Is it time to replace your laundry equipment?

Illustration - Outdated or used laundry equipment may prove costly. Find out how you can save money by replacing your washers and dryers with high-efficiency professional laundry machines

If your washers and dryers are old and outdated, they’re likely costing you more and making you less.

Excluding variables such as frequency of use, general condition, number of repairs and maintenance), typical peak lifetimes of laundry equipment are as follows:

  • Top or front load washer: 5-7 years
  • Washer-extractors: 12-15 years
  • Tumble dryers: 12-15 years
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SAVE MONEY WITH HIGH-EFFICIENCY SPEED QUEEN LAUNDRY MACHINES

The new Speed Queen professional washers and dryers can dramatically reduce your annual utility costs. Equipped with the advanced Quantum Touch controls, they are designed to save more water and use less energy, maximizing your laundry room’s efficiency.

€1.16

Old 10 kg washer-extractor utility costs** per cycle

€0.37

New 10 kg Speed Queen® washer extractor* utility costs** per cycle

=

€0.79

Total savings per cycle after upgrade.

€84.06

Total savings per month per washer-extractor

€1,008.72

Total savings per year per washer-extractor

* Based on nationwide average of utility rates. Utility rates for water, sewer and heating vary. Check your local rates and adjust estimated costs accordingly.
** Based on replacement of a 12-year-old Speed Queen® 10 kg washer-extractor with MD2 Controls to a new Speed Queen 10 kg washer-extractor with Quantum® Controls.

MAXIMIZE PROFITABILITY

New Speed Queen laundry machines do more than save you money – they make you money.

INCREASE PRICES

Customers expect to pay more for newer equipment with updated features. Owners can reasonably expect to charge 10-20%† more for new equipment of similar capacity.

Example with 1 10 kg washer-extractor:

  • €0.48 average price increase per cycle*
  • 3.5 cycles per day
  • 365 days per year

= €613.20 added profit per year per washer-extractor

EFFICIENT TUMBLE DRYERS

Speed Queen tumble dryers and stack tumble dryers maximize profit and efficiency by:

  • Increasing productivity, your profit stream and customer satisfaction.
  • Reducing your minutes per quarter while keeping your revenue the same, which also makes customers happy and increases turns per day.
  • Providing faster dry times and better performance, which help customers get in and out of your store quicker, and makes your store a premium laundry destination.
  • Maximizing capacity per square foot of space with stack tumble dryers.

MORE PROFITABLE. MORE AFFORDABLE

The up-front cost of new washers and dryers is one of the biggest hurdles laundry room owners face when renewing their equipment. That’s the reason why Speed Queen® Financial Services offers personalized plans that fit your budget.

Example with 8 10kg washer-extractors:

  • €1,032.33 average monthly utility savings and added revenue*
  • €825.69 average monthly payment

= €476.64 profit per month

CYCLE MODIFIERS

Quantum Controls enable you take profitability one step further by letting you maximize upsell opportunities with different pricing programs: Multi-Level, Default-Level, Time-Of-Day Pricing, and reward programs that encourage customer loyalty.

Example with 1 10kg washer-extractor:

  • €0.26 average cycle modifier price increase*
  • 3.5 cycles per day
  • 365 days per year

= €332.15 added profit per year per washer-extractor

* According to a 2016 Coin Laundry industry survey, the average vend price per turn is currently $4.75 and is expected to rise to $5.23 with new equipment.
** Based on replacement of a 12-year-old Speed Queen® 10 kg washer-extractor with MD2 Controls to a new Speed Queen 10 kg washer-extractor with Quantum® Gold Controls.
† According to the Coin Laundry Association (CLA) whitepaper “Deciding when to Replace Laundry Equipment.”
† http://www.coinlaundry.org/investor-resources/additonalinfo#businesscycle

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