How to Start Laundromat Business ($1,000,000 Investment)

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  • Опубликовано: 14 окт 2023
  • Have you ever wondered how to start a laundry business? Well we stopped into Speed Clean Coin Laundry to get a behind the scenes look into starting a coin laundromat business! This interview is packed full of great advice, inspiration and how to start a laundromat! $1 Million invested and now turning a profit! Check them out below!
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Комментарии • 40

  • @Professional_Youtube_Commenter
    @Professional_Youtube_Commenter 2 месяца назад +14

    a tip for the owner:
    You should buy big packets of detergent, and find a single use container that you can fill and put inside a vending machine. you can sell single load amounts of detergents rather than mini bottles. Higher margings.

    • @Gortman1
      @Gortman1 16 дней назад

      How is the branding going to work for that. I don't see many people buying a packet with ride written in it in pen.

    • @Professional_Youtube_Commenter
      @Professional_Youtube_Commenter 16 дней назад

      @Gortman1 have the branding on the vending machine. No need to have it on the bottle. Users are regulars they will know if it's the real deal.

  • @splashemoutlaundromat
    @splashemoutlaundromat 6 месяцев назад +36

    We have 9 Laundromats, and a 20k sq ft closed facility here in Kentucky. We love the laundry business. We have built a few from scratch, and then we have taken several over. Our equipment is Speed Queen, Huebsch Alliance Laundry Systems.

    • @bcledfoot
      @bcledfoot 5 месяцев назад +1

      It would be great if I could e-mail you and pick your brain on this. I'm just starting to look into getting into this industry.

    • @johnking4705
      @johnking4705 4 месяца назад

      im a tech I hate working on wascomat , milnor , and dexter I have seen plenty last crazy long ! but when they fail its $$ , gimme a speed queen , unimac, heubsch, ipso. all day long

  • @pepperpeterpiperpickled9805
    @pepperpeterpiperpickled9805 3 месяца назад +5

    *"If someone says 'you cant do it', look at what they've done"* solid gold advice. I know someone who retired after a lifetime of minimum wage work who would shoot down any idea you had to improve your life.

  • @popsco2000
    @popsco2000 5 месяцев назад +2

    Fantastic ! Truthful, the honest truth about laundromats.

  • @joshvendryes7945
    @joshvendryes7945 6 месяцев назад +1

    Qla has stepped into the laundromat industry. Welcome.

  • @JonBooks
    @JonBooks 8 месяцев назад +1

    Thank you for sharing!

  • @richardvillanueva8786
    @richardvillanueva8786 7 месяцев назад +1

    Last guy was golden 😉

  • @6FigureRevenue
    @6FigureRevenue  9 месяцев назад +4

    Thanks for watching! What business are you starting?

    • @Cowboy3651
      @Cowboy3651 9 месяцев назад

      Thanks... Can you provide the name of the washing machines provider?

    • @Ashtaroth1000
      @Ashtaroth1000 9 месяцев назад

      @@Cowboy3651 Wash Mechanical.

    • @Thedonsmoney25823
      @Thedonsmoney25823 3 месяца назад

      ​@@Cowboy3651wascomat

    • @Cathy84
      @Cathy84 Месяц назад

      A self service launderette

  • @thedevilsadvocate3710
    @thedevilsadvocate3710 3 месяца назад +2

    Where most failures come is in giving up. If you have a vision, it takes 3-5 year to mature for a business. You need to have enough in the bank to weather it and you need the infrastructure to prepare for slow times.

  • @user-np7xq7gf8o
    @user-np7xq7gf8o 6 дней назад

    God bless you thanks for the advice

  • @devonarose7304
    @devonarose7304 3 месяца назад +1

    Thank you

  • @OgDj2024
    @OgDj2024 3 месяца назад +2

    Very good information! Great Video!
    I’m looking to open a laundromat myself, and not sure how to get to a starting point

    • @kersondesir5499
      @kersondesir5499 3 месяца назад

      Me to

    • @av6471
      @av6471 2 месяца назад +1

      It’s no easy, low season (summers) are difficult, I have 2 laundromats, after several years I decided to leave my wife in charge and me keep working as an engineer in other company

  • @habcast3978
    @habcast3978 6 месяцев назад

    Would you start from scratch if you already owned the property?

  • @user-lt1zj9cn8q
    @user-lt1zj9cn8q Месяц назад

    Do you have a website or contact person for the equipment?

  • @PhillipHayes-vs8ge
    @PhillipHayes-vs8ge 7 месяцев назад +1

    Lego building there where I can buy turn it into a laundromat and I know I need a hundred thousand dollars to get all the workers and dryers but I need $20,000 quick to buy

  • @Jose-tc8wi
    @Jose-tc8wi 20 дней назад

    👏👏👏👏👏👏👏👏👏👏👏👏❤️❤️❤️❤️❤️

  • @jasminewashington9279
    @jasminewashington9279 17 дней назад

    How do you find the demographics for a laundromat?

  • @afridgetoofar1818
    @afridgetoofar1818 2 месяца назад +1

    Why not make it a cashless laundromat?

  • @afridgetoofar1818
    @afridgetoofar1818 2 месяца назад +1

    This poor man has to go home and deal with his wife’s negativity every night.

  • @laundromatlife4541
    @laundromatlife4541 6 месяцев назад +3

    This man is confused.

  • @Brokerfordecades
    @Brokerfordecades 9 месяцев назад +6

    You listened to the wrong Dan! I'm so sorry you will never make this million back. This video with you in a completely empty laundromat is just sad.

    • @Ashtaroth1000
      @Ashtaroth1000 9 месяцев назад +9

      Sorry, but you are wrong. its already profitable. Most people fail because they don't believe they can succeed.

    • @Brokerfordecades
      @Brokerfordecades 7 месяцев назад

      "Profitable" You paid off the million dollar build out cost and have earned 1 million plus dollars in that store? @@Ashtaroth1000

    • @michellemellis
      @michellemellis 6 месяцев назад +3

      Yes, I agree - he listened to the wrong Dan. Danny's a gem!

    • @Ashtaroth1000
      @Ashtaroth1000 2 месяца назад +3

      “It is not the critic who counts: not the man who points out how the strong man stumbles or where the doer of deeds could have done better.
      The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat.”
      So I ask, "What have you done?"

    • @Ethan624-b6s
      @Ethan624-b6s 27 дней назад

      I’ve owned laundromats. It’s not going to happen, and this is coming from an optimist