Laundry Spot is changing the game! Tyler does a masterful job telling the story. Excited for the future of LS
I just talked to a guy who makes $421,000 a year net profit from a laundromat.
In Hamilton, Ohio. Population 60,000.
He opened it during COVID.
First quarter after grand opening he was already on track for $400,000 a year.
By year four he crossed a million.
His biggest machine does six to seven turns a day at $22 base price. That one machine makes $30,000 a year in profit. It paid for itself in 12 months.
Even crazier his utilities run under 10% of revenue because the equipment weighs the laundry and uses the exact amount of water it needs.
His name is Tyler. He runs four laundromats across Ohio
His prices are at or below the old laundromats in town and his equipment is top notch. Customers come in, see the equipment, and never go back.
In this episode Tyler:
- Breaks down the startup cost and the five-year payback math
- Shows me the free laundry weekend playbook that ramps revenue to six figures in 90 days
- Tells me why they built next to the best laundromat in town on purpose
- Breaks down the commercial laundry play that adds $100,000 a month from hotels and fire departments
@TylerPurcell24 was awesome!View quoted post on X
