#LAUNDRY MAT HOW TO#

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. There were only three other people in there with me and they all said they didn't see a thing! It was a horrible experience for me and cost me several hundred dollars for the price of my clothes that were stolen.One of the great things about laundromat businesses is that there are always opportunities to make more money once you own one. When I returned, one of my washers had been cleaned out! Someone stole all of my clothes in that particular machine in the five minutes that I was gone. It was so hot in there and there wasn't a drink machine so I walked next door to the gas station to get a bottle of water. I picked two washers beside each other and got my clothes going. I walked into the laundromat with my work clothes, mostly nice pant suits, in a laundry basket. It had a gas station built in beside it so I thought it was probably okay. There are three different laundromats where I live so I chose what I thought to be the best one. I had to go to the laundromat to do my clothes. My washer recently stopped working and I don't have any family close by. If you didn't want to have to do your laundry at all, you could pay the attendant a certain fee and they would take care of it for you. I started using a different laundromat that had an attendant there during the daytime and you could actually leave your clothes for thirty minutes and come back. After the fact, someone told me that people will often walk around laundromats looking for people that leave their clothes there and then steal them. I had a similar experience in the city that I used to live in.

Laundry mat