I own 2 laundromats in low income areas. I work about 25 hours a week and gross about 240K a year. whilst working with an advisor like Julianne Iwersen Niemann. I used to work in Sears repairs,, so I saved money by fixing my own machines. Believe it or not, the soap detergent vending machines bring in a good amount as well. Trust me starting and maintaining a profitable business starts with properly managing your finance.
@KentBrono8 күн бұрын
Laundromats are easy to operate...I know this lady you mentioned. I bought a laundromat from a friend many years ago who retired overseas. Repairs are costly. Try to at least learn the basics. I have bill acceptor machines to exchange for tokens, much better than counting and hauling quarters . My locations are near low income housing and apartments, which are very good for business.
@BaffySchenck8 күн бұрын
I owned 3 laundromats in SF. The biggest 3 issues? The Lease, the lease and the lease. Got screwed by two owners that didn't renew the lease. If you own the building, different story. Probably, it will not be bad to work with your advisor
@PajinakStanovska8 күн бұрын
thanks for talking about your situation. Definitely helps a young and desperate poor guy like me to stay encouraged in striving to achieve my first ever owned business ... 240 gr. < - electric, water, mechanical, supplies, janitorial, city taxes, county taxes, insurance, business license heat, cooling costs & misc.. = ? . these taxes really want to make me work with a CFA. so that i can know how to joggle my way through. how do i reach her
@FirstHundi8 күн бұрын
@@TinaMyles this will be my 3rd one. Selling my 2nd one to buy this one. So I’ll have 2 retooled ones now once this is complete. Yes. The soap vending is crazy sometimes. Always filling it up. I might need 3 soap vending for this one 🤷♂️
@FirstHundi8 күн бұрын
@@BaffySchenck I’m lucky that I own the real estate but don’t have nearly the population you have.
@BobConnor-n2g11 күн бұрын
To prevent so much "out of order" would it be possible to have a few extra machines you can slide in place of the broken one while you fix it off site? At least for the top loaders this might be possible.
@FirstHundi11 күн бұрын
@@BobConnor-n2g I’m taking everything out & replacing with new big machines. It’ll be a whole new place.
@CrestwoodRocks10 күн бұрын
Those signs however appear to be good rules. If followed correctly, those machines sure lasted a long time
@FirstHundi10 күн бұрын
@@CrestwoodRocks the problem with these kind of signs is that nobody follows them anyhow. It’s like screaming at your customers constantly.
@CrestwoodRocks10 күн бұрын
@@FirstHundi yeah it seems to be that way
@FirstHundi10 күн бұрын
@@CrestwoodRocks I like “Thank you” and appreciate vibe better than “DO NOT…”. That with a nice facility gives a reason for customers to actually respect the place.
@kurtismckemmie485018 күн бұрын
Those dryers look 40 years old.
@FirstHundi18 күн бұрын
@@kurtismckemmie4850 probably 60 plus. 😳
@mikeschulte427115 күн бұрын
@@FirstHundi yea those r some cool bad ass dryers. Probably get really hot also. The old ones didn’t have temperature safety cut offs like newer ones do. Get a temperature reader one that’s a laser and see how hot they get on high heat
@FirstHundi15 күн бұрын
@ thy have them set on high heat too. My gas bill didn’t change with changing to the new ones at my other place with a good 10x more usage.
@scrapgamingx194215 күн бұрын
Hey I definitely recommend keeping those for legal reasons but just on one sign all clearly written so you don’t have any liability in court
@FirstHundi15 күн бұрын
@@scrapgamingx1942 I’ll have nice positive remarks on chalkboard signs. Thanks for your advice tho!
@vam677515 күн бұрын
Why did I get this video? Anyways, I absolutely agree. Put one sign at the front desk to protect you from liability or make a case in court for property damage. No one reads them or follows them anyways. Good luck with the new laundromat.
@FirstHundi15 күн бұрын
@@vam6775 yeah I just have a nice chalk board in my retooled laundromat stating “check washers & dryers before & after using” in colored chalk. That’s it. Kids will always race/ride in the carts. Decided not to fight that battle & I find it a better option than then on a phone :)
@HughesEnterprises15 күн бұрын
Not your machines, not your facility, you want to use their service play by their rules.