How to Start a Laundromat with 40% Net Profit Margins. Ep #058

The Koerner Office - Business Ideas, Advice & Deep Dives - A podcast by Chris Koerner

Categories:

I sat down with Tyler Purcell, known as the "Laundry Guy" on Twitter. Tyler owns four laundromats in Ohio, pulling in a remarkable 40% profit margin. We discuss how he manages to balance running a wealth management firm and operating these highly profitable laundromats. Tyler also talks about the strategies he uses to outperform competitors and explains why laundromats are such a lucrative business. Timestamps below. Enjoy!---Watch this on YouTube instead here: tkopod.co/p-ytAsk me a question...