The Boring $1M/Year Business That Almost Never Fails

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... ━ 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... ━ UPDATE - We put together a step-by-step business plan about laundromat business! It also covers all the ideas from the podcast, so you can turn everything you heard into a clear, actionable plan. 15,000+ words & 40 pages - with charts and graphs and other ideas to launch in this space. And it's only $19 if you use 50% off promo code LAUNDRY right here: https://buy.stripe.com/aFadRae8f9W07k... Check out my newsletter at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://TKOPOD.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and join my private community at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://TKOwners.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Got a story about making money in a surprising way? I want you on the show → http://TKOYES.COM ━ Learn more about opening a Laundry Spot franchise: ⁠https://laundryspot.com/franchiseinfo 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