
← The Koerner Office - Business Ideas and Deep Dives with Chris Koerner11 sep · 54 min
The Most Overlooked $1M Business Every Town Needs - Ep. #334
<p>Learn more about opening a <strong>Laundry Spot franchise</strong>:<br><a href="https://laundryspot.com/franchiseinfo" target="_blank" rel="noopener noreferer">https://laundryspot.com/franchiseinfo</a></p><p><br></p><p>Check out my newsletter at <a href="https://tkopod.com/">https://TKOPOD.com</a> and join my community at <a href="https://tkowners.com/">https://TKOwners.com</a></p><p>━</p><p><br></p><p>I sat down with <strong>Tyler Purcell</strong>, co-founder of <strong>Laundry Spot</strong>, at their flagship location in Hamilton, Ohio, to see how a laundromat can generate more than <strong>$1 million a year</strong>. Tyler walked me through their massive <strong>130-pound washing machine</strong>, proprietary detergent system, commercial laundry operation, and the technology they use to manage the business remotely. We also broke down <strong>startup costs, financing, margins, site selection</strong>, 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 <strong>36 territories sold</strong>.</p><p><br></p><p>Enjoy!</p><p>---</p><p>Watch this on <strong>YouTube</strong> instead here: <a href="https://www.youtube.com/@thekoerneroffice?sub_confirmation=1">tkopod.co/p-yt</a></p><p><strong>Ask me a question</strong> on or off the show here: <a href="http://tkopod.co/p-ask">http://tkopod.co/p-ask</a></p><p>Learn more about <strong>me:</strong> <a href="http://tkopod.co/p-cjk">http://tkopod.co/p-cjk</a></p><p>Learn about <strong>my company