ilmscore | Should I 2X My Laundromat?

Should I 2X My Laundromat?

Published: 2023-03-11
Status: Available | Analyzed

Predictions from this Video

Total: 9
Correct: 0
Incorrect: 0
Pending: 9
Unrated: 0
Prediction
Topic
Status
The speaker plans to triple the size of their laundromat from 1,000 sq ft to 2,600 sq ft.
"ultimately my goal would be extend the laundromat out which should be 2 600 square feet we're right now at a thousand so I could almost almost triple the size of the laundromat"
Laundromat Expansion
Pending
Laundromat revenue is predicted to be among the best ever due to increasing customer preference and business volume.
"it's going to be probably one of the best collections we've ever done in the laundromat because we're picking up a lot of business a lot of people I'm becoming the preference for a lot of people to do their laundry"
Laundromat Revenue
Pending
The speaker intends to transition to hybrid payments for a more reliable, single payment kiosk system.
"it's why I really want to go to hybrid payments I can make one Ultra reliable payment kiosk as opposed to having multiple redundant systems"
Payment Systems
Pending
The laundromat business is currently experiencing an upward trend.
"we're on an uptrend for the laundromat"
Laundromat Business Growth
Pending
The snack machine has generated the highest number of quarters ever collected from it.
"this is the most quarters that we have ever had on this snack machine bar none"
Quarter Collection from Vending Machines
Pending
Vending machine collections over approximately 10 days are exceptionally strong, with one machine being two-thirds full.
"this is solid this is super solid and it's been maybe uh 10 days holy crap this two-thirds full"
Vending Machine Revenue
Pending
There is a possibility of exceeding $10,000 in revenue for the month from the laundromat operations.
"we might be over ten thousand dollars this month that would be awesome"
Monthly Laundromat Revenue
Pending
The speaker plans to expand their vending machine business to 20-30 machines.
"I'd like to get 20 or 30 vending machines at some point"
Vending Machine Installation
Pending
To transition from a job to a true business, the speaker emphasizes the need for hiring, automation, and robust systems.
"if you want to have a business and not a job you have to hire people you have to put in automations you have to put in tools systems and processes"
Laundromat Business Goal
Pending