The Most Overlooked $1M Business Every Town Needs
Chris Koerner on The Koerner Office Podcast
685,452 views
Learn more about opening a Laundry Spot franchise:
https://laundryspot.com/franchiseinfo
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beehiiv is the newsletter platform I’ve used for over a year and a half because their data shows you exactly what’s working. Get 30% off your first 30 days at http://www.beehiiv.com/chris?utm_camp...
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I sat down with Tyler Purcell, co-founder of Laundry Spot, at their flagship location in Hamilton, Ohio, to see how a laundromat can generate more than $1 million a year. Tyler walked me through their massive 130-pound washing machine, proprietary detergent system, commercial laundry operation, and the technology they use to manage the business remotely. We also broke down startup costs, financing, margins, site selection, and the grand-opening strategy that helped them quickly attract customers. Finally, Tyler explained why buying an old “passive” laundromat can become a low-paying job and how Laundry Spot has grown into a franchise with 36 territories sold.
Enjoy!
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Audio podcast on all podcast platforms: https://toolkit.tkopod.com/podcast
Free weekly business ideas newsletter: https://tkopod.com
Private community where we build cool businesses together: https://TKOwners.com
Learn more about me: https://www.chrisjkoerner.com/
Business ideas shorts channel: @thekoernerofficeideas
The Koerner Office highlights: @thekoernerofficehighlights
AI-enabled accounting software, because Quickbooks SUCKS: https://lazybooks.com/
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Disclosure: Beehiiv is a sponsor of this video, and I am also an investor in the company. This means I may benefit financially from their success. All opinions are my own, and I only promote products I genuinely use and believe in.
This video is for educational and entertainment purposes only. It does not constitute financial, business, or legal advice. Any business examples, tools, or strategies shown are for demonstration only and may not produce the same results for you. We do not guarantee earnings, outcomes, or success. Always conduct your own due diligence, comply with applicable laws, and use these ideas responsibly.
We do not encourage duplication of copyrighted material or existing business assets. Always ensure your use complies with copyright and intellectual-property laws.
Some links may be affiliate links, meaning I may earn a commission at no extra cost to you.
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#TKOPodcast #ChrisKoerner #Laundromat #LaundromatBusiness #LaundryBusiness #SmallBusiness #Entrepreneurship #BusinessIdeas #BusinessAdvice #BusinessTips #SideHustle #MakeMoney #PassiveIncome #CashFlow #BusinessOwner #Entrepreneur #Startup #StartupAdvice #BusinessGrowth #LocalBusiness #BrickAndMortar #Franchise #FranchiseBusiness #SmallBusinessOwner #MillionDollarBusiness #MillionDollarBusinessIdeas #BoringBusiness #CashFlowBusiness #ProfitableBusiness #BusinessOpportunity #Investing #BusinessInvesting #RecurringRevenue #BusinessStrategy #OfflineBusiness #ServiceBusiness #BusinessModel #FinancialFreedom #BuildABusiness #EntrepreneurPodcast
20 Comments
Please, keep posting!!!!!
The guy looks like he knows his numbers cold!
Maybe I'd just get a franchise of theirs. But solid info!
Earned a sub.
The Most Overlooked $1M Business Every Town Needs
Chris Koerner on The Koerner Office Podcast
685,452 views
Learn more about opening a Laundry Spot franchise:
https://laundryspot.com/franchiseinfo
━
beehiiv is the newsletter platform I’ve used for over a year and a half because their data shows you exactly what’s working. Get 30% off your first 30 days at http://www.beehiiv.com/chris?utm_camp...
━
I sat down with Tyler Purcell, co-founder of Laundry Spot, at their flagship location in Hamilton, Ohio, to see how a laundromat can generate more than $1 million a year. Tyler walked me through their massive 130-pound washing machine, proprietary detergent system, commercial laundry operation, and the technology they use to manage the business remotely. We also broke down startup costs, financing, margins, site selection, and the grand-opening strategy that helped them quickly attract customers. Finally, Tyler explained why buying an old “passive” laundromat can become a low-paying job and how Laundry Spot has grown into a franchise with 36 territories sold.
Enjoy!
⸻
Audio podcast on all podcast platforms: https://toolkit.tkopod.com/podcast
Free weekly business ideas newsletter: https://tkopod.com
Private community where we build cool businesses together: https://TKOwners.com
Learn more about me: https://www.chrisjkoerner.com/
Business ideas shorts channel: @thekoernerofficeideas
The Koerner Office highlights: @thekoernerofficehighlights
AI-enabled accounting software, because Quickbooks SUCKS: https://lazybooks.com/
---
Disclosure: Beehiiv is a sponsor of this video, and I am also an investor in the company. This means I may benefit financially from their success. All opinions are my own, and I only promote products I genuinely use and believe in.
This video is for educational and entertainment purposes only. It does not constitute financial, business, or legal advice. Any business examples, tools, or strategies shown are for demonstration only and may not produce the same results for you. We do not guarantee earnings, outcomes, or success. Always conduct your own due diligence, comply with applicable laws, and use these ideas responsibly.
We do not encourage duplication of copyrighted material or existing business assets. Always ensure your use complies with copyright and intellectual-property laws.
Some links may be affiliate links, meaning I may earn a commission at no extra cost to you.
⸻
#TKOPodcast #ChrisKoerner #Laundromat #LaundromatBusiness #LaundryBusiness #SmallBusiness #Entrepreneurship #BusinessIdeas #BusinessAdvice #BusinessTips #SideHustle #MakeMoney #PassiveIncome #CashFlow #BusinessOwner #Entrepreneur #Startup #StartupAdvice #BusinessGrowth #LocalBusiness #BrickAndMortar #Franchise #FranchiseBusiness #SmallBusinessOwner #MillionDollarBusiness #MillionDollarBusinessIdeas #BoringBusiness #CashFlowBusiness #ProfitableBusiness #BusinessOpportunity #Investing #BusinessInvesting #RecurringRevenue #BusinessStrategy #OfflineBusiness #ServiceBusiness #BusinessModel #FinancialFreedom #BuildABusiness #EntrepreneurPodcast
https://laundryspot.com/franchiseinfo
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