Home / Best Coin Operated Washer and Dryer for Rental Property. High Quality Bearings Emergency Stop Button Still others don’t bother with the hassle and expense of providing laundry facilities. Coin … The main costs associated with coin laundry equipment are the cost to purchase the equipment, utility bills — energy, water, and sewer — and upkeep costs — repairs, parts, and eventual replacement. Laundrylux has been helping people open and operate laundromats for over 60 years. If customers are greeted with out-of-service signs, they may think twice before returning to your store. The coin laundromat business has two simple objectives. Solid construction ensures rugged reliability over time. How to Start a Laundromat Business: Part 4. Energy has always been a significant running cost for laundromats, but in recent years, water and sewer rates have risen significantly across North America, making the water-efficiency of coin-operated washers one of the most important tools to help store owners increase profits. You can read reviews on the Speed Queen washer here. The ability to program variable pricing allows for maximum profitability at peak periods and promotional pricing for slow periods to help spread out customer flow. If you continue to use this site we will assume that you are happy with it. You can choose to offer this at no cost or charge for this service to generate additional revenue. The equipment supplier and/or manufacturer offers regularly-scheduled training seminars so operators can stay up to speed on best practices. Objective 1: Offer a convenient laundry service to your customers. Variable Pricing It's critical to select laundry equipment that is reliable and built to last. Customers can save countless hours by doing their family’s entire weekly laundry in one wash at your store instead of loading and unloading their home appliance over and over all weekend. display: block; This revolutionary microprocessor features a large display and a robust knob for easy program selection. Many customers will visit your laundromat to take advantage of the high capacity of your washers. Efficient As always, landlords need to decide what works best for their property and themselves.
Starting a successful laundromat business requires a lot of advance research into key make or break factors such as location, demographics, competition, local municipal regulations, and utility costs. These exclusive features precisely and automatically calculate the amount of unbalanced load in the washer drum then adjust distribution and extraction speeds to maximize water extraction. One option for laundry setup is for the landlord to purchase a standard washer and dryer and add to the rent amount each month or charge a monthly laundry fee.
After 75+ hours of research & testing, we’re comfortable recommending the Maytag MLG22PDAWW as the best coin operated washer & dryer for landlords & commercial laundromats currently on the market (as of summer 2019) due to its’ long-term durability (built to handle 15,000+ cycles), energy efficiency and cost value. Landlords can get some passive income via the rentals plus the increased rent to offset the bump in utilities. You can read reviews on the Speed Queen washer here. User Friendly Considering laundromats are usually significantly busier in the evening and on weekends, this can have a significant effect on your weekly turnover. In order to be profitable it's essential to choose highly efficient equipment that uses minimal water and energy. Also, if landlords are renting the appliances, the monthly contract with the company will take a bite out of any profits from the laundry setup. Then they send a check for the balance to the landlord each month. ★ Your aim as a laundromat owner is to provide the most convenient laundry service to customers while keeping costs to a minimum — Electrolux Professional coin-operated washers and dryers are specially designed to help you achieve this. The companies are responsible for every aspect of the washers and dryers. Electrolux Professional washers come in four different spin speeds.