ilmscore | I'm Building A Grocery Store! How Much Will It Make?

I'm Building A Grocery Store! How Much Will It Make?

Published: 2022-06-25
Status: Available | Analyzed

Predictions from this Video

Total: 7
Correct: 0
Incorrect: 0
Pending: 7
Unrated: 0
Prediction
Topic
Status
The speaker plans to potentially double or triple the size of their laundromat from approximately 900-1000 sq ft to 2800 sq ft by opening up a wall into an adjacent garage space, pending financing.
"now what i'm looking at doing is potentially doubling or even tripling the size of my laundromat my laundromat is only a thousand square feet maybe 900 square feet where we are where we do the videos in but this there's nothing behind this wall other than a garage i can open up a section of the wall and we can go from a thousand square feet he gets like 2 800 square feet for a very minimal cost but i've got to get the financing for it"
Laundromat Expansion
Pending
The speaker estimates they can resell the discounted groceries purchased for $70 for over $300 at their laundromat vending machine, indicating a significant profit margin.
"i'm guessing i can resell this stuff for over 300 bucks at my laundromat so we're definitely making some money here by buying discount groceries and hopefully i'll get my vending machine up and running super quick so we can start filling it with grocery stuff"
Vending Machine Resale Value
Pending
The speaker successfully concluded an insurance claim for car wash damage, receiving the desired payout after providing a video to the insurance company explaining errors in their calculations. The car wash was down for months, impacting income.
"so on a really great note we finally ended our insurance claim had to send the insurance company kind of a passive aggressive youtube video which i uploaded to investment joy as a private video that only they could watch inside the insurance company and i'd explain to them that they did their excel spreadsheets wrong they were off by an astronomical number when it came to our car wash wreck that did all the damage because we were down for many many months and lost one of our primary income sources so they eventually admitted that i was right and they wrote us the check for the car wash damage claim that i wanted so that's resolved"
Car Wash Insurance Claim
Pending
The automatic car wash machine was experiencing intermittent stoppages due to an improperly installed gear sensor, a common issue attributed to the part shortage and installation rush post-coronavirus. Despite this, 15 car washes were completed on a Wednesday.
"but now we're fine-tuning this machine it's been stopping on us kind of off and on and we found out that the gear a sensor on the gear was installed improperly there's kind of been a rush of installs and whatnot due to the part shortage due to chronovirus so it's just a lot of little things that are having problems but we're at three o'clock on a wednesday and we've already done 15 car washes here which is really cool"
Car Wash Machine Repair
Pending
The laundromat is experiencing such high business volume that cash collections, previously done once a week, now need to be done twice a week.
"i'm having to do these sometimes twice a week just because we're really getting busy at the laundromat"
Laundromat Business Volume
Pending
A new bill counter that can process $1, $5, $10, and $20 bills simultaneously is expected to be delivered the following day.
"i do have a new bill counter coming it's being delivered tomorrow and i'm super excited it will actually do the ones fives tens and twenties all the same time"
New Bill Counter
Pending
The speaker collected $377 in $10 bills and an additional amount in $20 bills, representing approximately three days of revenue from the laundromat, which is considered good.
"so there's our tens we're at 377 so like i said i think this is about three days worth of money from the laundromat so we'll see how much we have in twenty seven thirty seven that's really not too bad"
Laundromat Revenue
Pending