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July 31, 2017

4 Reasons Why It's Important to Replace Your Laundry Equipment

From increased customer satisfaction to improving your bottom line, there are numerous reasons to upgrade and replace the commercial laundry equipment at your coin laundry, fitness center, hotel, on-premise laundry facility.  Here are just a few of the benefits you’ll see with new, top-of-the-line laundry equipment: 

1. Reduced utility costs

About 80% of laundromat owners report spending 26% or more of their revenue on utilities and more than half of owners cite high utility costs as the largest obstacle for their laundromat business. Water rates across the country have more than tripled over the last 12 years, and it seems likely that rate increases will continue with additional federal mandates and risings costs of necessary resources. However, replacing and upgrading your commercial laundry equipment can help solve that problem. The improved technology, energy efficiency, and design that comes with upgraded equipment can help laundromat owners save more than $1,000 a year per machine.

2. Less maintenance work and machine down time

A washing machine or dryer that is out of order and waiting for repairs means less money for your laundry business. It also means more work for you, as you add fixing the machine to your seemingly never-ending list of things to do. With new machines, you know you’re getting top of the line equipment that will last for years to come. Pittsburgh Laundry Systems is a proud distributor of Speed Queen Commercial Laundry Equipment, whose washers and dryers are tested to last up to 25 years. Most new machines also come with a warranty and access to customer service from knowledgeable industry experts, so if a problem does come up, your laundry equipment will be up and running again in no time.

3. Increase in customer loyalty and support

With more than 35,000 laundromats nationwide, potential customers have a lot of options for their laundry needs. Upgrading and replacing your equipment can be a huge factor when it comes to getting customers to choose your facility over the competition. Replacing your old equipment means your customers get an industry leading brand name they’ll recognize, higher-quality and more eco-friendly equipment, the latest technology, and an all-around better experience. Plus, the new laundry equipment will help improve the overall look and feel of your laundromat, making it more inviting and relaxing for patrons and leaving a good first impression. Appearance, performance, and efficiency are all part of what makes a great laundromat experience and keeps customers coming back.

4. Boost in profitability

Customers naturally expect to pay more for newer equipment and updated features. In fact, laundry investors can expect to charge 10-20% more for new machines. Using that math, you would see almost $5,000 in additional profits per year after replacing a bank of 8 washer-extractors. In addition to customers being willing to pay more, new technology also allows laundromat owners unique features, such as Speed Queen’s Advanced Quantum® controls, which can help maximize profit potential and encourage customer loyalty. 

At Pittsburgh Laundry Systems, we want to partner with you and go above and beyond to make your laundry business successful. With a variety of products and financing options, we can help you get the right equipment for your facility at the right price. If you’re interested in taking the next steps to upgrade your commercial laundry equipment, contact our knowledgeable laundry specialists today!  

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