More property owners are moving away from buying and managing their own laundry equipment. Instead, they’re opting for laundry room leasing, a more straightforward and lower-risk approach to providing residents with reliable laundry services.
It’s convenient to be sure, but there’s more to it than that. We’ll help you cut costs, save time, and turn your tenant’s laundry room into a steady source of extra income.
When you lease your laundry room through a trusted provider like Coin-O-Matic, you get all the benefits of on-site laundry services for apartments, without any of the day-to-day hassle.
The Problem with Owning Laundry Equipment
Traditionally, multi-housing property owners have purchased their own washers and dryers, managed service issues, handled collections, and fielded tenant complaints. However, equipment breaks down, parts wear out, and costs accumulate quickly.
If you’re juggling multiple properties or simply want a better use of your time and budget, ownership often becomes more of a burden than a benefit.
What Is Laundry Room Leasing?
Laundry room leasing allows you to outsource the equipment, service, and operations to a partner like Coin-O-Matic. We install and maintain commercial-grade machines, handle tenant support, manage collections, and provide usage reporting, all while sharing the revenue with you.
Looking for a low-risk, high-reward alternative to equipment ownership? You’re going to love our revenue-sharing laundry program. You provide the space; we handle everything else.
The Benefits of Laundry Room Leasing
Managing laundry rooms doesn’t have to be a hassle. With laundry room leasing, you can hand off the headaches and still enjoy the benefits, like happy tenants, modern equipment, and monthly revenue without the busywork.
1. No Upfront Equipment Costs
With Coin-O-Matic, you don’t have to buy commercial laundry equipment. We provide the machines, so you can upgrade your laundry room without pulling from your capital budget.
2. Full-Service Support
The professionals from Coin-O-Matic will handle everything. From installing the commercial laundry equipment to handling maintenance and service calls. That means fewer headaches for you and a better experience for your tenants.
3. Reliable Income
With our revenue-sharing model, your laundry room can start earning for you, without adding to your to-do list. We handle the operations, you collect your share. It’s that simple.
4. Modern Machines Tenants Appreciate
We install high-efficiency machines with features like mobile payments, quick wash cycles, and ADA compliance. It’s a better experience for residents and a competitive edge for your property.
5. Help Updating Your Space
If your laundry room needs some work, we’ve got you covered. Our team can recommend improvements and help refresh the space so it feels like an amenity, not an afterthought.
Why Property Owners Trust Coin-O-Matic
Coin-O-Matic has been in the laundry business for over 100 years. We’ve helped property owners and managers across our service area in Illinois, Indiana, Michigan, and Wisconsin streamline their operations.
Here’s what makes us the right choice for your apartment laundry leasing needs:
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Specialized Experience in Multi-Housing Laundry Solutions
We understand the needs of apartment communities, condos, and other multi-family housing, and we tailor every leasing program accordingly. -
Flexible, Custom Leasing Agreements
No two multi-housing properties are alike. That’s why we offer leasing plans built around your layout, tenant preferences, and revenue goals. -
Top-Tier Commercial Laundry Equipment
Our machines are built to perform and designed to impress. They are reliable, energy-efficient, and backed by brands like Speed Queen. -
Responsive, Local Service Teams
Our regional presence means faster service and real human support. We treat your property like it’s our own. -
A True Hands-Off Solution
From equipment and maintenance to reporting and support, we make outsourced laundry services easy and profitable for property owners, helping you monetize your laundry facility from an afterthought to an asset without the hassle.
Upgrade Your Laundry Room. Boost Your Bottom Line.
Tenants want clean, reliable laundry rooms, and property owners shouldn’t have to jump through hoops to provide them. With Coin-O-Matic’s laundry room leasing program, you can provide residents with the features they expect without the cost, hassle, or upkeep associated with owning the equipment.
It’s an easy way to enhance your property, reduce your workload, and generate steady income month after month.
Ready to lease your laundry room and let us handle the hard work?
Contact Coin-O-Matic to get started with a custom leasing program designed for your property.