Very Sneaky way to go about getting cash business. ***Even more Info** Key: 1. Your taking over an existent space whose lease is up ( and negotiate with the landowner) (how) If the current renter is late past 10 days, the landowner can legally discuss a lease with you - Lower rent more of an anchor store ( you can't just run off) 2. You can renegotiate a lease 3. Other passive income From Vending machines and other stuff even gambling machines - Don’t fill it up all the way, you make money from the space to place machines - 4. When they want to sell you a store, they’ll try to show you on the weekend (more people) go on a Tuesday slow day 5. Talk to the owner by getting their attention ( snapping pics and then asking questions), Rent, gas, water bill 6. The landlord takes care of the roof 7. Build a New Store - Starts at 150,000 - 300k 8. Tenant Improvement (landowners pays you to improve his properties) - Abated rent ( free rent ) - You get leftover items from the last tenants, machines, coin machines, 9. Store close to your home, so you can manage it (economic depress areas) 10. Indicator: - 24hours - Equipment - Security - Store layout - Competition 11. Water bill tells profit( is how the IRS audits laundromats) - Take water bill price in gallons and divide it by the machine's water intact and multiply it by its price per turn. You get the income like that. - ( Some owner might let the water run, just to show as if the store has been busy, ask for two years water bills) 12. Market - Single women with kids ( make sure the layout looks safe for these people) - Entrance and exit - No negative Signs, No payphones or bad element - Have an attent their (Maybe a button with 911) - Mirrors, so customers feel safe 13. Psychological Look For - 24 hours - Be close to another 24hours store ( free security) - Drying capacity - Size matters ( at least 1500 sq feet)
Can’t just use the total “water bill” because it includes sewer fees, which can be almost as much as the actual amount charged for water. In other words, use the number showing how many gallons of water used/charged. Factor in refunds for washers that break down (IF the owner chooses to run their business honestly, that is--some unscrupulous ones actually “makes money” by knowingly keeping malfunctioning machines available to unknowing customers and pretty much steals from the lucky ones), which could be a lot if starting out with old, unmaintained machines. 24-Hour stores are very rare for very good reasons. There are way more risks and costs, including liability and other appropriate insurance policies (IF the owner is smart). Homeless folks, runaway kids, drunks, street walkers, et al. are smart and often use 24-Hour laundromats as a temporary living room and even as a free AirBnB. Really doubt that people working at any business nearby that’s open 24-hours would have the energy or attention to serve as “free security” for someone else laundromat business, especially not leaving their own store to confront drunks and other people who hang out in the dead of night. Grandma was wise in saying, “Not much good goes on after midnight and people who wander around before daylight usually aren’t up to anything good.”
Hey guys I have two restaurants businesses and want to invest in a laundromat business, thank you for your help! I am doing research and will work hard to get this thing going!
I have multiple laundromats and I bought Danny’s DVD after getting into the business just to see what he had to say. Lots of good info in the DVD, however it’s not “FREE”. Although it is a great way to approach acquiring a laundromat..you still have to borrow ton of money from the bank to put all of the equipment in and remodel, and good luck getting that financed 100% if you are brand new to the business. Most equipment finance companies will require 20% down if you are a new owner. Also, you won’t have much negotiating leverage with a landlord if you’ve never owned a laundry before. They had a bad experience already with the current tenant, so why would they want to take the risk on a person new to the business and kick the existing tenant out? There is also the issue of inventory at least where I am located in So Cal. In some cases you would need to get these “free” mats 50 miles from your house and that just doesn’t make sense to me.
Only watched two of your videos. Respect. YA GUYS WHO MAD BOUT THE TALKING IF YOU LISTEN HE TELLING YOU ABOUT THE POSITIVE AND NEGATIVE AREAS THAT CAN EITHER STOP YOU FROM FAILING OR KEEP YOU FAILING.. #ClosedMindsDontGetFed!
I really like that you keep reiterating that this is gonna take WORK. It will save you work in the end, but you need to do the leg work. Too many "get rich quick" gurus on RUclips. I don't get that impression from you at all. Good information and straight to the point. Great video!
Danny's DVD showed me how to open THREE Free laundromats in Arkansas. I still work as a full time Fire house Captain. I like your evaluation. anyone watching this needs to see his DVD. Life changing money, people!
@@TommyBryson hi, I'm trying to start a laundromat business but don't know how to do it until I across your video. can you please send me the link for the DVD so I can it.
oh, I saw a school project in New York where they were working with local laundromats to have washers for homeless but got shut down due to Covid. Temporarily, at least.
1099 can be an issue. Based on the law, if you control behavior of a 1099, you run into legal problems and can be liable for taxes and be forced to make them a salaried/hourly employee. Telling your 1099 that they need to clean and take care and watch your store is "controlling their behavior" which is going into legal shady area.
Remember bro, every video I have to introduce myself and make sure everyone understand the basics. I can tell you know a little more than the average person, however I gotta make sure everyone gets it
George Garcia He’s baiting you to watch as long as possible because RUclips won’t payout(or not as much) when you(the viewer) leave the video quickly. He needs to keep you on the hook as long as possible for maximum profit on the video. This is why he keeps rambling about nothing and repeating himself.
@@Greendragon420able right but that stop the viewer from subscribing . You should give loyal fans even if small more importance rather than trying to get people to stay longer.
George Garcia Bro I mean no disrespect to you or TommyBryson, but this is what people selling a bogus or useless business IDEA do... They talk way too much, before they actually tell you what it is that they are talking about or selling. It's like that guy from late 90s putting out late night infomercials about how he came up with this FAIL-SAFE or FAIL-PROOF money-making system. *"It is so easy anyone can start making money today using my system,"* he would say while the camera fades out and in with a view of an ocean with his million dollar (RENTED YACHT lol) while 10 very cute ladies wearing BIKINI (PRETTY MUCH HALF NAKED) all spread out on top of the YACHT. This system is wroth over $5,000 but for you $199 today ONLY. So, hurry before this is no longer available... ROTFLMAO!!! You know here is my question. If you found or discovered this awesome money making system that will make you BILLIONS and BILLIONS OF DOLLARS making you FILTHY RICH, then why are you telling everyone else this secret and sell it for cheap price 199 dollar. Apparently, Warren Buffet knows all the tricks when it comes to Stock Market, but has he gone out selling his stock market secrets on how to make BILLIONS of dollars from it... lol... Yea, I get it... what TommyBryson is saying, but this is not for everyone.
@@Greendragon420able even if he was trying to keep people on long enough for tommy to be paid by youtube... what is your point dummy? You could have left his video anytime you want.
Ur wlecome, skip to @19:00 Entire "how to" in 20 seconds smh... He does alot of talking but says nothing... Oh wait he does keep saying "Well Tommy..."...
Hey brother I really appreciate the effort and time you put into these videos! And all the notes step by step I have a vision and I’m comming up with a blueprint a plan to try and Execute and your videos and effort into teaching us and helping is such a great help thank you so much
Great video B. Your channel direction has come along way. And using your financial experience to help others is great. Keep it up. Im gonna look into this and the ATM. I want to have money coming in from different ways
Would you recommend paying for a consultant ? They charge about 3k, and their services will help me identify the value of the lease, the quality and life of the machines, and what I need to get started. I’m looking to purchase/take over one. Your thoughts Tommy ??
Dude I’ve been watching your videos all day and you explain everything thoroughly but you keep it short and sweet too I just want to thank you Man! You are awesome for providing this info without advertising a book and or CD and you are very much appreciated.
Im currently 22 and I make about $41,000 a year living with my parents. I don't think college is the way to go in today's world to live a successful life and my parents agree. Im saving up enough money to open a business by the time im hopefully 25. I wanna open a car wash or something. It just seems so hard when you have no help and nobody to hand you a loan.
How's the dream coming along? Btw you living at home so it seems to me you have some help and in ways a free handout. Take it from someone who aged out of the foster care system at 18 and been on my own own since then. I'm a 32 year old single mom with 2 kids now and no one to lean on. I'll keep making it somehow.
You can start right now you don’t need a full building and everything. Go see if you can even make customer and make money in that game cause there People that already started and taking your customers. And mobile detailing is where the money at. There’s kids my age make 60k+ plus right now taking your customers. GO GO GO
I could be so wrong but, get the lease passed over to you for free telling the bad tenant I can better the business and be on point with the rent once that is out of the way, do a lot of promoting and invest some of your money to fix what is needed from there you start using your profit to expand it into a franchise and make the business booming again.
Exactly, Rafi... It all sounds too easy, but it is the doing part that people generally are afraid of. However, people wouldn't mind getting a FREE HAND OUT to help them with their DEBTS not unless they hit the JACKPOT. lol
Assuming if the original owner trashes or takes their original machines and you have a washing machine company do a zero down deal with you, is the cash flow even high enough to pay their monthly loan, the lease, the utilities, and the contracted employees? Seems like a loan on a few hundred grand in washing machines and dryers would cost be higher than the monthly cash flow...
You don’t pay the contractor they pay themselves by getting a percentage of the drop offs. And you can figure out how many people visit the laundry by looking at the water bill. Once you have that info, you can do the math and figure out if you’ll be positive or negative
I work at wwgay in construction as a grunt for $10 an hour so I'm definitely trying to save up for a bit of passive income until I start my apprenticeship. And then once I have some extra money I'll branch out.
I didn't know any of this. Very informational. I am the leader of a sneaker reselling team. Although it is profitable it is very time consuming. Currently searching for a form of passive income. Not 100% sure that this is it, but I lovr the content and hope to colllab with you and or other like minded accounting/ business people on how to get started with passive income. As well as tips and tricks on how to build my own business
Hi. I’m a recent college grad in business admin. I’m inspired about your knowledge on the laundrymat business. I was just wondering if you could be a mentor or just give me tips to start the business.
I think his course is reasonably priced and easy to follow if you can find a lease. I like cash business. Building a laundry mat from the ground up is just too expensive.
I was thinking about getting into this. I live in a city that's pretty much laundromat central (Los Angeles, CA). There's an old, gutted building a few blocks away from me in the next city (Inglewood is simply a hop, skip & jump from my neighborhood in LA) that used to be a laundromat that I want to bring back for the people on that block
@@jovanyjuarez7772 Sadly, nope. Still fenced up. Speaking of which, another laundromat here in LA closed up shop, which sucks because it was the only one in South Central with a Street Fighter II machine (my favorite game). Maybe if I had the opportunity, then I'd bring it back since it's a high-traffic area; it sits a block away from the 110 Freeway, across from a gas station, and is surrounded by food spots if anybody wants to grab a bite to eat
What would i do hm.. Well im a tattoo artist.... i have made 1,800$ in 18 hours of tattooing.. i would open a shop... which would in turn increase my prices... the shop also serves as a self promotional thing just being in the eye of the public.. which also would allow me to sell multiple things instead of just one(tattoos) ... aka pierces.. jewelry.. t shirts... machines... hats etc.... ... after a certain amount of time and profit i wanna open a car wash/Detailing shop.... .. i want a laundromat as well.. but i will let my wife handle that.. but .. it sucks when u have no savings... help.. family... maybe one day ill be successful and have the 3 businesses i just spoke about until then.. I will just keep dreaming
All he got was some people wanting to buy that dumb video and that's really the point. He hasn't show proof of anything. All you have to do in a RUclips video and to make something sound real is get some friends and family member together posting on your page they are going to buy the video and how great this is and wham, there you go. People are doing exactly what you wanted them to do. He claims he is not getting paid.........whatever.
How can you sell something that's not yours? He said you would be under a lease and how could you sell a franchise when it may be different owners? And even if the same owner owned a franchise and let you lease them all their still not yours to sell your leasing.
Free lease? Free machines? Free business insurance? Free Tax ID? I don't have to be there? No calls in the middle of the night that someone lost their money? No theft or vandalism? Machines that last without maintenance? Sign me up.
Malothe1 If it was only that EASY... lol. In the real word, things don't always go as you planned... and be FREE. At some point, something GOTTA GIVE. lol... All Tommy here doing is trying to generate RUclips money for himself. lol...
Just cause it looks poorly maintained doesn't mean they're behind on rent. Most business owners would rather keep the lights on & the rent paid before buying new machines, especially if the needed repairs aren't stopping any business but 🤝🏽 love your channel King, not saying it's impossible, just giving my input. Thanks for the spreading knowledge 💯
Hi I’m Cedric gray I’m 23 years old I’m very interested in start my own coin laundromat business!!! I’m looking for first hand guidance on how to start it such as money wise the whole 9 yards . Is this link something I should look into?
Thanks for your reply I’m going to buy the cd I’m also looking to create passive income trying to become an entrepreneur in the next two years I also invested in a couple of courses cell phone repair and appliance repair hope to become my own boss .
I have 3 FREE stores thanks to Danny. He has also become a friend to me and my family. Trust in his info. There is hard work ahead, but Danny shows you how to do that work in the smartest, most efficient way possible.
![Businesses that Always Fail? 7 Businesses with Shockingly High Failure Rates [Backed by Data]](/img/1.gif)
Very Sneaky way to go about getting cash business.
***Even more Info**
Key:
1. Your taking over an existent space whose lease is up ( and negotiate with the landowner)
(how) If the current renter is late past 10 days, the landowner can legally discuss a lease with you
- Lower rent more of an anchor store ( you can't just run off)
2. You can renegotiate a lease
3. Other passive income From Vending machines and other stuff even gambling machines
- Don’t fill it up all the way, you make money from the space to place machines
-
4. When they want to sell you a store, they’ll try to show you on the weekend (more people) go on a Tuesday slow day
5. Talk to the owner by getting their attention ( snapping pics and then asking questions), Rent, gas, water bill
6. The landlord takes care of the roof
7. Build a New Store
- Starts at 150,000 - 300k
8. Tenant Improvement (landowners pays you to improve his properties)
- Abated rent ( free rent )
- You get leftover items from the last tenants, machines, coin machines,
9. Store close to your home, so you can manage it (economic depress areas)
10. Indicator:
- 24hours
- Equipment
- Security
- Store layout
- Competition
11. Water bill tells profit( is how the IRS audits laundromats)
- Take water bill price in gallons and divide it by the machine's water intact and multiply it by its price per turn. You get the income like that.
- ( Some owner might let the water run, just to show as if the store has been busy, ask for two years water bills)
12. Market
- Single women with kids ( make sure the layout looks safe for these people)
- Entrance and exit
- No negative Signs, No payphones or bad element
- Have an attent their (Maybe a button with 911)
- Mirrors, so customers feel safe
13. Psychological
Look For
- 24 hours
- Be close to another 24hours store ( free security)
- Drying capacity
- Size matters ( at least 1500 sq feet)
Pk
Can’t just use the total “water bill” because it includes sewer fees, which can be almost as much as the actual amount charged for water. In other words, use the number showing how many gallons of water used/charged. Factor in refunds for washers that break down (IF the owner chooses to run their business honestly, that is--some unscrupulous ones actually “makes money” by knowingly keeping malfunctioning machines available to unknowing customers and pretty much steals from the lucky ones), which could be a lot if starting out with old, unmaintained machines.
24-Hour stores are very rare for very good reasons. There are way more risks and costs, including liability and other appropriate insurance policies (IF the owner is smart). Homeless folks, runaway kids, drunks, street walkers, et al. are smart and often use 24-Hour laundromats as a temporary living room and even as a free AirBnB.
Really doubt that people working at any business nearby that’s open 24-hours would have the energy or attention to serve as “free security” for someone else laundromat business, especially not leaving their own store to confront drunks and other people who hang out in the dead of night. Grandma was wise in saying, “Not much good goes on after midnight and people who wander around before daylight usually aren’t up to anything good.”
TommyBryson could you explain how to pay the employees again ....did t get that part thanks !!
REEE EEEK there’s an Honest way to actually make $$ in the Laundry Industry....😎
@@DeeJCutz Yes @TommyBryson; I didn't understand that part either
Not bad! Pretty darn accurate information (This coming from a guy who owns 3).
How long did it take you to get up to 3
@@TommyBryson if you ever want to do a rental/laundromat collab, let me know.
awesome send me a dm on ig or an email
Hey guys I have two restaurants businesses and want to invest in a laundromat business, thank you for your help!
I am doing research and will work hard to get this thing going!
Investment Joy I’ll invest with you. Please DM on Instagram. @lawrencehill03
the video actually starts at 7:00
Maybe... and remember just instructions and steps arent enough
Thank you
Liindzeyy Carterr 🙏🏾
Liindzeyy Carterr thanks lol
Gracias 😊
I have multiple laundromats and I bought Danny’s DVD after getting into the business just to see what he had to say. Lots of good info in the DVD, however it’s not “FREE”. Although it is a great way to approach acquiring a laundromat..you still have to borrow ton of money from the bank to put all of the equipment in and remodel, and good luck getting that financed 100% if you are brand new to the business. Most equipment finance companies will require 20% down if you are a new owner. Also, you won’t have much negotiating leverage with a landlord if you’ve never owned a laundry before. They had a bad experience already with the current tenant, so why would they want to take the risk on a person new to the business and kick the existing tenant out? There is also the issue of inventory at least where I am located in So Cal. In some cases you would need to get these “free” mats 50 miles from your house and that just doesn’t make sense to me.
How can I learn from you.. I'm looking to get into this seriously
Only watched two of your videos. Respect. YA GUYS WHO MAD BOUT THE TALKING IF YOU LISTEN HE TELLING YOU ABOUT THE POSITIVE AND NEGATIVE AREAS THAT CAN EITHER STOP YOU FROM FAILING OR KEEP YOU FAILING.. #ClosedMindsDontGetFed!
😎✅exactly
I really like that you keep reiterating that this is gonna take WORK. It will save you work in the end, but you need to do the leg work. Too many "get rich quick" gurus on RUclips. I don't get that impression from you at all. Good information and straight to the point. Great video!
Danny's DVD showed me how to open THREE Free laundromats in Arkansas. I still work as a full time Fire house Captain. I like your evaluation. anyone watching this needs to see his DVD. Life changing money, people!
😎😎
I just seen this comment and live in Central Arkansas. What is this DVD y’all are referring to?
You didn't open any of them for free, not one.
Let’s connect. I’m in Arkansas!!
@@TommyBryson hi, I'm trying to start a laundromat business but don't know how to do it until I across your video. can you please send me the link for the DVD so I can it.
I'm 6 mins and I still dont know to start my business 🤦♂️
Gotta cover the basics, videos like these are usually 4-10 hours worth of content
I just watched DVD yesterday and today. Going to rewatch again, take more notes, then email Danny with questions...
@@WinstonKnows keep me updated
Dude talks alot but doesnt say anything
@@ivanof214 lmaoooo
This is the best short and on the spot ideas I ever seen in a video to recap the most basics. Thanks a lot
He putting out gold for free 🔥
PROTECT THIS MAN AT ALL COST
Appreciate you bro!
Lol thanks bro 😎
Calm down. Ain't nobody trying to kill him lol.
@@boostyourcreditscore8273 im trying too just keep missing my opportunity lol
If I had my own laundry mat the homeless would be getting 1 FREE LOAD per week. Have you ever watched investment joy on RUclips?
Yeah I’ve check out his channel, pretty cool guy
oh, I saw a school project in New York where they were working with local laundromats to have washers for homeless but got shut down due to Covid. Temporarily, at least.
Thats a good idea
Run your business on logic not emotions. Rule number 1
Good idea in theory but how would you manage it?
1099 can be an issue. Based on the law, if you control behavior of a 1099, you run into legal problems and can be liable for taxes and be forced to make them a salaried/hourly employee. Telling your 1099 that they need to clean and take care and watch your store is "controlling their behavior" which is going into legal shady area.
Bro no disrespect, but you talk to much before getting to the point, waste to much time just go to the point
Remember bro, every video I have to introduce myself and make sure everyone understand the basics. I can tell you know a little more than the average person, however I gotta make sure everyone gets it
George Garcia He’s baiting you to watch as long as possible because RUclips won’t payout(or not as much) when you(the viewer) leave the video quickly. He needs to keep you on the hook as long as possible for maximum profit on the video. This is why he keeps rambling about nothing and repeating himself.
@@Greendragon420able right but that stop the viewer from subscribing . You should give loyal fans even if small more importance rather than trying to get people to stay longer.
George Garcia
Bro I mean no disrespect to you or TommyBryson, but this is what people selling a bogus or useless business IDEA do... They talk way too much, before they actually tell you what it is that they are talking about or selling. It's like that guy from late 90s putting out late night infomercials about how he came up with this FAIL-SAFE or FAIL-PROOF money-making system. *"It is so easy anyone can start making money today using my system,"* he would say while the camera fades out and in with a view of an ocean with his million dollar (RENTED YACHT lol) while 10 very cute ladies wearing BIKINI (PRETTY MUCH HALF NAKED) all spread out on top of the YACHT. This system is wroth over $5,000 but for you $199 today ONLY. So, hurry before this is no longer available... ROTFLMAO!!! You know here is my question. If you found or discovered this awesome money making system that will make you BILLIONS and BILLIONS OF DOLLARS making you FILTHY RICH, then why are you telling everyone else this secret and sell it for cheap price 199 dollar. Apparently, Warren Buffet knows all the tricks when it comes to Stock Market, but has he gone out selling his stock market secrets on how to make BILLIONS of dollars from it... lol... Yea, I get it... what TommyBryson is saying, but this is not for everyone.
@@Greendragon420able even if he was trying to keep people on long enough for tommy to be paid by youtube... what is your point dummy? You could have left his video anytime you want.
Ur wlecome, skip to @19:00
Entire "how to" in 20 seconds smh... He does alot of talking but says nothing... Oh wait he does keep saying "Well Tommy..."...
Remember bro the backs of starting a business are a lot more than 3 seconds. It’s about establishing a foundation 😎
i feel like a lot of this video was just you telling us that you’re going to tell us how to do it
I've watched Danny video. He's right its hours of information, I wrote up 3 pages on how to go about getting a laundromat for free.
alot to cover in 18m
You and me, both, Vania!
Can you expand on the free employee thing to me
Hey brother I really appreciate the effort and time you put into these videos! And all the notes step by step I have a vision and I’m comming up with a blueprint a plan to try and Execute and your videos and effort into teaching us and helping is such a great help thank you so much
How is the vision going ?
Great video B. Your channel direction has come along way. And using your financial experience to help others is great. Keep it up. Im gonna look into this and the ATM. I want to have money coming in from different ways
Nice, and remember to build one stream and then move into the next one
@@TommyBryson exactly brother. One builds the next and etc.
Honestly 2 nights ago I was saying am going to open a laundromat and then today your video is here thanks for the advice.
Thank you so much for this video learned a lot. Just started wetting my feet into owning a business!
I’m about to get Danny’s dvd today bro! Great video! I just subbed
Would you recommend paying for a consultant ? They charge about 3k, and their services will help me identify the value of the lease, the quality and life of the machines, and what I need to get started. I’m looking to purchase/take over one.
Your thoughts Tommy ??
@TommyBryson
Dude I’ve been watching your videos all day and you explain everything thoroughly but you keep it short and sweet too I just want to thank you Man! You are awesome for providing this info without advertising a book and or CD and you are very much appreciated.
Thanks brother, and any questions or ideas just let me know 😎
TommyBryson of course! What’s your IG so I can drop a follow?
Im currently 22 and I make about $41,000 a year living with my parents. I don't think college is the way to go in today's world to live a successful life and my parents agree. Im saving up enough money to open a business by the time im hopefully 25. I wanna open a car wash or something. It just seems so hard when you have no help and nobody to hand you a loan.
How's the dream coming along? Btw you living at home so it seems to me you have some help and in ways a free handout. Take it from someone who aged out of the foster care system at 18 and been on my own own since then. I'm a 32 year old single mom with 2 kids now and no one to lean on. I'll keep making it somehow.
You can start right now you don’t need a full building and everything. Go see if you can even make customer and make money in that game cause there People that already started and taking your customers. And mobile detailing is where the money at. There’s kids my age make 60k+ plus right now taking your customers. GO GO GO
@@gypsysundrop It's actually going really good!
Thanks for making the video .. and you’re smart for not drinking the coffee that stuff is bad
It's 2:41 AM, and I'm baked af watching this.
Lol at least your learning 😎😂
Lmaooooo same. Literally smoking watching this shit while attempting to taking notes
Yo I need to partner with y’all, if your hi I know you already took this idea x10 haha
2:33 am rn and Im Not baked yet but I will be soon as this video is over 🤣🤣
I just learned everything I've been lacking. Thanks for the education brother!!!
I didn't know that this was possible, thank you so much for all of this information.
hey can we talk over something, lets do business together i have an idea
I respect the hustle. Great content. 💪💪
Ayee thanks man😎✅
7:03 to get straight to the point.
You did a great job! You held my attention the entire time. Well done. Excited to get to work.
😎 thank you
Just found your page my new favorite RUclipsr love the hustle tips
Thanks brother, any ideas for future vids just let me know
I could be so wrong but, get the lease passed over to you for free telling the bad tenant I can better the business and be on point with the rent once that is out of the way, do a lot of promoting and invest some of your money to fix what is needed from there you start using your profit to expand it into a franchise and make the business booming again.
What about starting a trucking company like with dump trucks.or 18-wheelers or hotshot trucking. You should do a video on that.
Working on it 😎
Ok coo
The School of Bronson. Thanks, Tommy!
Thank you, bro and what are you doing in that college?
That was a good format I'm have definitely test this
Keep me updated if you do Charlie
Thank you, I've really never considered this. I'm definitely interested now.
Pay off loans, rebuild my credit, travel, teach others how to do what I did.
Exactly, Rafi... It all sounds too easy, but it is the doing part that people generally are afraid of. However, people wouldn't mind getting a FREE HAND OUT to help them with their DEBTS not unless they hit the JACKPOT. lol
@@1USAUSA
Word life. Nothing but facts, my man.
I just love people like you
Assuming if the original owner trashes or takes their original machines and you have a washing machine company do a zero down deal with you, is the cash flow even high enough to pay their monthly loan, the lease, the utilities, and the contracted employees? Seems like a loan on a few hundred grand in washing machines and dryers would cost be higher than the monthly cash flow...
You don’t pay the contractor they pay themselves by getting a percentage of the drop offs. And you can figure out how many people visit the laundry by looking at the water bill. Once you have that info, you can do the math and figure out if you’ll be positive or negative
The lesson starts @ the 6:55 mark
LEGEND
TOO MUCH YAPPING UNTIL IT STARTS
I work at wwgay in construction as a grunt for $10 an hour so I'm definitely trying to save up for a bit of passive income until I start my apprenticeship. And then once I have some extra money I'll branch out.
How do you know if the laundromat is even on a lease or if it’s owned by someone?
You CALL the landlord. Dig your heels in, and get the store.
You ask, or have a realtor do the checking for you. Also, you're not getting one for free. These guys are full of shit and just using word play.
@@TheSoloAsylum it’s free
I didn't know any of this. Very informational. I am the leader of a sneaker reselling team. Although it is profitable it is very time consuming. Currently searching for a form of passive income. Not 100% sure that this is it, but I lovr the content and hope to colllab with you and or other like minded accounting/ business people on how to get started with passive income. As well as tips and tricks on how to build my own business
Thanks appreciate the info hope you have a follow up with Launbromat
Hi. I’m a recent college grad in business admin. I’m inspired about your knowledge on the laundrymat business. I was just wondering if you could be a mentor or just give me tips to start the business.
Love the vids bro
Thanks bro, any ideas just let me know
Here in Louisiana, coin operated machines are tax free !
Great information! I’m going to do more research.
I think his course is reasonably priced and easy to follow if you can find a lease. I like cash business. Building a laundry mat from the ground up is just too expensive.
Just subscribed. Really like your channel. Salute bro. 🙏🏻
Ayeee thanks bro 😎 any ideas for future videos just let me know
I feel wack but I’m first lmao it does not matter , but thanx for the knowledge bro
Ayeee thanks bro, any ideas send them over 😎
TommyBryson I think a testimony video would be good like what was your low point that pushed u or what were the challenges of your first businesses
Great idea bro
Son you're very Intelligent, Congrats,I am almost sixty years old,And I only wish I could make some extra
money to pay Bills.
If I had a business making $1k a month I’d go get 200 more of those...btw I can already smell the leather on my ferrari 😎😂
Let’s goooooo and I can feel my car driving itself
Foreign Creations 😂😂
@@TommyBryson tesla =)
Where is 1k a month good money?
I was thinking about getting into this. I live in a city that's pretty much laundromat central (Los Angeles, CA). There's an old, gutted building a few blocks away from me in the next city (Inglewood is simply a hop, skip & jump from my neighborhood in LA) that used to be a laundromat that I want to bring back for the people on that block
Have you bought it already?
@@jovanyjuarez7772 Sadly, nope. Still fenced up. Speaking of which, another laundromat here in LA closed up shop, which sucks because it was the only one in South Central with a Street Fighter II machine (my favorite game). Maybe if I had the opportunity, then I'd bring it back since it's a high-traffic area; it sits a block away from the 110 Freeway, across from a gas station, and is surrounded by food spots if anybody wants to grab a bite to eat
Omg I love your channel and voice
I’d probably buy a few vending machines to put in there
You are on a roll bruh! The information you put out here daily is strong!
Thanks brother and couldnt have done it without the course 😎
Hey how do I search for these types of laundromats and reach out to the landowner to negotiate lease?
7:15 is where the video starts
I appreciate the game bro you special my G
Thanks bro 😎 any questions just let me know
What would i do hm.. Well im a tattoo artist.... i have made 1,800$ in 18 hours of tattooing.. i would open a shop... which would in turn increase my prices... the shop also serves as a self promotional thing just being in the eye of the public.. which also would allow me to sell multiple things instead of just one(tattoos) ... aka pierces.. jewelry.. t shirts... machines... hats etc.... ... after a certain amount of time and profit i wanna open a car wash/Detailing shop.... .. i want a laundromat as well.. but i will let my wife handle that.. but .. it sucks when u have no savings... help.. family... maybe one day ill be successful and have the 3 businesses i just spoke about until then.. I will just keep dreaming
Video starts at 7:00
❤️
From my understanding you need at least 50 people working for you to provide health insurance, so if you hire 1-5 around the clock you should be good
Theirs different ways to employ people you can have 1000 people working on 1099 and not be responsible for health care
Definitely enjoyed your video. Thank you!
Love the video
Ayeee thank you
Is the money flow enough to cover the rent and have enough profit?
Did you get a laundry mat yet? Just wondering
All he got was some people wanting to buy that dumb video and that's really the point. He hasn't show proof of anything. All you have to do in a RUclips video and to make something sound real is get some friends and family member together posting on your page they are going to buy the video and how great this is and wham, there you go. People are doing exactly what you wanted them to do. He claims he is not getting paid.........whatever.
I didn't know this was possible but I think the laundry in my neighborhood does this
Yup 😎
Glad I read the comments first so I knew to fast forward to the 6 min mark 🤣💯
Lmao i watched thru it
You did a great video dawg great commentary. Very informative and I appreciate it. Thanks a lot
Great video so informative!
I did not know. This is amazing information.
Glad this helped
I don't get the employee working as a partner and customer part.
Me either; can you explain this better @TommyBryson
If I had a dime for every time he says “by the way”... 🤣🤣🤣
Lol 😂 super rich
So when you take over a lease on the space it comes with all the equipment ?
The video actually starts at 2:50. Don't even waste time watching the first 3 minutes.
Shorten the intro bro. Waited over 3 minutes for info on anything
Thanks brother and I can tell you’re more experienced with businesses. And remember the key is to make sure even the beginners can understand
building isn't hard. it just a lot of work. I've learn how to install repair and replace washer and dryers as a kid, kinda easy
What about locations that don’t have existing laundromats and you’re forced to build?
How can you sell something that's not yours? He said you would be under a lease and how could you sell a franchise when it may be different owners? And even if the same owner owned a franchise and let you lease them all their still not yours to sell your leasing.
I love when you make these videos looking forward to more of these in the future keep up the good work
Ayee thanks, send over some ideas😎
Good shit my man
Thanks brother
I love this guy 👍
If your purchasing them what the cheapest or best prices to look for and where bro? (Washers and dryers)
Exactly
Very good. There’s one near my house next to a seven eleven that could b great business. it’s been closed up for years
Do you think you can do this with a restaurant?
Skip to 5:00 min. You won’t miss anything.
Thank you Tommy Boy!!
Bryson, you’re the real mvp!!!
Ayeee thanks bro, and any ideas send them over 😎✅
Can you do a video on starting consulting firm(social media marketing) or real estate flipping with no money?
Working on the social media one and I have on on real estate
Link: ruclips.net/video/e6xRVJDC67A/видео.html
Free lease?
Free machines?
Free business insurance?
Free Tax ID?
I don't have to be there?
No calls in the middle of the night that someone lost their money?
No theft or vandalism?
Machines that last without maintenance?
Sign me up.
Ayeeeee 😎
Malothe1
If it was only that EASY... lol. In the real word, things don't always go as you planned... and be FREE. At some point, something GOTTA GIVE. lol... All Tommy here doing is trying to generate RUclips money for himself. lol...
@@1USAUSA Agreed Free Lol.
how do you prove to the landowner that you will pay them without being late? or is that part of the 6 months grace period?
What about a dry cleaner? I’m in south jersey and found one for 50k
You should have him on the show.
Great idea 💡
Great video very informative.
😎
Just cause it looks poorly maintained doesn't mean they're behind on rent. Most business owners would rather keep the lights on & the rent paid before buying new machines, especially if the needed repairs aren't stopping any business but 🤝🏽 love your channel King, not saying it's impossible, just giving my input. Thanks for the spreading knowledge 💯
Hi I’m Cedric gray I’m 23 years old I’m very interested in start my own coin laundromat business!!! I’m looking for first hand guidance on how to start it such as money wise the whole 9 yards . Is this link something I should look into?
Yeah for sure, try it out. And keep me updated
I’m starting tomorrow and I will
Mail me the video that man wants $189 for a dvd
This sounds good u said u can use this for a barbershop
Yeah same concept 😎
Great video, do you still work your regular job while doing this.
Have gotten your free laundry mat yet I’m interested in knowing if this is real my man.
Danny got around 15, I'm doing some hunting myself and a client of mind just a barbershop this week ( similar terms )
Thanks for your reply I’m going to buy the cd I’m also looking to create passive income trying to become an entrepreneur in the next two years I also invested in a couple of courses cell phone repair and appliance repair hope to become my own boss .
I have 3 FREE stores thanks to Danny. He has also become a friend to me and my family. Trust in his info. There is hard work ahead, but Danny shows you how to do that work in the smartest, most efficient way possible.