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6 reasons why you should upgrade your laundromat business now
It seems like a good idea at the time…limping that old clunker car along based on the benefit that you have no payments – the car is paid off. It’s a great idea…until the engine starts knocking or the transmission decides, on a four-lane interstate, that it has had enough.
This same idea often plays out in the laundromat world. The equipment, though old, is paid off, so a larger chunk of the revenue picture goes straight to the bottom line. It’s great…until the out-of-order signs get a little more frequent and numerous, and service technicians are visiting as often as your most loyal customers.
Bottom line: while there’s a cost to upgrading equipment, there’s an even bigger cost to not retooling. So, let’s take a look at several reasons why an upgrade makes sense.
Higher income potential. Retooling is a great time to raise vend prices. In addition, upgrading to equipment with premium cycle options take that profit potential even higher.
Lower maintenance costs. Pretty simple, new equipment doesn’t need to be repaired.
Increased customer satisfaction. If you are annoyed by out-of-order signs, imagine how your customers feel. New equipment with excellent features increases customer satisfaction…and happy clients don’t mind paying a little more if they are getting more. Don’t forget, happy customers tell other people, and add positive comments to your online reviews.
Lower utility costs. Technology has changed since your store’s old equipment was built. Today’s new models bring improved efficiency. Just look at this owner’s exceptional story of Huebsch efficiency.
More free time. Leveraging today’s remote management capabilities, like those offered by Huebsch Command, means less time in the store and more time at home. Having the ability to remote stop and start machines and serve customers at a high level brings freedom from your store that you might not have now, and that’s as valuable as any additional revenue or efficiency.
Tax benefits. The combination of tax credits and deductions can make an equipment upgrade quite attractive.
Still looking for more reasons to retool your laundromat business? How about all these advantages paired with great finance promotions through Huebsch and the cherry on top – rebates of up to $1,000 per machine now through June 14.