{"id":13047,"date":"2022-04-27T14:19:00","date_gmt":"2022-04-27T17:19:00","guid":{"rendered":"https:\/\/speedqueencommercial.com\/en-us\/?p=13047"},"modified":"2023-09-15T06:55:02","modified_gmt":"2023-09-15T11:55:02","slug":"bigger-the-capacity-the-bigger-the-profits","status":"publish","type":"post","link":"https:\/\/staging.speedqueencommercial.com\/en-us\/news\/bigger-the-capacity-the-bigger-the-profits\/","title":{"rendered":"Bigger the capacity, the bigger the profits?\u00a0"},"content":{"rendered":"\r\n

In the old days, top load washers were the standard feature of laundromats. Then came multi-load capacity washers. Fast forward to today. The trend is definitely big\u2026real big. At many stores, 60-pound capacity washer-extractors have become workhorses, turning nonstop from opening to closing. Even 80- and 100-pound capacity units, rarities 10 years ago, are fast becoming quite common.\u00a0<\/p>\r\n\r\n\r\n\r\n

Bigger comes at a price; the jump from the 60-pound realm to 80- and 100-pound capacities is significant. However, the price cannot be viewed one-dimensionally. If that was the case, the industry would still be dominated by top loads \u2013 they\u2019re inexpensive, easy to install and people still use them. But as American Coin-Op<\/em> magazine reports in its \u201c2021-22 State of the Industry\u201d poll (April 2022 issue), front load washers are seeing an average of 1.2 more turns than top loaders.\u00a0<\/p>\r\n\r\n\r\n\r\n

Then, of course, there\u2019s the difference in vend price. Top loads are often priced around $2. As you\u2019d expect, the extra investment in larger equipment pays much larger dividends \u2013 American Coin-Op<\/em> reports the range for an 80-pound $7 to $12.50. While top loads are familiar and people generally like them, they also handcuff owners\u2019 ability to get a premium vend. They are single-load units, have long cycle times, and most don\u2019t offer profitable cycle modifiers. So, that vend range for an 80-pound unit will rise as customers a high percentage of the time add at least one cycle modifier.\u00a0<\/p>\r\n\r\n\r\n\r\n

The bottom line is that while larger equipment comes with a higher price tag, it brings greater efficiency, and has far more revenue-generating upside than top loads. Owners who counter with the argument that \u201cif I don\u2019t have top loads, I\u2019ll lose customers\u201d need to ask themselves if they want to keep a $2 customer or have the opportunity to win $10 and $15 clients.\u00a0<\/p>\r\n\r\n\r\n\r\n

To read American Coin-Op<\/em>\u2019s full industry survey, click here<\/a>.\u00a0\u00a0<\/p>\r\n","protected":false},"excerpt":{"rendered":"

In the old days, top load washers were the standard<\/p>\n","protected":false},"author":56,"featured_media":13106,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[79,1],"tags":[],"class_list":["post-13047","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-laundromats","category-news"],"acf":[],"yoast_head":"\nBigger the capacity, the bigger the profits?\u00a0 - NA Speed Queen Commercial<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/speedqueencommercial.com\/en-us\/news\/bigger-the-capacity-the-bigger-the-profits\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bigger the capacity, the bigger the profits?\u00a0\" 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