For the small price of 900$ dollars you can get scammed into watching videos on how to start a business that I at 16 have started and made thousands on... If you want classes message me or watch something else
You have to share the profits with the business your machine is at and pay utility and security fees on top of the hosting fee. So, you make about 60 cents on a dollar.
@PraiseForblu You definitely need insurance regardless, license depends on locality. There are places that won't charge you to put a vending machine in - generally places that don't have anything and want it. Hospitals, anywhere that has nurses really, offices (check smaller offices, often bigger ones will already make deals to put vending machines in).
I would love to do a job like this, I love counting money. Doesn’t have to be mine, doesn’t need to be anything but counting, I just love sorting and counting. It is oddly therapeutic.
He won't because the dude is in serious debt and nets next to nothing. These videos are scams for idiots that think this is profitable. In reality, you would need tens of stores and access to millions of dollars in reserve.
@@evolicious y'all mad because this guy has a point. You guys wonder why this guy makes UA-cam videos... It because that's where most of his profit comes from lmao. The laundromat and vending machine is not profitable like at all.
I love how he makes his “helper” counts the coins but just ends up putting money in the machine which counts the money way faster I swear these content creators always puts kids in their videos doing absolutely useless things for views
@@purpuleez8636 ah yes, the child absolutely struggled doing something so simple that he broke so much sweat, starved and dried to the bones under the sun. child labor indeed. how dare he.
It's because cash counter machines at the end of the video don't need to verify the bills. They even don't check their value. They just count number of the bills inserted. Vending machines on the other hand have to check the value and validity of the bills inserted. Otherwise you could just feed them with counterfeit bills.
@@SkippyMC no they don't. You manually enter the value on these bill counter machines shown in the video. That's also the reason why he split the bills by value beforehand. I personally worked with these.
Huh. I never realized it was that basic. Though I guess it has to be that way, if the machine is to have any hope of counting a significant number of bills without taking forever.
@@MrSimplified Only if the kid loves/has a passion in tycoon games and some with actual advanced economics like Eve Online. I love these types of games but I never got super into finance and business until I turned 15-16.
My grandmother (wonderful woman) was a nurse & had me count her paychecks from both the hospital & the nursing home where she worked. She let me feel like I was 'Helping.' Seeing the son count the currency for his dad brought back many happy memories. Thank You!
@@MinkSquared Ya put them in Low Income areas where people can't afford or otherwise can't have their own Washer/Dryer but can spend a few bucks every week or two for this.
Plot twist, the owner actually left it unlocked on accident, some guy thought it would of been the best idea to act like it was his and he’s checking to see how much money he just token
@@MiniatureMistery I don't know the tax system out of my country , but I don't think he need to pay much taxes , he might just get his content of the vending machine from the distributor in a large quantity and pay the taxes for those which is fair and it looks a side earning than some kind of main chain business , so all in all I don't think taxes will be a factor with a a drop off of 1300$ a from a vending machine
Been curious about investing in some vending machines. But wondered if these thing should be insured or if you can insure them at all. Lots of vandals & machines being destroyed.
Question though who pays for the Electric to run those machines? Do you own the Laundry mat? to where you have your machines located Do you have to pay for Utilities?? I'm thinking of buying some machines myself?
You pay for everything pretty much, I saw another video of a guy that makes 700+ a week and only spends like 500+ a month on electricity water and other thing (he owns the laundry tho)
Dang! That must almost pay the electric bill for a whole building full of washers and dryers running constantly. Seriously would hate to see that bill.
They tell you the money they’ve made but what they don’t tell you is the overheads they have such as: Property rent Energy bills Broken down machines that need replacing Maintaining the snack and drink machines Tax Many of these videos try to make it sound way better than it actually is. What you would need to also consider is the area you are buying into. Laundromats are a very outdated business as well. Always do thorough research before making a proper investment.
Would love to know overheads etc to see the whole profit etc. Granted I live in probably a different country- but I'm curious. Along with start up costs.
It doesnt cost alot its way lower than opening a shop or rent a store But it need a good legal place to put it in better if inside a mall or beside the door also need power and watching ever couple days
How do you set it up with the power source needed? Asking in assumption the locations for the vending machines are not owned by you as well. Ive always wondered how vending machine owners work out a means of powering the soda machines outside of a grocery store like ralphs, and vons and such.
he owns the laundromat too, but usually it's an agreement with the building owner. I used to run a few vending machines and I'd have to make a contract with the owner to give them a certain portion of the profit
@S.P GOTTA HAVE IT it's not as easy as it sounds bc well, u can't just order a vending machine. there's many videos explaining it I would explain it but I'm not sure how to
@S.P GOTTA HAVE IT from what I understand, no, you don’t need an LLC or anything. For my first machine I’ve been looking online Craigslist and eBay. So yes, I do believe anyone can just purchase one. It does seem that most people make some sort of contract with the building owner in regards of a fee.
The question of needing a license or permit is determined by the laws in the area in question, some require a permit to hold a yard sale , in some areas you can't have a yard sale at all . If you live in a HOA you might be required to have a stor from at a different location to operate out of because of HOA rules not allowing any form of business to exist within the HOA boundaries making working from home a violation. Before you invest your money you need to check all the laws in your area that might apply, a good place to start mite be the Better Business Bureau if one exists in your area .
Videos like these are what flood the market of, I'm going to do that people. You used to make decent money in the vending machine business, but not anymore, because of videos like these.
This guy is lucky enough not to have any costs at all - no insurance, no electricity or water bills, no maintenance costs, no re-stocking costs, no gas ⛽️ costs and no tax.
Dont trust everything here - Notice that he never filmed the cash notes being taken out from the machine, and straight away cut to him holding the stack of cash.
Ever wonder how to start a carwash, laundromat or real estate business? Book a call today with my team at investmentjoy.com
9
@@dilyarjohn5476 ⁰0⁰
rirruiwieie
الله يطعمني ورقا منن
For the small price of 900$ dollars you can get scammed into watching videos on how to start a business that I at 16 have started and made thousands on... If you want classes message me or watch something else
He's a type of guy who'll get retired before his dad.
Wait I didn't get the joke. please explain
@@zekrom77777 this guy's making a hell lot of money so he's gonna retire before his dad.
@@Jordan_offline_ oh I get it now. Thanks for explaining
@@zekrom77777 np
@@zekrom77777 the joke says it all my friend
“We end up with over 13 hundred dollars, nye-nye.”
Beat me to it :P
I fucking died when I heard that.
🤣🤣🤣
😂😂
He's really gotta get that fixed.
bruh i thought i was the only one who heard that 😂😂😂
Now he can pay that 1200$
Utility bill
? 🧐
@@sahathajparveen9336 business tax and utilities plus rent destroys profits
😂😂
He can claim expenses while filing taxes
U are jealous
Vending machines are literally better investments than real estate😭
how can I do that
@@Brandenuzis where would you put it if you don't have a business?
@@jwill5892 it’s hella easy my grandpa has his vending machines in hospitals, police stations, hotels and fire stations etc just gotta ask around
You have to share the profits with the business your machine is at and pay utility and security fees on top of the hosting fee. So, you make about 60 cents on a dollar.
@PraiseForblu You definitely need insurance regardless, license depends on locality. There are places that won't charge you to put a vending machine in - generally places that don't have anything and want it. Hospitals, anywhere that has nurses really, offices (check smaller offices, often bigger ones will already make deals to put vending machines in).
I bet this guys bank doesn’t even need to order coins from the federal reserve. This guy provides them all the change they need
Don't let the name federal fool you, that place is about as federal as Federal Express.
This is cool
This is 🅒🅞🅞🅛
He puts the quarters back into the machine where people pay a dollar for 4 quarters so he basically just makes the actual paper money
Lmao ikr
The best part is you can pay the little guy with some quarters, he plays the game, has fun, and you get the money back lol
You sir, are a thinking man 🧠🧐
the little guy looks exactly like me
Its all fun games until little guy takes money and run
child labor life hack
Ah yes, exploiting and extracting cheap labour from your young children.
That kid is too sweet
vomit
Sell him
The replies 💀
He was too sour tho
Show a day that starts with "ok so some druggies have smashed up my vending machine for cash and snacks, lets dust for prints"
YES XD
"A clue! A clue!"
I would love to do a job like this, I love counting money. Doesn’t have to be mine, doesn’t need to be anything but counting, I just love sorting and counting. It is oddly therapeutic.
Be an accountant
🤔... Work for a drug dealer? Exotic dancer maybe? 🤷🏾♂️.... 💡How about a casino? You'll be fulfilled for a lifetime.
I enjoy this but with Pokemon Cards ; Yu GI Oh Cards and Comics/Manga
I read that you like snorting...
Plot twist: its all sham and your desire is to be *hired* but rly rob'em xd
Never knew you can make lots of money with just two vending machines and a game machine 😳
and a laundry mat
not game machine 😭 in laundry machine
dont forget how much vending machines are and that he needs to reload the sodas
Depends on where you pretty much place them specially the vending machine
@@jacobs5273 ya but u still makin money for pretty much doin nothing
Next time if you are planning to rob a bank, no...just rob vending machine😂😂
Beautyfull smile a kids...😊😊...
Kids always happy how to know a father work...👍
I like to think his ‘helper’ isn’t just like his son or anything it’s just a random slave child he bought of the dark web.
XD
@Sargent Soup That's just mean I thought you were better than that.
watch yourself on that edge
Thats an expensive one from Italy but in India they are very cheap
This was beautifully dark. Love it.
i’m definitely buying one of these and starting my own little “business”
Same
Haha! SAMEEWEE
SAME
Money laundering 101
It’s typically more costly to run it
I hope the helper is honest 🤣🤣🤣
The smile of the helper is 😌
I remember when I was younger I would look under the machines and find quarters and play the games with them
Same. Now that I'm older and drop quarters under machines by accident, I just leave them hoping some kid finds them so they can use the machines.
@@OZBKLoL That's awesome! Passing on the fun to the future generation 🙂
I'm wondering how much profit you'd actually make owning a laudromat considering maintenance on machines and rent for you building space
Same here
Videos in his channel actually cover this very question, you can check it out if you'd like
Not worth it..
Also subtract utility bills from revenue.
Imagine the water bill
He was like "children are so gullible let's make him do some unpaid labor"
😂😂😂😂
I just came here to see the helper again, he's so sweet
The child’s face when pick the money it’s like an “north-european” version of “Happy merchant” meme
VERY happy merchant with a VERY happy nose
??? What is Happy Merchant ?
@@thisguyhd6591 look up le happy merchant song
@THIS GUY HD the "happy merchant" is an old antisemitic cartoon that's made a comeback via meme culture.
@@samuelbird4622 oy vey not anti semetic.....
The way his voice glitched at the end caught me surprise and I laughed a little bit
Ni-nice
"Night night"
@@Corn0nTheCobb XD
Ni-9
Why rob someone’s house when you can rob a laundry mat
I actually was going to buy some vending machines but the problem is finding places to put them.
these videos are lies btw. your wasting your money.
@@the_wudarian How so?
it's so satisfying how the bills just teleport down
Can you provide a breakdown on the NET profit after all overheads and amortising costs? I.e depreciation of machines
He made this video to make you people happy, and yet it’s never enough 😂
He won't because the dude is in serious debt and nets next to nothing. These videos are scams for idiots that think this is profitable. In reality, you would need tens of stores and access to millions of dollars in reserve.
@@evolicious Says who buddy? Hm? Hmm?? Says who.
@@evolicious and I asked when? Hmm? *HMM?*
@@evolicious y'all mad because this guy has a point. You guys wonder why this guy makes UA-cam videos... It because that's where most of his profit comes from lmao. The laundromat and vending machine is not profitable like at all.
In india currency it's approximately around 1,02,633/-
aprox?
@@haha_harsh 0.12 Million ( in his currency) he meant.
Weird bank notes
Bro called me broke in 1000 ways😭😭
I love how he makes his “helper” counts the coins but just ends up putting money in the machine which counts the money way faster
I swear these content creators always puts kids in their videos doing absolutely useless things for views
Fr tho
He got his “helper” to sort the bills so the machine could count properly
Ah yes child labor
He counted 1400 money and the guy puts in machine me thinking hhmmm answer is torture
@@purpuleez8636 ah yes, the child absolutely struggled doing something so simple that he broke so much sweat, starved and dried to the bones under the sun. child labor indeed. how dare he.
I like how the machines at the end can count money so easily but the vending machines can’t count one dollar slowly
It's because cash counter machines at the end of the video don't need to verify the bills. They even don't check their value. They just count number of the bills inserted. Vending machines on the other hand have to check the value and validity of the bills inserted. Otherwise you could just feed them with counterfeit bills.
@@EvzenEmanuel oh ok that makes more sense
@@EvzenEmanuel no they def check what type of bill it is/it’s value
@@SkippyMC no they don't. You manually enter the value on these bill counter machines shown in the video. That's also the reason why he split the bills by value beforehand. I personally worked with these.
Huh. I never realized it was that basic. Though I guess it has to be that way, if the machine is to have any hope of counting a significant number of bills without taking forever.
You: takes moneys from vending machine
Me: my money 😢💀
What's your margin/profit?
When the boy look at him and nodding is just adorable
Ikr
That's awesome teaching him about business at a young age instead of like most parents handing them a tablet and say don't bother me till dinner
That’s not nice, not most parents aren’t like that. Sure they gave me a tablet but I learned some things from them
@@rambo_6031 plus if the kid is smart he can learn about business from the internet
@@MrSimplified let's be real here
@@MrSimplified Only if the kid loves/has a passion in tycoon games and some with actual advanced economics like Eve Online. I love these types of games but I never got super into finance and business until I turned 15-16.
*Hey* *it* *works*
The way the dad told his son to count all the 1s 5s and 10s when there’s a money counter 😂
My grandmother (wonderful woman) was a nurse & had me count her paychecks from both the hospital & the nursing home where she worked. She let me feel like I was 'Helping.' Seeing the son count the currency for his dad brought back many happy memories.
Thank You!
Awww ❤❤
So you counted to two each time?
The kid looked so happy holding the money in his hands
Thats because his father shows him trust and in turn, respect 👍
It feels nice to see someone's effort paid off well.
They're not bills, they're notes. A bill is a notification that you owe money. Paper currency are notes.
Karens: Kids study hard so you don't end up like janitors
Janitors:
This weekend and the new album is the youngest
[wow]
🫶
@@vhonnavales3121 what?
The lil kid was smiling like he was getting the money
solid reminder why i paid a little extra to have a washer/dryer in my house
it really is worth it, especially in times where laundromats are dying by the day. how this man has a profitable business is beyond me
@@MinkSquared Ya put them in Low Income areas where people can't afford or otherwise can't have their own Washer/Dryer but can spend a few bucks every week or two for this.
Imagin paying 300 dollars for vending machine and end up with 1000 dollars
Yeah but vending machines need products that cost money...
@@tempestzz5682 that’s why you go to Cosco or Sams club to get the drinks. They’re gonna be the cheapest you can get in bulk.
@@tempestzz5682 when you buy a pack of the soda, not each can is worth a dollar, it’s worth less. That’s how they profit, by raising the price.
@@lizzardsthename I work at Coca Cola, a 24 pack is $3 even after tax. Such a come up lmao
Aye, profit. But dont forget you also need to re-buy stock in bulk
Plot twist, the owner actually left it unlocked on accident, some guy thought it would of been the best idea to act like it was his and he’s checking to see how much money he just token
😂😂
The grammar hurts my brain 💀
@@kimminseok3453 oops glide typing
@@Preetham0206 i think it's ok 😃💖
@@jose-tf2mo his grammar ?
Im getting ready to rob a vending machine rn💀💀
In Germany -40% for taxes etc.
I've always wondered what's inside those machines and how do this whole process works! Thanks for the video!!!!
soda
@@jacyoutube4459 No way!
When I was younger, I thought soda and snack machines were just state mandatory when owning a laundry mat.
Wtf lol
I love how the kid literally looks like he's about to run with the money
My favorite machine at the gym is the vending machine.
I am curious as to how much $$ in total maintenance is needed for these vending machines without card readers. I'm looking to pick up a few.
Use solar and fix the machines yourself
My dad had a couple of them and I honestly never saw him work on it. I put the sodas in but never seen maintenance on it.
I think I spent maybe $15 in the past two years on the machine in terms of fixing it
@@InvestmentJoy and dont u have to pay taxes or something like that?
@@MiniatureMistery I don't know the tax system out of my country , but I don't think he need to pay much taxes , he might just get his content of the vending machine from the distributor in a large quantity and pay the taxes for those which is fair and it looks a side earning than some kind of main chain business , so all in all I don't think taxes will be a factor with a a drop off of 1300$ a from a vending machine
This is a small part of a longer video. Be sure to check out my non-short videos!
How do u own a vending machine?
@@onlyxolbor5262 buy it
It's weird because how can you hear me
nobody cares how u irresposibly spend ur parents trust fund. Laundromat? ur a rhehthahrhd dude
I've got a ton of vending machines that were my Dad's in our basement, after he passed away and have no clue what to do with them?
If we do a nice job and a buy a vending machine at same time we gonna be very rich🤑💰
Been curious about investing in some vending machines. But wondered if these thing should be insured or if you can insure them at all. Lots of vandals & machines being destroyed.
The helper, that smile is priceless 😌
Srsly? He is using kids to scam people
@@FanaticBLoB His kid is helping him, if you haven’t seen his other videos. He doesn’t seem unhappy about it
@@SP-pq9dq its a kid. He doesn't know whats going on.
😍🤑🤑
Yeah ❤️😇
The fact that your helper has a job at young age teach him the value of what money looks like when is save, great job 👍
No this is recording
Are you speaking Yoda?
@@jayneversober1370 Read backwards you must
labor of child you are creating.
I’m super thankful that’s how my dad raised me as well.
How did you get that job?, Because I might wanna do that it looks like soooo much fun!
Child labor is crazy
Question though who pays for the Electric to run those machines? Do you own the Laundry mat? to where you have your machines located Do you have to pay for Utilities?? I'm thinking of buying some machines myself?
You pay everything
You pay for everything pretty much, I saw another video of a guy that makes 700+ a week and only spends like 500+ a month on electricity water and other thing (he owns the laundry tho)
These businesses don't actually net any profit. These videos are lies by a scammer
@@evolicious seriously ? But there's so many people who buy drinks in the vending machine
@@evolicious maybe its just his hobby. He never gives any details.
That kid is like Junior Eminem 😂
Vending machine ❌ UA-cam likes ✅
Things like this that make me want to invest in vending machines, redbox, arcade and what not
What if the whole time he's robbing that vending machine on camera
Might want to cycle the days you pick up. Robbers: He comes here every Monday at 5 pm.
🤣
FUN FACT:- Indians not want any machine 😂🤣🤣
“Little over 13 hundred dollars”
Me: 👏👏 bravo
Dang! That must almost pay the electric bill for a whole building full of washers and dryers running constantly. Seriously would hate to see that bill.
If you’re seeing this it’s time to go do something productive
no it isnt
Fine
No.
It’s either this or read :,)
Edit: realized this could be misleading, reading is a hobby of mine that occurs when I want to waste time
Gimme 5 more minutes
They tell you the money they’ve made but what they don’t tell you is the overheads they have such as:
Property rent
Energy bills
Broken down machines that need replacing
Maintaining the snack and drink machines
Tax
Many of these videos try to make it sound way better than it actually is. What you would need to also consider is the area you are buying into. Laundromats are a very outdated business as well.
Always do thorough research before making a proper investment.
Now all the vending machines are going to be robbed.....
Would love to know overheads etc to see the whole profit etc. Granted I live in probably a different country- but I'm curious. Along with start up costs.
kok bisaa
This stuff is probably illegal where i live but im curious as well. I will probably never use this information for anything but i need it xD.
@@Trashloot What is illegal? Vending machines?🤔
@@rainbowinthedark453 😂 sounds like China or Venezuela or something
It doesnt cost alot its way lower than opening a shop or rent a store
But it need a good legal place to put it in better if inside a mall or beside the door also need power and watching ever couple days
How do you set it up with the power source needed? Asking in assumption the locations for the vending machines are not owned by you as well. Ive always wondered how vending machine owners work out a means of powering the soda machines outside of a grocery store like ralphs, and vons and such.
Probably an agreement with the owners
he owns the laundromat too, but usually it's an agreement with the building owner. I used to run a few vending machines and I'd have to make a contract with the owner to give them a certain portion of the profit
@S.P GOTTA HAVE IT it's not as easy as it sounds bc well, u can't just order a vending machine. there's many videos explaining it I would explain it but I'm not sure how to
@S.P GOTTA HAVE IT from what I understand, no, you don’t need an LLC or anything. For my first machine I’ve been looking online Craigslist and eBay. So yes, I do believe anyone can just purchase one. It does seem that most people make some sort of contract with the building owner in regards of a fee.
The question of needing a license or permit is determined by the laws in the area in question, some require a permit to hold a yard sale , in some areas you can't have a yard sale at all . If you live in a HOA you might be required to have a stor from at a different location to operate out of because of HOA rules not allowing any form of business to exist within the HOA boundaries making working from home a violation. Before you invest your money you need to check all the laws in your area that might apply, a good place to start mite be the Better Business Bureau if one exists in your area .
You need a body guard with all that cash
Meanwhile in Japan:
this is why buying a vending machine and seeing your earnings is a perfect job
LOL
Maintenance, vandalism..more variables to it bt it can be nice im sure.
It's a headache man
@@darukineo how so?
More videos like this! Straight to the point.
That smile is adorable❤
And 10x more from this youtube
पैसे ही पैसे बाबू भाईया 😂😂😂😂
That’s right teaching your kid money moves young!!
You made that kids day man it makes me smile and laugh every time I watch it lol
Why
Yeah, electricity bill and restocking doesn't exist. Also possible permit or land cost.
UA-camr: "what do you do for living"
Me: " I just have a vending machine"
UA-camr: "how much money do you get"
Me: "like a 1000$ a week"
UA-camr:😮🤯
"Lemme just use my counting machine"
Satan's little helper: *am I a joke to you*
Hahahahahahhahahahaha I was thinking about that
Ayo satan?
He didn't count the money, he just tidy up the money
The kid didn't count it, he separated it.
"An ok stack of bills"
Bitch thats a blessing to me!
😂😂😂
Are the machines and laundromat your full time job or do you have additional income
Depends on how much profit hes making. If hes making only 1200$ a month then thats not enough to be full time.
And that 1200$ is not his profit, he has to deduct the cost of drinks so may be he would be makeing around 360 to 500$ assuming profit is 30-50%
Lol ur joking right
Videos like these are what flood the market of, I'm going to do that people.
You used to make decent money in the vending machine business, but not anymore, because of videos like these.
Income is not always salary... so many sources... love this chill and casual Business 🤭
The way you son looks up to you is admiring. Keep it up buddy, you're doing it right!
Apologies if that's not your son lol just found ya.
It’s not his son… it’s some kid he snatches off the street a few years back, and he forces him to do his crappy work for him without pay
Just some kid he found
Pov:mr.crab
Nothing just a very rich man.
I love how he shows us that you don’t need a “luxurious” job to make good money!
@MM Titans I like to see you try to make more💀
@@sal0ving566 it’s mostly quarters and one dollar bills, genius. It’s really not as much as you think.
@@Chadius_Thundercock yeah for the most part/ that’s probably 1,000 for the week
@@Raven-bz8kl it’s for a whole month, see how it says “in July”?
@@Chadius_Thundercock which proves the point even more that is really not good money considering you wouldn’t make any during the month 💀
That kid mind is like “dad! can I keep that money “?🤣🤣🤣
This is so Oddly satisfying
Makes it sick I didn't invest instead of buying junk that I don't even have anymore
The money counting was so satisfying 🤤
It's OUR MONEY😡
He didn’t steal it, you paid for it willingly unless he did steal it which is another thing
Wow this makes me want to own my own laundry mat and have a couple vending machines
This guy is lucky enough not to have any costs at all - no insurance, no electricity or water bills, no maintenance costs, no re-stocking costs, no gas ⛽️ costs and no tax.
@Debbie barber LOL
Dont trust everything here - Notice that he never filmed the cash notes being taken out from the machine, and straight away cut to him holding the stack of cash.
Ive always wondered about starting a laundrymat business
Never hand a giant wad of bills to someone you can't outrun.
But he's a kid haha
Lol!!