{"id":13056,"date":"2022-07-13T13:54:00","date_gmt":"2022-07-13T16:54:00","guid":{"rendered":"https:\/\/speedqueencommercial.com\/en-us\/?p=13056"},"modified":"2023-09-15T06:53:48","modified_gmt":"2023-09-15T11:53:48","slug":"why-you-cant-afford-long-lead-times","status":"publish","type":"post","link":"https:\/\/staging.speedqueencommercial.com\/en-us\/news\/why-you-cant-afford-long-lead-times\/","title":{"rendered":"Why you can\u2019t afford long lead times\u00a0"},"content":{"rendered":"\r\n<p><strong>Laundromat owners must consider missed-opportunity costs\u00a0<\/strong><\/p>\r\n\r\n\r\n\r\n<p>In the business world, few things can be more expensive than missed-opportunity costs. Nowhere is that more accurate than in the laundry business. Laundromat owners putting off upgrading dated equipment will suffer a heavy missed-opportunity costs.\u00a0<\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li><strong>Efficiency<\/strong>. Whether it\u2019s upgrading top load washers to washer-extractors, or inefficient tumble dryers, the savings are significant. Washer-extractors not only bring improved water efficiency, but their high G-Force extraction speeds reduce drying times. Every day that goes by without an upgrade is money lost to the owner \u2026in some ways, literally down the drain.\u00a0<\/li>\r\n<li><strong>Return on investment<\/strong>. Upgrading equipment, even just a bank of washer-extractors, gives owners an opportunity to command a higher vend. Now, add in the significant lift \u2013 sometimes in the double figures as a percent of revenue \u2013 from cycle modifiers, and the ROI can really raise the laundry\u2019s bottom line. But again, every day that goes by is another missed opportunity cost to your business. Uncaptured revenue is gone forever.\u00a0<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li><strong>New investor<\/strong>. The business world moves fast. So, if you\u2019ve embarked on the buildout of your new store, but your equipment supplier is nine months, a year, or longer in even getting your equipment, much less getting it installed, what\u2019s the missed-opportunity cost of a year of lost revenue?\u00a0<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p>Bottom line, with the current business environment\/economy, no business can wait for equipment. At Speed Queen, we understand this and that\u2019s why we\u2019ve worked hard to get our customers products as fast as possible with little or no waiting. Long lead times come at a significant missed-opportunity cost.\u00a0<\/p>\r\n\r\n\r\n\r\n<p>If you\u2019re ready to invest in your laundry, we are ready to help. Visit <a href=\"https:\/\/speedqueencommercial.com\/en-us\/locator\/\" target=\"_blank\" rel=\"noreferrer noopener\">our distributor locator<\/a> to find a local expert in your area, or visit us at the <a href=\"https:\/\/the-clean-show.us.messefrankfurt.com\/us\/en.html\" target=\"_blank\" rel=\"noreferrer noopener\">Clean Show<\/a> from July 30 through Aug. 2, in Atlanta, Ga. at the Georgia World Congress Center.\u00a0\u00a0<\/p>\r\n\r\n\r\n\r\n<p>We have some of the best lead times in the industry and our laundry experts can run cost calculations on just what your laundromat can reap in improved efficiency and ROI.\u00a0<\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>Laundromat owners must consider missed-opportunity costs\u00a0 In the business world,<\/p>\n","protected":false},"author":56,"featured_media":13104,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[79,1],"tags":[],"class_list":["post-13056","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-laundromats","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v26.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Why you can\u2019t afford long lead times\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\/why-you-cant-afford-long-lead-times\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta 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