9647

@realliferoman (Roman Atwood) needs to see this video I think some little things in this will give him some inspiration to do to his!! All love for both channels but would be cool if you reached out to him maybe?
Comment from : @bennybronx381

It’s funny how this video popped up as I was about to come into a nice sum of money There is a laundromat down the street from me with very old machines, but for some odd reason, much of the neighborhood seems to patronize this place anyway I was thinking maybe I should make a move on that spot, all it needs is updated machines, and a better attitude from the person who works in it
Comment from : @yell0wberry

Laundromat is useless
Comment from : @AmberSantana-is3dq

Scum
Comment from : @bravojr

If I don't have the money for a down payment and a credit score of 768 would I still be able to get a loan for one of these?brbrI need something to make ends meet Can't even get interviews for jobs at 25
Comment from : @dudeistpreist5721

I would genuinely love to do this and get setup up with my owned business because this is a great way to earn a passive income but yes like he said most of them don’t make money but I know this is the guy for everything about laundry mat he has the greatest laundry mat content
Comment from : @travisbonzpiercy2660

I owned a laundromat for years in a high tourist area All I can say is this; if you can't fix your own machines don't get in this business There are NO trustworthy repair people and the fees are astronomical
Comment from : @Jenna-q6w

I have never used a laundromat, even as a broke college student Too germaphobic
Comment from : @ticktock2383

So how can I get in touch with someone who can mentor me in this area because I want to learn the business and also question how do you know that this business is making profit? I'm looking to move to the North Dallas area in Texas
Comment from : @mrguru091

loose the stupid background music
Comment from : @abusbe7o

Laundromats don't really bring in that much money but it's a great way to make illegal money legal
Comment from : @victorherrera7363

I can't believe Brandon suggested talking to owners directly instead of using a broker 📞🙅‍♂ Controversial but genius!
Comment from : @ThrowBackZone

What are you gonna do when there’s no water?
Comment from : @Ummomar1221

I have a laundromat that I've been eyeing in my area but Im not sure if its a good price The laundromat doesn't have a good reputation but I feel like if it gets an owner that cares about the business it could do really good They're asking for 80k and I'm in Montreal, CA There isnt any other Laundromats listed in my City so im not sure if this is a good price
Comment from : @elkevin7238

If those are the gross numbers, what are your expenses so we can see what the net is at the location shown in the video? $100k gross projwcted for the year, but interested in net
Comment from : @theBDank

I'm a mechanic, my friend is an electrical engineer We bought good used washers and dryers (over half worked) we fixed and upgraded the washers in one day Same with dryers, one day Anytime something breaks we're qualified and overly capable of fixing everything Even plumbing and electrical We made a LOT! Owned everything out right, no repair billsif I had any advice, learn to fix your own equipment, you'll go from making money to being wealthy
Comment from : @foxhoundautomotivedivision3458

The population in my city is 84,000 and we only have one laundromat
Comment from : @ThePolce

I'd like to purchase a Laundromat
Comment from : @lovelinekebreau

CASH BIZ ????
Comment from : @stephenblake2196

I am in Harrisonj twp michigan 48045 are you around my area? car wash Laundromat is what i am looking to get into thank you
Comment from : @jerryrekowski8371

Fish don't fry in the kitchen beans don't burn on the grill
Comment from : @thedevollsadvocate

How is he buying a whole building for only 5K? In addition if the building only cost 5K how much business can it really bring in?
Comment from : @donaldlyons17

im still waiting for my confirmation email from purchasing the bootcamp 👎
Comment from : @Jahlewskii

I have the opportunity to buy one but it seems easy over priced and needs a lot of rehab
Comment from : @iSyre

would love to view your content but the background music is too annoying to me
Comment from : @rscott2187

DON'T BUY A GROCERY STORE BIG MISTAKE
Comment from : @richardnokes6752

YouTubers are nothing but advertisers
Comment from : @solargod3671

Do a car wash version one
Comment from : @CasperTheFriendlyGhost777

So can I do this with no money ? I work a 9-5 job and want to own my own Laundromat
Comment from : @michaelmason1986

No People too crazy breaking into machines to steal coins
Comment from : @watduh123

No one interested in selling in my area
Comment from : @Longtermgains

Just came across your channel I just paid to get my business started im waiting in the mail for an approval Im excited!!
Comment from : @jamaicanempress2334

Best way is to go SBA financing
Comment from : @5amivan

Prime is 85
Comment from : @5amivan

How do I reach out to you about the lender you mentioned?
Comment from : @StephenScholtens

Yoh 1 month of ur profit is someones yearly salary in my country😂
Comment from : @zetro6163

I would of liked to get into this business Unfortunately I invested in prism technologies group inc
Comment from : @Jb56746

I see this video in my YouTube suggestions Thank you for sharing 06aug24
Comment from : @blackamericanlesbianprofes4357

How in the world did that person use the sellers credit score I believe you That just doesn't make sense in my head
Comment from : @tbleeker7987

If it wasn't for tiktok or youtube, your laundrymat would not be making a profit to live off of
Comment from : @kenbrandt4984

Have rich friends that can be called “investors”
Comment from : @ltdlawnservice4586

Do you have Rick Astley as your lock screen
Comment from : @detritic

Laundromat for sale in Hamilton
Comment from : @demondcrider3701

I SO want to invest in a carwash or laundromat (or some other similar business) I make good money at my full-time job but I absolutely HATE it I have monetary resources and an outstanding credit score for additional financing if needed But, it's a little scary to just leave what I have and take a chance on something that I'm not sure will succeed I'm 55 and I've been at my current job for a long time but, I want out of that hell-hole!!
Comment from : @LAIRDO-

Check out Nero Knowledge 💡
Comment from : @lindaacoff23

summary: No one ever sells a money-making passive income item You will have to work
Comment from : @davelavigne2133

How do you go about starting a new laundromat? We have a area by me without any close and some new construction plazas I think it would be great there just not sure how to go about it
Comment from : @andrewlukacs3393

interesting video style Kinda like an info doc Lots of knowledge being thrown around
Comment from : @pokemontrainer34

Open up a massage shop in Cambodia instead
Comment from : @suck_deez_monkey_ballz

Start a laundromat in a third world country
Comment from : @suck_deez_monkey_ballz

Do you own upstairs ? Whats upstairs ?
Comment from : @CONGRYU

How do you avoid vandalism in a city like San Francisco? Was thinking a membership with key fobs to get in maybe idk please help
Comment from : @Chinsanity23

These business they mention herebrbrLand and building not includedbrbrRent over 3000 a month
Comment from : @eatpizzaeatpizzaforyou2060

Great video brother!
Comment from : @RomanAtwoodDaily

I appreciate the information in this video I've always been interested in purchasing a laundromat, but I've never taken the steps to do so
Comment from : @clinthamilton