A route laundry provider can ease many of the financial burdens associated with running commercial laundry solutions, such as investing in new equipment and handling maintenance tasks. Leasing laundry equipment can also help you save money in more subtle ways.
So whether you’re delivering a new campus laundry solution or you think it’s time to replace the equipment in an existing apartment laundry service, there are a number of reasons why you should consider a route provider.
If you’ve never provided multi-housing laundry solutions before, it might surprise you to discover how much they can cost. Explore some of the unexpected expenses below.
Laundry equipment is expensive. If you want high-end equipment to provide your residents with a reliable and satisfactory facility, this cost can quickly rise.
Like a car, the second you use your machinery for the first time, it drops in value. While owning your machinery means you don’t have to pay a monthly lease, it means you are responsible for replacing it when the time comes.
As with virtually any technology, things can go wrong with laundry equipment, such as broken door latches, blocked filters, leaks and overheating. If you’re not able to solve these problems yourself, you’ll need to call a maintenance person. This means paying for their time, plus any new parts that may be needed.
Beyond the cost of fixing the machines, you’ll also be losing revenue while that machine isn’t operational. If you’re able to quickly fix the problem yourself, this may not massively impact your finances.
However, if you have to wait for a maintenance person to arrive and then order new parts, this can take your downtime from a matter of hours to days or even weeks. During this time, your machine isn’t bringing in any money — it could be frustrating your residents, too.
Even when your laundry system is operating perfectly, it costs money to run. Laundry facilities require a lot of water and electricity, with the quantity and size of your machines affecting the amount consumed. How often they’re used will impact this too, meaning that your utility costs are likely to vary from month to month.
In addition to the initial equipment investments, managing the facility contributes to long-term spending. From sourcing the machines and carrying out routine laundry equipment maintenance to dealing with customer queries and organizing repairs, running a laundry facility takes time and effort. Inevitably, this labor costs money. If you’re taking on the burden yourself, it means you’re not focusing on other areas that could be making you profits.
If you own or manage a building, then you’re likely to face a variety of costs each month, many of which have probably increased over the past few years. So when you get the opportunity to cut one of these costs, it’s always worth exploring. Here are some of the ways a route laundry provider could save you money.
With laundry equipment leasing, there’s no need to front a large amount of money to get high-quality laundry systems. As part of the agreement, your provider will front the cost of the machinery, easing the financial burden on you.
This means there’s no need to wait until there’s money in the budget for new equipment, allowing you to get your laundry facilities running to the desired standard within a matter of days rather than months.
With a route laundry management company, you know exactly how much it’s going to cost you each month to have operational laundry machines. From covering the cost of maintenance and parts to providing the machines themselves, a route laundry provider can give you greater peace of mind. This makes both long-term and short-term budgeting easier.
While your utility bills may still fluctuate month to month, you can benefit from reduced running costs. Using smart sensors, energy-efficient machines can adjust their energy output based on the load size. What’s more, smart machines often have eco-friendly wash settings, further reducing the amount of water and electricity required for them to operate.
Thanks to the innovative systems used by reputable route laundry providers, your laundry facility can cut its water and electricity requirements and increase its profit margins throughout the year.
One of the main causes of downtime is faults in your laundry machinery. When you’re servicing the equipment yourself, it’s easy to let small problems fester until your machine is no longer operable. When you receive a route laundry service, your provider will take care of issues for you.
A good provider will quickly fix problems once they’ve occurred and deliver preventive maintenance that often stops issues from happening in the first place, reducing the likelihood of downtime. Preventive maintenance could include:
Some providers offer laundry revenue-sharing programs, which allow you to benefit from additional income. At Caldwell & Gregory, we’ll take our leasing fees out of the revenue, and anything above this will go straight back to you as profit.
This enables you to enjoy the perks of leased machines while still gaining income from your laundry facilities.
On top of cutting your costs, working with Caldwell & Gregory can deliver a host of other benefits, including:
From purchasing and maintenance to labor and utilities, running a commercial laundry service can have a range of expenses that can consume profits. At Caldwell & Gregory, we’ve perfected a service that eliminates or lowers many of these costs. By providing you with smart and energy-efficient machinery that we service ourselves, we help you deliver a flawless laundry service for your residents.
To find out how much money we could save you, contact us today to receive your free cost analysis.
