There are a number of different factors you can look at when choosing a coin-operated washing machine, many of which are directly related to how you plan on using it. Some important features to consider are the load size and wash duration, which can effect the profitability of the unit. You can also make some extra money from this type of machine if it has the ability to dispense detergents and fabric softeners. Many newer units also have tamper proof functionality, which can help prevent potential customers from obtaining free wash cycles. Exactly how important each feature is to you can depend on how much the unit will be used, which may hinge largely on whether you own a laundromat or are just looking to install a coin-operated washing machine in a rental unit.
The size of each load that a coin-operated washer can handle, along with the length of time it takes to complete, can be important if you operate a laundromat. You may want to look for large capacity machines that work quickly, because this can allow more customers to use the units. Most coin-operated units allow you to adjust the amount that each load costs, so you can charge an appropriate amount based on load size.
If you are installing a unit in a rental property, capacity and speed may not be as important. When you provide a coin-operated washing machine to your tenants you have a limited number of potential customers, so getting more people in and out quickly will not necessarily result in larger profits. For these situations, you may look at other features that can help your bottom line. A coin-operated washer that automatically dispenses detergent, fabric softener, and bleach for an extra cost can provide an additional revenue stream. In a laundromat setting, you may prefer to have separate vending machines to provide those products.
Another important factor to consider when buying a coin-operated washing machine is theft. Coin boxes that are not well secured can invite the attention of thieves, but you can also lose money if people are able to circumvent the payment mechanism altogether. Many older machines have known vulnerabilities that make it relatively easy to use a washing machine without putting any coins in, or by using slugs or lower valued foreign money. If theft is a concern to you, you should look for a model that is well secured.
