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Coin-op

Brianrpaul98

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Aug 30, 2007
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Hi,

Just curious as to what others are charging for the Coin-op Washers and Dryers per load to the tenants?

Thanks,

Best reg,
 

Nir

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Dec 5, 2007
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$1.5 per load. but I`m just charging the same as previous owner from 2 yrs ago. it`s located 2 hours from Toronto by the way.
 

Thomas Beyer

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QUOTE (Brianrpaul98 @ May 12 2009, 05:11 PM) Hi,

Just curious as to what others are charging for the Coin-op Washers and Dryers per load to the tenants?

Thanks,

Best reg,
$1.50 to $2 .. depending in cycle length or size of machine ..
 

jarrettvaughan

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Sep 18, 2007
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QUOTE (thomasbeyer2000 @ May 12 2009, 08:31 PM) $1.50 to $2 .. depending in cycle length or size of machine ..

Wow, to give some perspective, I am living in France and we pay $12.00 per load for washing and $1.60/10 min or $10/hr for drying.
 

Thomas Beyer

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QUOTE (jarrettvaughan @ May 13 2009, 03:08 AM) Wow, to give some perspective, I am living in France and we pay $12.00 per load for washing and $1.60/10 min or $10/hr for drying.
yes, because space and electricity costs more .. it is VERY cheap in NA .. 6c/kwh .. a quarter of rates in Europe .. but with all this global warming discussion and silly cap-and-trade legislation it will rise here too ..
 

HeatherBrandt

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Our PM advised us to charge $1.75 to recoup costs (ie-not much cashflow!)


QUOTE (Brianrpaul98 @ May 12 2009, 05:11 PM) Hi,

Just curious as to what others are charging for the Coin-op Washers and Dryers per load to the tenants?

Thanks,

Best reg,
 

Thomas Beyer

0
REIN Member
Joined
Aug 30, 2007
Messages
13,881
QUOTE (HeatherBrandt @ May 13 2009, 11:11 AM) Our PM advised us to charge $1.75 to recoup costs (ie-not much cashflow!)
keep in mind that neither tenant nor PM nor Coinamatic nor Phelps (the 2 main W/D lease providers) pay for the huge electricity bill .. YOU DO !

Thus: err on the high side !!!
 
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