My Laundromat Made $123,284.10

My laundromat has made over $123,000! In this video we will see how much money we made in just 2 weeks in March to add to this incredible total!
I have laundromats down to a science. If you want to do laundromats as well click the link:
investmentjoyt...

[@InvestmentJoy]

Let me know what you think of style /sound /video. I think this is the future format of my channel.

[@mags4186]

Only recommendation is when you show the camera the money from the washing/drying machines, you move kinda quickly so we don’t really get to see the coins. Other than that, this is phenomenal!

[@andrewmorales5485]

I have a question how much money does a a laundry matt dry cleaning business make monthly

[@InvestmentJoy]

@@planningpersonlaidbackdeep1273 yep!

[@rustyrobinson8027]

Get a gimbal

[@andrewmorales5485]

@@rustyrobinson8027 what does that mean

[@Adam20231]

I love the fact that you were giving out quarters to your customers and thanking them for coming. That’s a sure way to keep them happy and build great rapport!

[@ColtonForrestTeter]

For real stuff like that sticks with people.

[@theguythatlikeslegos7708]

Agreed

[@Shadowcub69]

@Nedd Flanders Its called building customer loyalty, yeah he's getting that money back, but he's making sure they want to go to his place and not somewhere closer.

[@TheyCensorUsHere]

He was mad stingy on the quarters, rofl. Even looked like he checked how many before he gave them to the Grammy.

[@doki-_-7002]

i love that about owner i remember when i went to play 8 ball pool with friends owner was doing something inside so he just have us like 2-3 free rounds

[@dave200204]

I remember some of your early laundromat videos when you were lamenting about how you weren't making the kind of money you really wanted. Now the laundromat looks ten times better, the machines work and you're getting 4x the money. Expenses have gone up but I think you're getting a decent ROI on your investment. Congrats on the latest addition to the family!

[@InvestmentJoy]

Yeah , the ROI so far is good, we will have better breakdowns in the future (I'm just exporting expenses/income either from my bank, or accounting software) I think it'll be a much more interesting look

[@Hashdollars]

You made the community better by improving the place they do laundry, good for you.

[@LightningSkate]

@@InvestmentJoy do you have a base percentage for your ROI?

[@blahboy68]

By far, the most transparent channel on all of KZbin. Your honesty, I’m sure is helping people decide if it’s worth getting into this ( or car wash, rentals) business and taking the guess work out of it for them. Keep up the great work! Oh, and congratulations on the new baby!

[@Taylexwow]

His statements of what made what vs his expenses wouldn't survive a first year accounting students review.....

[@alirezashirazifard8990]

@@Taylexwow He wants to make videos so he can make money. I don’t like the fact that he confuse people who are interested in this business

[@eliasreyes3099]

That $5 bill at min 11:54 made its way to your $1 bills pile. You should get the money counter that identify the bill amount ($1,$5,$10$20 ect) and not just count bills. Will save you time in the long run. Nice work brother

[@_ALONE4EVER_]

Wow, how did you even noticed that…

[@915ChucoTown]

He said this here is the 1 5 and 20a I think

[@peterblyshchyk4385]

I noticed that too went into the chat to see if anyone else did

[@nuggetborn]

Glad I wasn't the only one to see that

[@mrbnoo6031]

It counted the $5 as a $1 note 😆 lol Oh yea if you blink you'll miss it lol It went $1 $1 $1 $1 $1 $1 $1 $1 $5 $1 $1 $1 $1 $1 $1 $1 $1 beep 😆 lol

[@robertjensen2290]

Congrats on the success of your laundromat and newest addition to your family. You're doing great.

[@timkuldayev8857]

Awesome Man! Thank you so much for the way to explain everything simply and uncomplicated. Instead of just sitting in front of a camera, you DO THE WORK! Thank you again and KEEP IT UP!!!! You are helping me in the business journey as well!

[@gilwillia]

The best bit about this guy’s business is he has absolutely no costs whatsoever.

[@ethanjesse8661]

I Came here to learn how to invest after listening to a guy on radio talk about the important of investing and how he made $960,000 in 4 months from $160,000 somehow this video has helped shed light on some things, but I'm still confused, I'm a newbie and I'm open to ideas.

[@anitapearl2706]

The economic hardship, recession, unemployment and the lost of job caused by covid-19 pandemic and crisis is enough to push people to financial ventures and diversifying when investing,

[@francetydamien]

Investing for today is priceless because tomorrow isn't promised

[@stellagrace4496]

Depending on one stream of income had never made any millionaire and earning check don't put you on forbe

[@justinlake7580]

Mr Harry Webar is the best recommending him to all beginners who wants to recover losses like i did.

[@gloryyoyos5494]

I met Mr Harry Webar last year for the first time at a conference in Manchester, I invested £45,000 and traded in few months I'm making close to £143,670

[@sebastianjudith2836]

After watching so many KZbin tutorial videos about tradingI was still making losses untill Mr Harry Webar started managing my investment now, I make £6,800 weekly.God bless bless mr Charles

[@mauriciom8430]

Here is my little laundry story of the laundromat I use to go to. The owner I use to chat with him and one day I told him that his arcades were really old and dull. He said he couldn't buy anymore or the city would deem him an arcade not a laundromat. So I told him that he could to buy 1 arcade that has 5+ video games in it. He was shocked that existed. He bought 2 arcades with a library of games in them and he made more money from the arcades than the laundromat. He was so thankful cause I sped up his retirement money he wanted to sell me the business for $5K , I was too young and stupid to realise what he was offering me.

[@vincentbrown6818]

Nice content! The best way to find that balance between saving and living is by investing, this way you get to have your savings intact and then live comfortably of the revenue coming in from your investments.

[@binagital5665]

His trade execution quality and profiting is well structured with great financial features.

[@kathywesley6283]

Startled to see Romero name mentioned here I am among his students and it have been the best decision I have made he carries every one working with him along and make sure they all make returns.

[@jasonthomas269]

Good good content.

[@abscottcoleman400]

Yes I'm a living testimony of Romero pieto his platform has also done a great thing for me.

[@andreawilson1568]

Mr Romero pieto trades on my behalf due to my tight schedules and he is indeed absolutely doing great, my last investment of $20,000 he gave me my ROI of $93,000 in a period of two weeks isn't that amazing.

[@patscott6804]

Wouldn't mind seeing the house you bought for 250dollars and how you did it, keep up the good work

[@papicoco5069]

The vending machine accounts to approximately 10% of your total revenue. It seems a lot smaller when compared to your other collections but if you think about expenses and time you invest in it, it's the biggest ROI you've got there. Great vid in any case!

[@mcvic4808]

I love your content, to be honest and I love the fact that you are very generous to your customers and show a passion for caring about your business quality and customers safety

[@b.michaelbrown1117]

You are definitely an ASSET to your community with the amount of businesses you own.

[@Ethan016v2]

The quarters he gave away goes back to him. 😂

[@terryescajeda7881]

Ya but he doesnt get any profit out of it since its his own money so its a really kind gesture

[@theluxereseller]

Probably not. They already paid for their laundry and were waiting. So it’s really like he refunded them and gave the service for free. Very nice gesture.

[@Shadow0fd3ath24]

even $2000 a month profit is insane! My bills are only $1100 a month total and food under $200...so thats dream like. Starting a high paying job and will be saving as much as i can to start buying a business like this and try to make passive money

[@Marco911]

A house for 250 bucks. I can't even get a garage for that in my country 😭

[@cyberslacker5150]

WHAT THE FREAK? At 1:39 . That poster on the back, of himself in red, crossing his arms. That was so cool, and so amusing at the same time! I had to go back and see it again. If he was selling merch I would be the first one to buy one of those posters! It's so cool to get the kids involved. Start teaching them about investing.

[@god8744]

Wow your doing such a great job I started watching you like 3 years ago amazing work

[@InvestmentJoy]

Thx

[@matthewbrown6163]

Not sure if it is common in the laundromats but our train stations have toilets lit by ultra violet light (UV) lights to stop the junkies from shooting up in the toilets. A change of light bulb or tube is all you need. Looking at you needing to refill hoppers with coins makes me thank my friend + his sister for adding some cashless / coin operated machines. Thankfully they keep $2,000 on hand in $1 coins to refill the hoppers. The smart ATM issues bags of coins & counts money so there is no need to panic if running low on coins.

[@StrokeMahEgo]

How does a uv/blacklight bulb discourage drug use in the bathroom? Genuinely curious on but science here

[@matthewbrown6163]

@@StrokeMahEgo They can't find their veins if they shooting up with heroin. Very creepy to use the toilet for a slash but see a freaky light inside.

[@Joker123mine]

@@StrokeMahEgo it makes you unable to see your veins so you can't shoot up

[@dakotafrazier2985]

Would you make a super long video of all the things you are doing for money? All the vending machines, the laundry mat, the car wash, your consulting, your social media and brand deals etc. And how you started and what you did to get where you are? I think it would be a great inspiration to people as well as a learning opportunity

[@RuneBa1]

he probably makes about 200k a year from the businesses

[@BigWheel.]

My local laundromat is pretty nice HUGE, industrial grade machines, $1.25 a pop. They've never been broken, and the few times I've seen a dryer broken its never a problem because there's so many, and they fix the broken stuff quick. The lesson here is if you buy the right equipment for a business and put money into keeping it running you'll make good money, because people like me will continue coming back due to how well cared for said business is.

[@floridaman4073]

Congrats on adding to the family. Good stuff as usual

[@meechp123]

You have a great rapport with your customers. Keep up the great work and good luck!

[@gabert11]

Ok I'm going to buy a laundry mat!

[@DK-421]

I'd honestly love to do something like this for my community, clean laundromat, barber, housing, grocery store, all in a nice area that isn't crazy expensive.

[@zappbrannigan9790]

Name a nice area that isnt expensive

[@ty_saucy1662]

@@zappbrannigan9790 columbus

[@Blinkydabill]

What a legend, giving back to customers. This guys a legend. I'm from the u.k and stumbled across this video. I'm now subscribed.

[@steves9600]

I hope you dont get robbed I use to service vending machines and I carried alot of cash I always worried about getting mugged ! Good luck great vid

[@YAZZYUTUBE]

I'm confused?!? You took the money out of the change machine and said look how much money I made. Aren't the bills in the change machine an even exchange for quarters you placed in there to make change?

[@jasonwatson4018]

Congratulations on your new baby.

[@spacejunky4380]

Expenses is what I have been wondering in all of your videos. What is the profit margin after paying off the machines. What is the overhead, initial investment for all machines etc

[@cleancutlawnservice1]

"See the problem is we've got people staying the night and sleeping in their cars in the back and all this kinda crazy stuff." LADY: "Yeah, we love it here its really come up alot." 🤣🤣🤣🤣

[@nsmilitia]

Did I hear that right? “I bought a house for 250 dollars..”

[@someguy007]

Love it. My favorite KZbin investment channel and guy!!!!

[@Gryphyn3]

Total Revenue: $4147.95x 12 = 49775.40./yr Net revenue: 13,587.48/yr. So where does the 123K in the title of the video come from? From a year or is it to date since buying it? And to be honest those numbers are not that impressive now that I've done my research into laundromats and how much they make etc. The laundromat I am buying makes anywhere between 100K per year to 150K per year and it only has 20 washers and 20 dryers in a 1500sq foot space. It's TINY compared to this one.

[@shomina2982]

you are the only one asking this,i had same thoughts

[@angelaperagine9041]

Wow Brandon, your channel really blew up. I was watching you before, years ago, when you were just driving around Ohio looking at rentals, and playing a little guitar in your office. You were so real and down to Earth. None of this gimmicky/cartoon character stuff. Hope you and the wife and kids are doing good, and this KZbin stuff hasn’t hurt you guys. Best of luck.

[@shoefit2stayfit920]

This guy have balls to do his own thing. Ppl will work 40 plus hrs per week to make someone's else dream come to through 😑

[@ArthursHD]

Put Solar PV or PVT on the roof to reduce utility bills :)

[@brianepst]

You're one of my favorite youtubers for a reason. You educate us and you're a great human being, please keep it coming 🙏🤘

[@arigutman]

Wealth opportunities are all around us, there really are zero excuses if someone has grit and tenacity, get going otherwise life will pass you by. After all, there are three types of people: those who make things happen, those who watch things happen and finally those who say what in the world just happened?! Pick who you are and go!

[@sourishsaha8067]

The king is actually hustling and making big. Go and be successful champ

[@cathy3546]

You are enhancing your neighborhood and blessing people.

[@cg391]

You are an amazing person by giving away quarters to your customers

[@pmetzler5443]

I believe it is a excellent idea you bring your children to be involved with your business. I grew up involved with parents' businesses... I was blessed to be able to pass my knowledge off to my son also.

[@nicholasvarro7382]

He’s to thank for keeping the town clean and keeping up neighbors hoods!

[@matthewwright3751]

Congratulations on the new arrival

[@JeffMuhlbach]

There was a 5 mixed in with the singles on the counting machine. I imagine when you take it all to the bank they recount it all to confirm

[@WayneTradingCompany]

I saw that too!

[@InvestmentJoy]

Seems like 50% of youtube catches the mixed money better than me :D

[@sharonmchugh7730]

Found your channel just now; i think its wonderful & you are teaching your children as you go. Continued success 🍀

[@whyask9864]

I missed a really good opportunity on a Laundromat. I regret it so bad but my time will come. I will own a Laundromat by the end of this year 💯

[@traida111]

If you could have the quarters drop out of the washing machine into a moving platform that linked back into the change machine, you would have an autonomous system. lol

[@MaxxedIntel]

Congrats on the baby!!

[@OddGamerCA]

This guy is playing a tycoon game in real life

[@aw-bt4ci]

Congratulations on the new baby man! Sound is good, looks good man. Happy to see your continued success Brandon.

[@ivandevero9268]

Hi! I love watching your videos. I was wondering, around how much did you need to start a laundrymat business?

[@harrison6082]

You are brave for starting a grocery store. Most have 1-2% profit margins. 3% in that industry is really good. And there is no customer loyalty with grocery stores. And competition is real almost everywhere. I hope you have a great spot. I wish you the best.

[@SLIM-un7tc]

Congratulations on all the business and plus the new baby hope it's happy and healthy

[@loganduckworth2529]

What is the best place to buy these older businesses or property in general? Love the vids keep up great the work!

[@moneyguy2008]

How much does your electricity bill cost you? (I'm just genuinely curious and I've never asked a laundromat owner this question before.)

[@mattchaffin1133]

We haven’t been back in a while. Definitely like the idea of doing key cards of late night wash. That’s when we used to go all the time. It’s great to see your cleaning it up an making everything right.

[@tehArgento]

3:00 lol I've just noticed the image on the back

[@michealw9695]

Wow congratulations on your successful business.

[@billnetwork-qs8cu]

There was a 5$ bill in second weeks collection of 1$ bills

[@InvestmentJoy]

Just saw

[@billnetwork-qs8cu]

Your videos have really helped with starting a vending machine business. Your awesome

[@ahmadn9373]

Mad props to you man

[@mikeschulte4271]

Congratulations on the new baby!! Hope all is well for u and ur family.

[@allenrodriguez7387]

The intro alone is inspiring subscribed right away

[@WanderingVending]

True laundry machine legend.

[@LuiSefo268]

This guy motivated me to do better in life 👌🏼

[@tommytube268]

Congratulations on all counts, but mostly the baby.

[@InvestmentJoy]

Thanks!

[@tommytube268]

@@InvestmentJoy I’m retired now, and want to go entrepreneurial, any suggestions

[@ronaldgundrum2174]

With the pandemic destroyed some small business and that is very sad to hear. The thing is I believe you're best investment "Laundromat,Car Warsh" and the Grocery stores will be more money maker's.

[@dineromujeres5910]

Congrats on the baby

[@FinancialFreedomMadeSimple]

You're doing great on your laundromat, nice collection!

[@thinline8504]

yea people don't know these things.. I work for a bank. My large deposit holders are Laundromat business owners. The business is in that.. I wouldn't doubt that amount one bit .. lol.. I actually hate when they come in, because they bring stacks of cash in bags... not checks. BAGS of cash , and I'm like DAMN I HATE THESE PEEOPPLE.

[@asaprulers226]

Glad your talking to the community

[@patriotprepperchannel1828]

Congratulations on the new addition!

[@ericknorwood5066]

You should do a video pricing out all the equipment. I’m lookin into starting a laundromat from scratch but don’t know the most affordable and/or best washers/dryers to buy. I’ve been looking into Speed Queens but then I see all this fancy equipment & get nervous lol. Plz shed some light on this topic. Ps. I’ll be commenting this on a few of your videos so you can see it. I promise it’s not spam lol

[@Kumalala_Homophobic]

Maybe do ur own research on everything related to it? I'll do it myself too

[@darylthomas7317]

@@Kumalala_Homophobic 1st rule of business, always be willing to seek help, what you will take x time to do with help you can do it in x/10th the time.

[@Kumalala_Homophobic]

@@darylthomas7317 Nice

[@Rich_iam]

@@darylthomas7317 true but you may not always get the help you are seeking. What happens when you don't get an answer to your questions. Do you keep waiting, or do you try to solve the problem yourself and learn from your experience? Everyone can't hold your hand every step of the way

[@lifestylebyalcalebs7100]

Thank you for this video, now one of my dreams isnt to own a Laundromat. Best of lixk

[@IslamAudioStation]

You seem to be a rich but good person at the same time. May God protect you and your family.

[@sheilahall9060]

OK but what about expenses such as electric and water cost of repairing equipment.

[@BossElite-]

Great video my man. Keep up the good work.

[@coemoney]

Love the coin separator

[@yolodolo9143]

Very fortunate your expense is that much. Some laundromats I looked into the lease alone is almost 10k a month.

[@bonsai8121]

The roof looks so empty, you need a photovoltaic system.

[@MeoMiyo]

He spent 122,000.00 on water and maintenance.

[@Nimionfan]

Nice insights. I am living in Europe, and I am wondering why people in the US dont buy a washer at home?

[@wvjeepguy8178]

They can be expensive for some people and also some apartments don't have hookups to accommodate them. Another reason people may use laundromats is to wash bigger items that don't work well in their home machine, like big blankets. People who travel for work and stay in hotels or campers during the week may also use a laundromat.

[@gearkid97]

Thanks for posting such wonderful content! Can you please show us in a video on how your laundromat business recognizes revenue?

[@ryderhagel2935]

Congrats on having a baby and all your other accomplishments.

[@countryclick9368]

If you don't mind me asking I'm a single father with no job at the moment how much does it cost to open a laundromat?

[@randomworld4662]

60000$ watch his earlier video

[@ironeo]

If you have to do your laundry in a place like this where there are people doing drugs,sleeping in their cars in the back and its unsafe ... Then that's a clear sign you need your own washer/dryer. That place looks extremely small. Invest in yourself and buy your own washer/dryer instead of putting your hard earned money in his pocket. I guarantee you he and his wife have their own washer/dryer.

[@eddievenuto1862]

A lot of laundromats make money a lot of people don't have washers or dryers I know that for a fact. But when you have a business like that you're using a lot of water so your water bill is probably going to be high. All your bills will be high because of your business. So you got to make a lot of money to pay for all your bills for the laundromat and profit otherwise you won't be in business. You're making business for a profit you're not in business to make nothing you have to make profit.

[@fredthompson2501]

There was a 5 in with the first batch of one's. Keep up the good work god bless you and your family.

[@tonyoliver4920]

I was going to say “your opening an arcade? Why don’t you have cabinets in the laundromat!?” And then I spotted the cabinet! But it’s up the back, put it beside the seats. Also, duke box, one of the internet connected ones, not the old school Happy Days LP things. Also, puggies (one armed bandits) could you put one of them in the laundromat? I know different states have different laws. In the UK almost anyone can have a £5 ($7) jackpot, 5p (7c) spin machine

[@JohnIsRusty]

Great video, love to see the money collecting. Fun fact nickels are now worth between 7 and 8 cents each melt value alone. your $4.70 is worth closer to $7.47 now (if you were to break some laws and melt them down) LOL We buy most of our nickel from Russia so the price has gone up very high recently. People may start hoarding nickels

[@QargZer]

It's not illegal to melt coins or alter money... It is illegal to melt it or alter it and then attempt to use it as currency.. also coins are mostly cheap alloy

[@JohnIsRusty]

@@QargZer yea nothing wrong with a old hobo nickel, (look Em up) yea most of the smaller coins will soon be a thing of the past and probably collectible. Quarters I don’t see being fazed out until at least after my lifetime

[@jeandorfeuille3978]

I really love this video, your honesty will help people decide if they want to lead toward this business. I was wondering how much you spent on Water for the month?

[@stiflersm0m193]

Wow man congrats you've come a long way from when I first started watching your videos

[@leighmonty13]

Congratulations on the new baby

[@michaelholliday5620]

Not sure where you are located but I work for a company that has 32 different locations laundromat and I work at and others 3rd shift just to prevent any problems that might acure . And are in good standard with law inforcement. Bonus for owner we also keep place clean by performing cleaning duties on the shift

[@ima1sthuemanonearth91]

Albino u saving up a 1960s thing 👍👍

[@rrbautista8930]

Congrats on your new baby! Best investment ever!... 🎊🤩🍼🎉

[@drifter4training]

this channel is soo oddly fascinating, the routine is intriguing despite the financing part... the calculating part, the numbers look like they're about to jump/shank on each other...