What to Look for in a Revenue Sharing Partner

In the world of commercial laundry, choosing a revenue sharing partner is an important decision that can significantly impact the success and profitability of your laundry business. It’s essential to consider various factors when selecting a partner to ensure your equipment, operations, and customer satisfaction are optimized.

Laundry equipment is the backbone of any commercial laundry operation, and a dependable revenue sharing partner ensures that your machines are high-quality and cost-effective. 

Partners provide maintenance and support services that keep the equipment running smoothly and minimize downtime and disruptions to your laundry room's operation. A reputable partner builds trust and confidence for you and your tenants or customers.  

Overall, the right revenue sharing partner acts as a dependable friend in the laundry business, contributing to efficiency, customer satisfaction, and long-term success — and taking the stress off your shoulders.

When selecting a laundry revenue sharing partner, several key factors should be at the forefront of your decision-making process. 

Equipment Quality and Selection

High-quality equipment is crucial for the seamless and efficient operation of the laundry business, ensuring durability and energy efficiency. A revenue sharing partner with a broad selection of washers, dryers, and other laundry equipment options ensures that you can find the perfect fit for your unique requirements, optimizing performance and customer satisfaction.

Durable machines from top laundry brands like Speed Queen and Maytag that include flexible cycle programming and auto-sensing help to reduce utility bills and align with sustainability goals, which is becoming increasingly important in the laundry industry. 

These brands also have a variety of sizes and capacities to accommodate whatever laundry room space you have available. 

We provide cashless payment options for your residents, including credit and debit cards and Smart Cards, making it easy for your tenants to pay for their laundry. 

In the end, a laundry revenue sharing partner helps you navigate the ins and outs of choosing equipment, ensuring you have a well-designed, functional space. 

Maintenance and Support Services Included With the Lease

One of the main perks of revenue sharing is that you don’t have to worry about maintaining the equipment. A reliable laundry revenue sharing partner should offer comprehensive and responsive services to keep your laundry equipment running at its best. 

Whether it's routine maintenance, emergency repairs, or readily available spare parts, your revenue sharing partner should be a safety net that you can rely on to maintain a smooth and customer-friendly laundry room. 

When considering a revenue sharing partner, ask them about their maintenance schedule and typical turnaround time for repairs. Coin-O-Matic offers commercial and coin laundry repair services and the equipment, parts, and accessories you need to run a successful laundry room. 

At Coin-O-Matic, we have:

• Experienced and helpful staff

• Over 10,000 square feet of inventory on-site

• A large inventory of discontinued or hard-to-find parts 

• All OEM parts

• Quantity discounts

• Extended parts counter hours and Saturday hours

• Same day shipping 

“We have used Coin-O-Matic for all our business needs over the years.  They go above and beyond every time- communication, best service department, awesome pricing.” 

– Bridget M. 

Trusted Reputation and Reliability

A trusted reputation and reliability showcase the revenue sharing partner's ability to consistently deliver on their promises and provide excellent service. 

A partner with a strong track record in the industry will demonstrate their experience and reliability, providing you with confidence that you signed the right laundry room lease agreement. Building trust is not only about the partner's past performance but also their commitment to maintaining that reputation in the future. 

Coin-O-Matic has been a trusted leader in the laundry industry since 1921. We’ve helped laundry business owners in the major cities around Illinois, Indiana, Michigan, and Wisconsin with successful revenue sharing.  

“We worked with Coin-O-Matic to replace all of the washers and dryers in our condo building, and the whole Coin-O-Matic team was very responsive, from submitting a bid to scheduling to helping us get the new Bluetooth payment accounts set up for our residents. Joe, Chris, Steve, and Sharon were terrific to work with on our installation and set-up. Highly recommend.” 

– Jenn S. 

Customization and Flexibility

Customization and flexibility in revenue sharing agreements are essential factors to consider when selecting a laundry revenue sharing partner. 

Every laundry room is unique, with its own set of requirements and business goals. The ability to tailor revenue sharing agreements to specific needs ensures that you can get the most out of your partnership. 

A revenue sharing partner that offers a range of flexible options allows you to select the terms, equipment, commission schedules, and support services that best align with your unique circumstances. This adaptability is extremely valuable since it enables you to scale up or down as needed, responding to changing market conditions and maintaining financial flexibility. 

With Coin-O-Matic, you don’t have to worry about collecting coins and maintaining your equipment. With Coin-O-Matic’s revenue-sharing program, we pay you rent for revenue sharing your laundry room. Our team will manage the money and transactions from your machines, maintain and repair your equipment, and much more. 

Choose a Trusted revenue sharing Partner

Coin-O-Matic is committed to helping Midwest laundry room owners navigate this decision-making process and provide comprehensive support in setting up your laundry room with top-of-the-line laundry equipment. 

We offer:

• Cost-Effective Solutions: Coin-O-Matic provides generous revenue splits and transparent terms that align with the budget of laundry room owners.

• High-Quality Equipment: Coin-O-Matic offers durable and energy-efficient laundry equipment, ensuring long-lasting performance and environmentally responsible operations.

• Comprehensive Maintenance and Support: The company's maintenance and support services keep laundry equipment running smoothly, minimizing downtime and maximizing customer satisfaction.

• Proven Reputation and Reliability: With a strong track record in the industry, Coin-O-Matic consistently delivers on its promises and upholds high standards of service and support.

• Customization and Flexibility: Coin-O-Matic allows laundry owners to tailor revenue sharing agreements to their unique needs, offering adaptability and control over their laundry rooms.

“Coin-O-Matic has always been with us 100% throughout our entire business life to keep everything working and answer any questions 24/7.” 

– Brian E.

If you need assistance in selecting the best commercial laundry equipment for your laundry room or are looking for a trusted revenue sharing partner, don't hesitate to contact Coin-O-Matic today. We take pride in serving the major cities and towns in Illinois, Indiana, Michigan, and Wisconsin. Let us be your partner in building a successful and thriving laundry room!