ilmscore | How's the vending machine business going at the laundromat?

Predictions from this Video

Total: 23
Correct: 0
Incorrect: 0
Pending: 23
Unrated: 0
Prediction
Topic
Status
Implementation of smart lighting is projected to reduce electricity usage for lighting by 30-40%.
"we should cut my actual light usage down probably 30 or 40 percent"
Smart Lighting Implementation
Pending
Monthly electricity bills for lighting are expected to decrease from $250 to approximately $100 after implementing smart lighting and LEDs.
"I'm hoping to go for about 250 a month an electric lighting bills maybe down 100"
Electricity Bill Savings
Pending
A single change that saves or makes $50 a month at one location will generate $150 a month across three locations when implemented at scale.
"one change I make that saves or makes me $50 a month it's now $150 a month at the three locations"
Vending Machine Sales at Scale
Pending
The snack machine is generating $15/day, Pepsi machines $5-$10/day, and quarter pushers $10/day (net).
"the snack machine back there directly behind me that's up to $15 a day right about the Pepsi machines right around 5 between 5 and 10 dollars a day the quarter pushers making $10 a day if I have to split that with somebody so my Nets about 10"
Vending Machine Sales
Pending
The snack vending machine at the laundromat is generating up to $15 per day in sales.
"the snack machine back there directly behind me that's up to $15 a day"
Laundromat Vending Machine Revenue
Pending
Vending machine sales at the laundromat are increasing.
"vending sales here on the vending machine aspect of the laundromat just keep going up"
Laundromat Vending Sales
Pending
Pepsi machines at the laundromat are generating between $5 and $10 per day.
"right around 5 between 5 and 10 dollars a day"
Laundromat Vending Machine Revenue
Pending
The soap dispenser machine makes about $1/day, the dryer sheet machine makes about $5/week, and the soap machine makes a couple dollars a week.
"the soap bank machine maybe a dollar a day the bag of dirt cheap I have like a thousand here that I got for free when I bought laundromat that is the fabric softener machine it's not the fact that the dryer sheet machine that's that's making me baby maybe five dollars a week the soap machine is actually pretty good a couple dollars a week"
Laundromat Vending Sales
Pending
The quarter pusher machines are making approximately $10 per day.
"the quarter pushers making $10 a day"
Laundromat Vending Machine Revenue
Pending
The Coke machine is making $10-$15/day, with some weekends reaching $50.
"this scope machines making 10 15 bucks today there's some weekends I come in 50 dollars in the machine it's crazy"
Laundromat Vending Sales
Pending
The soap vending machine generates about $1 per day.
"the soap bank machine maybe a dollar a day"
Laundromat Vending Machine Revenue
Pending
In the first 12 days of September, the quarter pusher machine generated nearly $200, surpassing the $215 made in all of August.
"we took the quarters out of the quarter pusher made almost $200 which is insane because we made 215 all of August we're at September the 12th"
Laundromat Vending Sales
Pending
The dryer sheet vending machine generates about $5 per week.
"the dryer sheet machine that's making me baby maybe five dollars a week"
Laundromat Vending Machine Revenue
Pending
Implementing smart lighting with motion sensors and timers is expected to reduce overall light usage by 30-40%.
"we're going to put in smart lighting we're gonna use wise they've got these smart outlets that you could hook up to there they're motion sensor and it will turn a branch on and you can control over the timer so I want to take some of these LED lights that I've got sitting sitting behind that door there and we're going to put them in so if somebody comes in at 1 or 2 o'clock and causes trouble all the lights flip on otherwise they turn on at 6 o'clock they turn off at 11 o'clock at night so we'll have smart lighting we should cut my actual light usage down probably 30 or 40 percent"
Laundromat Lighting Efficiency
Pending
The soap vending machine generates a couple of dollars per week.
"the soap machine is actually pretty good a couple dollars a week"
Laundromat Vending Machine Revenue
Pending
The Coke machine is making $10-$15 per day.
"this scope machines making 10 15 bucks today"
Laundromat Vending Machine Revenue
Pending
The monthly electric lighting bill of $250 is projected to decrease to around $100 after installing smart LEDs.
"spending about $250 a month just on lighting and as it stands right now we're gonna put in smart lighting... so I'm hoping to go for about 250 a month an electric lighting bills maybe down 100"
Laundromat Lighting Costs
Pending
On some weekends, the Coke machine can generate $50 in sales.
"there's some weekend's I come in 50 dollars in the machine it's crazy"
Laundromat Vending Machine Revenue
Pending
Switching from high-efficiency fluorescents to LEDs will result in significant savings.
"we're going from these these are high-efficiency fluorescents and we're going to go to LEDs which is a huge savings in of itself"
Laundromat Lighting Efficiency
Pending
In the first 12 days of September, the quarter pusher machine generated almost $200, which is close to the entire month's earnings of $215 in August.
"we took the quarters out of the quarter pusher made almost $200 which is insane because we made 215 all of August we're at September the 12th"
Laundromat Quarter Pusher Revenue
Pending
Implementing efficiency improvements like vending, quarter pushers, and new lighting across three locations will generate $150/month in savings/earnings, compounding annually.
"we're to deploy that kind of stuff all the vending the quarter pushers the new lighting we're going to do that at three locations rather than one and I think that the thing is a lot of laundromat owners and business owners they think all I can say 50 bucks a month but for me at scale with 3 locations it's actually you know one one change I make that saves or makes me $50 a month it's now $150 a month at the three locations and then per year you know it's just kind of compounding returns"
Business Efficiency Improvements
Pending
Switching from high-efficiency fluorescents to LEDs will result in significant savings.
"we're going to go to LEDs which is a huge savings in of itself"
LED Lighting Efficiency
Pending
Placing a pop machine outside the laundromat has led to sales between 2-5 AM, which would not have occurred otherwise.
"with the Coke machine no one ever had the thought to just put it on the street so people can buy pop at night and my camera that's right on the front door right there on the outside it goes off 2 3 4 5 o'clock in the morning people walk by to buy pop and those sales would not have existed that I not decided to move a pop machine outside"
Vending Machine Placement Strategy
Pending