I bought a laundromat in a little town called Chillicothe, Ohio for $85,000
Or it was $21,250. I don't know. You be the judge. CPAs argue about my purchase price in every single video I release
So for clarity's sake, it was $85,000, but there's also two apartments and a garage that
came through with it. 2025 represents the fifth full year of me owning this little laundromat in rural Ohio
The first part of this year was really tough. we had a recurring homeless problem at the laundromat
People were coming in, passing out. Over the course of the year, we went to court multiple times
after finding out who was causing these kinds of problems, the damage they had done, and thankfully we won multiple court cases
The problem was we needed to leave the laundromat open overnight to get the 24-7 customers coming in and spending money at the laundromat
So we started pursuing a bunch of different strategies to make more money. We came in strong in January, making $7,541. Pretty dang nice for the first month of the year
But then in February it wasn very good March was better at Next month was a hair under In May we hit June we hit That summer is when we came up with the idea of why don we let some of my subscribers play as
the security agent for the laundromat. So many of you have commented on my videos that I needed to
go ahead and pay for round-the-clock security. Now the problem is if we did around-the-clock
security and paid the person a paltry, let's say $15 an hour. I don't know too many people that
would ever work for $15 an hour, but let's just pretend that we're paying $15 an hour
They stay overnight early morning at 12 hours per day or 30 days per month. We would spend $5,400
per month. The math here would say that I would spend almost as much money as the laundromat makes
period. It would be a total loss at the laundromat if we did this. So we went to our subscribers and
said hey i'm gonna give out some bonuses some gifts do a little bit of different things and
we're going to go through and do this at the laundromat and over the next coming months we've
started to see the money go up literally every single month july six thousand dollars august
was a little up five sixty five hundred in the laundromat in these ongoing months amount of revenue started going up after putting somebody in watching cameras overnight and he a great guy wolfie uh he goes over the intercom system because we do have an intercom system there and is nice to the customers it really mitigated a lot
of the problems even while we've made two other choices one was to reduce the dry time of the
dryers we so effectively increase the cost by going from eight dollars to six dollars an hour
that's brought in definitely some more dryer money our collections have gone up 25 to 30 percent
So that's definitely helped in the revenue department for the laundromat. This helps me mitigate problems like the guy that came in and got naked
We posted that video. It went very viral for us up until YouTube decided to take it
He's looking right at the camera. Oh, gosh. Holy crap. What the freak
He's playing with himself. I'll put a link in the description below. It's kind of got like an age lock on
It's a really good video. YouTube did not like it. Today's video sponsor is Factor
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essentially five years. And it only got worse when we opened up the laundromat overnight after 10 o'clock
And..