If you've been reading our previous blog posts you probably already know that vending machines are a great way to expand your profit margin within your laundromat. Whether you choose to purchase one or rent, it will still be a great way to make money. You might be wondering how these machines can earn profit. While one machine will make a decent amount of money each month the best way to really earn more profits is through owning multiple machines.
The potential profit varies for each type of machine you have. When you're thinking about owning multiple machines, there's a broad spectrum. Gumballs, candy, soft drinks, coffee, sandwiches and more can be a great investment. Each product has a specific markup that can help make extra money for your business.
Many machines have the potential to make up to $100 per week, especially if your laundromat is busy. Most people who come in will spend between two and four dollars at a vending machine every time they visit your business. Depending on how many types of machines you offer you might find that customers will spend five to seven dollars per visit.
When you think about it in terms of what they'll purchase, you can get a better understanding of how much they'll spend. Those who buy coffee may want something sweet to go with it. That will range between two and four dollars. If you offer a sandwich machine, it's likely the customer will want a bag of chips and a drink. This can range between five and seven dollars. If you have a lot of people who come in at meal times to launder their clothing, you'll find that having a sandwich machine is a great idea.
We hope this information helps you get a better idea of how much you can earn by offering vending machines in your laundromat. If you need help deciding whether or not you should purchase one or rent, be sure to visit back with our previous blog posts. You will be able to read all about the advantages and disadvantages between owning and renting.
Searching for Dexter Dealers in North Carolina? Try Speed Queen or Continental Instead!
T & L has been in operation for 40 years. Within that time, we've worked hard to offer the best machines for the best prices. We believe in our products and are excited to share them with you. Even though we are not Dexter dealers in North Carolina, we know that the benefits you’ll gain from trusting our washers and dryers are incomparable. Our products offer the following advantages:
- Easy to install and use
- Saves washing and drying time
- Saves money
- Saves energy
- Easy to clean
- Comes in a variety of sizes and capacities
If you’re ready to talk with T & L about purchasing washers or dryers, contact us. We are here to help you with all your Speed Queen Laundry equipment needs. Don’t hesitate to call with any questions or concerns you might have about our products. We hope to work with you soon, to help you start saving time, money and energy with the best equipment on the market! When you're searching for affordable Speed Queen dealers in North Carolina, call T & L.
