Brendan is a 34-year-old investor building an empire of rentals and seemingly random retail operations. He decided to buy a run-down old-timey laundromat. It's clean and there's a lot of machines in it, but some of them are broken, so he didn't do any marketing beyond an "UNDER NEW MANAGEMENT" sign in the window. How much does such an operation make, in 2019?
I appreciate everyone that's becoming interested in my laundromat content.
Above is the week 15 update, after buying some new washers; below is the first week, when it was like walking into the 1960s.
The tldr: he went from $1366 in the first two weeks (when it was rather obvious coins were walking out the door) to $1050 in the fifteenth week. Take a guess at costs and there you go.
But wait, isn't the point of a laundromat to "break even" every year?
The letter from 4 senators was addressed to Zhang Yiming, founder and CEO of TikTok owner ByteDance.
“Republicans feel that Social Media Platforms totally silence conservatives voices. We will strongly regulate, or close them down, before we can ever allow this to happen.”
Apple says it is planning to reopen more than 100 US retail stores this week, and that because the COVID-19 pandemic is ongoing, most locations will only offer curbside or storefront service.
Call it retro. Call it a throwback. Even call it kitsch. But the 80s are still a singular time in pop culture history. From Ghostbusters and Back to the Future to your neighborhood arcade and the Atari 2600, artifacts of that seminal decade still resonate, evoking audible excitement and sighs of pleasant yesteryear remembrance. But […]
With millions out of work, the global economy in a sharp recession, and legitimate fears for the future abound, you might think this is absolutely the worst time to strike out on your own and be your own boss as a work-for-hire freelancer. But according to numbers compiled by financial services company Payoneer, the current […]
For years, dirty countertops, appliances, or bathroom fixtures were just kind of gross. But unkempt corners of your kitchen and bathroom aren’t just a sign of laziness anymore. Now, they’re a potential breeding ground for infectious disease. You can’t just limp through cleaning these days. You’ve gotta get rigorous about it, which means it’s no […]