How much money can a laundromat business make? Week #40 of operation
Published: 2020-06-09
Status:
Available
|
Analyzed
Published: 2020-06-09
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
An $800 snack machine generated revenue in approximately two weeks.
"this is an $800 snack machine and this is how much money it made in two weeks ish off of the snacks"
Pending
Approximately $40 was made from snacks in a vending machine.
"there's probably like 40 bucks here"
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The Columbus metropolitan region has a deficit of 50,000 housing units.
"the columbus metropolitan region that we have a deficit of 50,000 housing units"
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Due to coronavirus, there is a shortage of quarters available from banks.
"due to coronavirus it's very very big they don't want to give you quarters"
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The speaker plans to buy a car wash.
"one of their dreams sort of kinda needs to buy a car wash I'm gonna buy a car wash too"
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An $800 snack machine can generate significant revenue, with the example showing substantial earnings in approximately two weeks.
"this is an $800 snack machine and this is how much money it made in two weeks ish off of the snacks"
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The Columbus metropolitan region has a deficit of 50,000 housing units, indicating a strong demand for real estate.
"the columbus metropolitan region that we have a deficit of 50,000 housing units"
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The pop machine generated approximately $150.
"the pop machine so it'll be easy 150 bucks here"
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Vending machines can achieve a record of $125 per week in earnings, largely dependent on consistent stocking.
"so 125 dollars a week which that is a record by far and it's mostly from freaking keeping that machine stocked"
Pending
Vending machines generated $125 per week, which is a record.
"so 125 dollars a week which that is a record by far"
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$494 was collected from washer and dryer machines.
"there's four hundred ninety four dollars here"
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A single collection from vending machines can yield almost $2,000, suggesting high potential for those involved in the business.
"there's almost two thousand dollars for this collection mine are just my videos or somebody's videos"
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$450 was paid out in labor costs for the laundromat.
"I've also paid out an additional four hundred and fifty dollars in labor costs"
Pending
An individual operating honor boxes in a large metropolitan area can generate $75,000 annually, even without owning a car, highlighting the earning potential of this business model.
"an adult guy he doesn't even own a car but he doesn't in a large metropolitan area $75,000 a year"
Pending
$600 was paid for a coin sorter/machine.
"and then I also paid out another six hundred dollars for the coin butcher"
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A child can earn $50 in their first week from an honor box placed in a doctor's office, demonstrating rapid success potential for this business model among youth.
"I met a kid that he watched one of my videos on Honor boxes the next day he made one put it in a doctor's office sold out the next week made fifty dollars on his first one"
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The total collection for the laundromat was almost $2,000.
"we've got almost two thousand dollars for this collection"
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The speaker owns two other laundromats that are not yet operational.
"I bought this this place I have two other laundromats but they're not up and running yet"
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The speaker has acquired a significant number of rental properties, indicating successful real estate investment.
"I had a bunch crack loaded rental properties"
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An individual is earning $75,000 annually from an honor box business without owning a car, operating in a large metropolitan area.
"I met an adult guy he doesn't even own a car but he doesn't in a large metropolitan area $75,000 a year"
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The profit margin on soda cans is 45 cents ($0.75 selling price - $0.30 cost).
"I buy the pot for 30 cents a can we sell it for 75 cents a can"
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The speaker's YouTube channel experienced significant growth in October/November.
"my channel blew up in October November"
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If 200 honor boxes each make $10 per month, the annual revenue would be $24,000.
"put two hundred of ammount they make ten bucks a month that's $2,000"
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A child made $50 on their first honor box placement in a doctor's office in the first week.
"he made one put it in a doctor's office sold out the next week made fifty dollars on his first one"
Pending