Multi Laundromat Owner Ride-Along

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  • Опубликовано: 29 окт 2024
  • How much work is 3 laundromats? Come with me as I visit all my store on a Wednesday to see how much work needs to be done on a daily basis!
    Shout out to Splash em Out Laundromats who gave me the idea for this video!
    Have you ever thought about owning a laundromat? Maybe you should subscribe to my channel!
    #laundromats #laundry #coin-laundry

Комментарии • 40

  • @OgDj2024
    @OgDj2024 6 месяцев назад

    Thanks for the tour!
    I like all 3, and the last one the best. I’m currently writing a business plan and looking to open my first laundromat. But, after tons of research, reading books and attending webinars I found the only way someone can get a laundromat is by having at least 20% to 30% down

  • @popsco2000
    @popsco2000 3 года назад +3

    Great tour, each store looks excellent, a model of what a “mat” should look like.

  • @maryrobert80
    @maryrobert80 3 года назад +1

    All 3 laundromats look excellent Mike, all the best with them and lets hope that the customers will appreciate them and not destroy them!!!

    • @gersitz
      @gersitz  3 года назад +1

      They’re trying lol!

    • @theoddjobcentre6686
      @theoddjobcentre6686 2 года назад

      @@gersitz laundrettes in the uk seem to be fading out sadly

  • @olivergreen100
    @olivergreen100 Год назад

    Keep up the good work!!

  • @CrestwoodRocks
    @CrestwoodRocks 3 года назад +3

    Looks like Michael is doing well with his 3 coin laundries

  • @Mesreg
    @Mesreg 2 года назад +1

    Great content Michael. Do have attendants/employees during the opening hours? Do you give wash & fold service? I am newbie to laundromat business. I am trying to get my first one in DC metro area and figuring it out how to start it.

  • @dualactionsurgilator
    @dualactionsurgilator 3 года назад +1

    If you are going to use Top Loaders go with the Speed Queens they are much more reliable and wash better.

  • @showcivicred
    @showcivicred 2 года назад +2

    Great looking laundromats! I see you have 3 different brands, speed queen, Dexter, and those machines that are in the laundromat you first stopped at. How has your experience been with those brands? Have you had more problems with one in particular over the other? Thanks for the videos

    • @gersitz
      @gersitz  2 года назад +2

      All the new stuff is sort of the same. Sorta like Chevy, ford, ram, everybody has there preference… they are all under warranty still. I like all 3. If I had to retool, I’d go with Dexter over Speed Queen based on price. A smaller inner city store, I’d go with Zmaytag. So it all depends.Best advice, work with the salesman that you like the best. A good salesman will make your life easy.

    • @showcivicred
      @showcivicred 2 года назад

      @@gersitz thank you!

  • @kevinstilwell5673
    @kevinstilwell5673 3 года назад

    Great looking laundromats!!

  • @garykos1308
    @garykos1308 2 года назад +1

    Do you have a Costco Business Center near you? Add some variety to your vending machines.

  • @KOTYAR1
    @KOTYAR1 3 года назад

    Awesome video, thank you very much for this slice of life laundromat owner, content! I'm very glad I stumbled on your channel, I'll try to watch every video of yours, and will be leaving comments every time I'll see something interesting there. Have you heard anything about Unimacs UDD line of stacked dryers, should I be getting them? Are they better than ADC, maybe?
    I need stacks, sadly, I know they are less reliable than single pocket dryers.

  • @mr.millionaire4570
    @mr.millionaire4570 Год назад +1

    Damn it's easy running three laundromats from the looks of things lol my plan is owning only 1 Existing card Laundromat business that I'm going to pay $700,000 for And should expect 25% to 35% profit return. Then use the money to get my CAR & apt the same year hooray!!!

    • @gersitz
      @gersitz  Год назад

      Simple… but not easy

  • @stephenprovost8010
    @stephenprovost8010 3 года назад

    Michael: just got done watching all your videos in how the three "mats" were done. I am curious what you show on your tv's? thanks

    • @gersitz
      @gersitz  3 года назад

      I have an over the air antenna, works great- no monthly payment

  • @sappoko2941
    @sappoko2941 Год назад +1

    I'm 16 and my goal is to own a laundry mat

  • @violetgypsie
    @violetgypsie 3 года назад +1

    What happened with that small laundromat with the apartment? Do you still have that one?

    • @gersitz
      @gersitz  3 года назад +1

      Yes, the build out is on hold due to permitting and tenants not paying rent

    • @violetgypsie
      @violetgypsie 3 года назад

      @@gersitz I hope that gets sorted out for you.

  • @michaeltheus3524
    @michaeltheus3524 Год назад

    Hey Mike, How much room do you need behind the dryers? Thanks

    • @gersitz
      @gersitz  Год назад

      The more the better! If you ever need to work on them, you will need some room to “work”. Bare min would be 12”, decent 18”, best 24”+

    • @michaeltheus3524
      @michaeltheus3524 Год назад

      @@gersitz
      Thanks man, you are the best.

  • @jrboehmhouston
    @jrboehmhouston 3 года назад

    do you have the same paint codes for all three?

  • @cryptobug7531
    @cryptobug7531 15 дней назад

    Tv's off in the summer ?? makes no sense, get AC and you will have more customers.

  • @austinsmith3380
    @austinsmith3380 3 года назад

    How often do you do this? What do you think your weekly time commitment is for the 3 mats on an average week?

    • @gersitz
      @gersitz  3 года назад +2

      It’s weird I do all 3 in the same day, it just worked out like this. The 2 are on auto pilot, so I don’t need to do much… I just like being “hands on”

    • @gersitz
      @gersitz  3 года назад +1

      I’m sure it could be min-3hours Max 20 hours in any week

  • @adamburton5452
    @adamburton5452 3 года назад

    Are all your laundromats open 24 hours?

  • @davidoutdoors74
    @davidoutdoors74 2 года назад

    How is this new store doing as revenue.

    • @gersitz
      @gersitz  2 года назад

      Crushing it, over 4k/week in revenue

    • @barnscorp2784
      @barnscorp2784 Год назад

      ​@@gersitzAwesome! Is this after or before expenses?

  • @tbone4u100
    @tbone4u100 3 года назад

    That laundry mat looks poorly runned. It should be clean when you walk into your business in the morning. Smh

    • @americanbobtail1
      @americanbobtail1 Год назад +2

      Are you the type of person that complains a kitchen is dirty while a person is washing dishes? That is the point you are making....