Focus on more important things and leave the money handling to us.
Laundry room leases.
Coin o matic has 1 000 s of clients who choose not to own their laundry equipment.
Laundry room and equipment leasing.
Laundry room leases 101 at the most basic level a laundry room lease is similar to a commercial real estate.
Think of it this way.
When you lease your laundry room through coin o matic we take care of all of that for you.
This type of laundry lease offers 0 out of pocket fees or startup costs.
We deliver and install top brand commercial laundry machines outfitted with our proprietary vend and security features that can stand up to the heavy demands of your busy laundry room.
Assume that the lease for a laundry room provides thatwash s rent for those premises is fixed at say 60 of the gross revenue generated by each washer and each dryer in the room.
Lease washers dryers.
That means that if the machines take in 200 00 of quarters during a given month wash s rent would 120 00.
There are very good reasons for you not to own your laundry equipment which is why we have to two distinct programs to accommodate your needs.
Coin o matic takes care of any resident complaints or problems for you.
With this type of lease our company along with our customers will share the revenue collected.
While property managers might think they are leasing equipment that is not the case.
For over 30 years our team of experts have provided flexible and creative leasing programs for multi family institutional and commercial clients throughout the mid atlantic.
Fmb laundry is proud to partner with speed queen financial services to provide unmatched industry expertise for laundry room equipment leases.
We offer same or next day responses to service and equipment repair requests.
Golden state laundry systems offers full route laundry leases for any common area laundry room.
The laundry equipment provider is actually the lessee and the property manager is the lessor.