Wednesday, October 7, 2015

Used Coin Laundry Equipment

Recently I stumbled onto a message board where someone was looking for a good source for discounted coin operated washers and dryers.  They wanted a deal but didn’t want to buy used.  Their reasoning was that they believed brand new equipment provided the fewest service calls and ultimately generated more income.  I’d like to dispute that philosophy a bit.

Here are my top three reasons why I think you should consider purchasing used coin laundry equipment:

  1. Buying new coin laundry equipment is a significant upfront investment, and ultimately it will take longer to recoup that investment and start generating profit.
  2. Not only does purchasing good quality used coin laundry equipment mean a lower upfront investment leading to faster profits, it also means that any repairs most likely will be made using good quality used parts which come at a much lower cost than new parts. 
  3. Buying new doesn’t automatically mean that nothing will go wrong for a specified time period.  New equipment can break down too, and sometimes with the latest and greatest comes working out the kinks.  Just think about all the electronics and behind the scenes gizmos in those state-of-the-art pieces that can fail.  Now think about how expensive those replacement parts are.
Of course, before you purchase any piece of equipment – new or used – we recommend that you do your due diligence.  But since I’m advocating for used coin laundry equipment here, I recommend that you make sure that parts are still available, that the operator shares first-hand experiences and pictures, and that there is no sign of excessive wear.

If you are in the market for used coin laundry equipment, Tri-State Laundry Equipment Company has access to a wide-variety of makes, models, and manufacturers.  Simply give us a call at 1-866-885-5218.  We are happy to help.