3 Businesses You Should NEVER Own! (2023)
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- Опубликовано: 18 дек 2024
- #BusinessAdvice #Entrepreneurship #BusinessTips
3 Businesses You Should NEVER Own! (2023)
Before you dive into the world of entrepreneurship, watch this crucial video where we reveal 3 businesses you should NEVER own in 2023. Avoid the pitfalls and challenges associated with these industries to ensure a successful business journey. 👎
In this eye-opening exploration, we uncover the harsh realities behind mom and pop restaurants, laundromats, and dry cleaners. While these businesses might seem appealing at first glance, our experts have meticulously researched the risks, challenges, and potential downsides that could lead to disappointment and financial woes.
Learn about the alarming failure rates, regulatory hurdles, and the profound impact of technological advancements on these industries. We'll provide you with the insights you need to make an informed decision and save you from potential heartache.
🔔 Subscribe now and hit the notification bell to stay updated with our latest videos on business, entrepreneurship, and strategic decision-making. Share this invaluable information with your friends and aspiring entrepreneurs to help them navigate the complex world of business ownership.
Empower yourself with knowledge and ensure your entrepreneurial journey is built on a solid foundation. Watch this video now to uncover the truth about mom and pop restaurants, laundromats, and dry cleaners in 2023. Don't let these businesses lead you astray - make the right choices for your future success! 🌟
3 Businesses You Should NEVER Own! (2023)
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I literally just watched your video on the 3 things to look for when opening a laundromat. Liked and subscribed hoping to find out more about running a laundromat and found this video telling me I shouldn’t open one!
Just Collecting Quarters!!
You hit the nail right on the head. Over saturated is so true . I see them build across the street from a existing store or go 2 blocks down the street and build from the ground up. Both stores with Dexter equipment. It does not make sense.
FYI, my dry cleaning revenue is up 30% this year, best year ever.
Hold on because its less of them bringing yours more business
I don’t see Peter answering any of the questions on here. I also notice that he stopped posting about laundromats about a year ago (today is 9/14 when I’m posting this).
I know he builds mats but what are people seeing about remodeling existing locations that already have laundromat infrastructure ( see Danny D’Angelo “free laundromat”).
How can you say laundromats and then be building a new Laundromat.
My parents have owned multiple restaurants, v hard industry. Small margins, work all the time, unreliable workers
Gotta pay for reliable workers. No ones gonna be reliable for a measley 12$ an hour anymore. Thats the problem these restaurants dont pay shit and wonder why they cant keep people
Great video. Thank you!
Hi Pete , I do small laundry at unit complex’s but are open to public 24 /7 . They were run down, owners basically gave them away to me no rent . I retooled need equipment. Averaging 7+ turns a day . Unfortunately I can only get 9 washes and 10 dryers in there . But hitting $15,000 a month at 75% Net . Desperate for a bigger site ? Any tips on new sites .
Buying up laundry mats is the way to go
What about a divorce attorney law firm? I hear there is lots of business for those guys these days...
Peter! Very entertaining. We need longer videos
paranoid laundromat owners always offended when you come check it out. They should be, because they are working it and you are scouting the area. Lol.
Lmao like they even have a chance
I like this dude
The intersection near my ice machine has 3 mats. 4 more within 2 miles and some idiot is doing a new build right now. The last one built 18 mos ago has been for sale almost since opening and dropped 300k in asking price.... fools and their money!
Have her rent it out to some hipsters to open their ghost kitchen that serves micro greens and noods for $30.
There is no market for that is a super small town.
What would you say is a good population to laundromat ratio for a city?
Ok Peter. What is a business or idea that you would recommend since the Laundromat business may be over saturated? When I meet you in Vegas at Danny's convention, I could tell you're very intelligent. Come on buddy, help us common folks out. Thanks for the videos. Greatly appreciated your insights.
Some markets do need laundries. Unfortunately many markets are way overbuilt.
I own construction business in omaha and if peter called and needed help id be there to help him fuck up some crackheads loitering in the laundromat. These videos are great keep them coming.
That Woman is getting older. She might want to sell in the future.. She blew getting a fsir deal in the future.
Houses ain’t gone do you wrong 🤣
fuck yes