How much money a laundromat makes, as a essential business
Published: 2020-11-13
Status:
Available
|
Analyzed
Published: 2020-11-13
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
A renovation series for the laundromat has begun filming, involving a complete tear-out and remodel.
"we've started on the renovation series already we're filming that now we're gonna go through completely tear out everything in the laundromat and do it"
Pending
Detailed financial analysis of the laundromat's performance post-renovation will be provided.
"we're gonna go through the nuts and the bolts of how much money it makes after the renovations"
Pending
The speaker has been documenting their laundromat business journey for over a year (approximately 15 months).
"we've been documenting this journey for a year over a year maybe a year and uh three months now"
Pending
Candy products are selling well in the vending machine.
"once again the candy snow sells really good"
Pending
There were over a dozen people in the laundromat on the day of the recording.
"this today i think there was over a dozen people in the laundromat"
Pending
The laundromat is busy due to colder weather, indicating increased usage by customers.
"laundromats busy so that's that's a good thing with it getting cold everybody's not doing their uh laundry in their bathtub anymore and they're using my laundromat which is cool"
Pending
A company will be hired to provide advice for the laundromat renovations.
"we're doing a series on getting a um company coming in and advising us"
Pending
A local factory is offering starting wages of $15 to $16 per hour.
"there's a local factory starting off work at 15 to 16 bucks an hour"
Pending
The current quarter collection involves collecting directly from coin hoppers rather than a single consolidated bucket.
"we're doing collections from these um coin hoppers today as opposed to just throwing everything into one bucket"
Pending
The back washers generated $11.61, bringing the total for washers and dryers to $290.25.
"for just the back washers we end up with 11.61 total that's 290 dollars and 25 cents now for the rest of the washers and the dryers"
Pending
The total revenue from washers and dryers is $694 in quarters.
"so here we are with our totals at 2776 that's 694 dollars in quarters"
Pending
There is $615 in the cashier.
"after everything's said and done there's 615 in cashier"
Pending
Surplus quarters are recycled and retained for future use instead of being taken to the bank.
"i tend to recycle any coins that we have left sometimes i'm left with a surplus like today"
Pending
Live streams and mentorship programs are being launched, offering opportunities to ask business-related questions.
"we're starting up live streams and mentorship programs so you guys can ride along with me in my car and ask me questions about business"
Pending
Information will be shared on how laundromats were acquired with no personal financial investment.
"how i bought laundromats with no money out of my own pocket things like that"
Pending