When investing in commercial laundry equipment, the sticker price is often the first consideration. However, the initial cost is just one part of the equation. To make an informed decision, businesses must evaluate the Total Cost of Ownership (TCO)—a comprehensive measure of the true cost of owning and operating laundry equipment over its lifecycle.
How to Assess Your Laundry Business and Increase ROI
As a laundromat owner, it’s not unrealistic to expect returns upwards of 25 to 35 percent. Your profit, however, rests in the quality and performance of your machines, location, and marketing efforts, among other factors.
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