📱 Best Platforms
Setomatic, SpyderWash, Card Concepts Inc.
📖 The Hustle
Many apartment buildings have card-operated laundry machines, and the reload kiosk is a cash cow. Buy and place self-service kiosks where tenants insert cash or a credit card to add value to their laundry cards. You split the reload fees and a small percentage of laundry revenue with the property owner. A 100-unit apartment building generates steady reload activity 7 days a week. Ten kiosk agreements with property management companies can yield $3,000-$8,000 monthly with very little labor — just periodic cash collection and maintenance.
🚀 First Step
Research Setomatic or Card Concepts Inc. for laundry payment systems, get pricing on one kiosk, and approach 3 local apartment complex managers about upgrading their laundry payment system.
🔑 Keys to Success
- Target older apartment buildings (50-200 units) that still use quarters — converting them to card systems creates a captive reload revenue stream
- Offer property managers a turnkey upgrade at zero cost to them — you install and maintain the kiosk, and they get a cleaner laundry room with fewer coin thefts
- Each reload kiosk typically nets $1.50-$3.00 per tenant per month; a 200-unit building at $2 average generates $4,800 annually from one kiosk
🛠 Tools & Resources: Setomatic, SpyderWash, Card Concepts Inc., CSC ServiceWorks, local property management companies