Laundry mat how to#

So we can estimate our total income from the washing machines to be about $9,666 per month. Here’s how we would calculate the estimated washer income:Īnd to extrapolate that out to all washing machines in our laundromat: The vend prices are $3, $5, $7, and $9, respectively. Say you do some recon work on a laundromat and find out that a laundromat has 10 20lb washers, 6 40lb washers, 4 60lb washers, and 2 80lb washers. If you want to estimate the washer income of a laundromat, you’ll need to gather the 2 missing variables in our equation: the number of each size of washing machine and the vend price of each size of washing machine. I also use 30.4 as days in the month, as that’s the average number of days per month (365/12). However, just know that some laundromats average less than 3 turns, while some average more than 3 turns. The average turn per day is around 3, so we’ll use 3 to estimate our income. “Turns” refers to the number of times, on average, a machine is used each day. “Vend price” refers to the cost to do a load of laundry in a particular machine type. Let’s define a couple of those terms and then I’ll give you a practical example. # of washing machines x vend price x turns x days in the month = estimated income You can get an estimation of any laundromat’s income with a fairly simple math equation.

Laundry mat how to#

While I’ll explain how to quickly estimate any laundromat’s income in this guide, read through to the end and I’ll tell you where to download a free tool that will do this for you! 1. If you’d prefer to watch, check out the video below to learn how to estimate the income of ANY laundromat! One way to increase income is to integrate a business management system like Cents to help you increase the performance of your laundromat business. So, while we talk about how to calculate a laundromat’s estimated income, keep in mind there are specific things you can do to make even more money with a laundromat.

Ready for more flexibility and less worry? Come clean with WASH, and see how rewarding the laundromat business can be.One of the great things about laundromat businesses is that there are always opportunities to make more money once you own one. Our service contracts are customizable to your needs. If a machine needs repair or regular maintenance, our factory-trained technicians offer fast, best-in-class service to keep your investment up and running. We offer an extensive catalog of ancillary equipment for your laundry room including water heaters, laundry carts, change machines, folding tables, soap vendors - the works! When you purchase hard or soft mount coin-op washers and dryers directly from WASH, we can outfit your new commercial laundry equipment with your choice of coin-operated, card and/or mobile payment technology to optimize profitability. WASH can even connect you with a financing partner.Ĭontact a WASH representative today for a free consultation. If you need expert guidance with demographic information, room design, proformas,or competitive analysis, we’re here.

You’ll have an industry leader on board for setup and design advice, equipment, supplies andĪnything WASH-room related to successfully launch your business. WASH knows laundry! With 70+ years of experience in the business, we’re the perfect partner for private laundromat entrepreneurs.