Laundry Room Contract?
Our building received a proposal from a laundry company that is offering us 50% of the collections (card system). Ignoring the merits of installing our own machines versus using a laundry company, does anyone know if 50% is par for the course? Also, how do we know what’s really being collected? It would seem to…
Our building received a proposal from a laundry company that is offering us 50% of the collections (card system). Ignoring the merits of installing our own machines versus using a laundry company, does anyone know if 50% is par for the course? Also, how do we know what’s really being collected? It would seem to be pretty easy for them to provide bogus figures.. Thanks for any insight.
Yes, 50% is standard.
Make sure you have stipulations as to how long you have to wait for service calls etc.
Not sure of the 50% but make sure that the contract does not have an automatic renewal clause, also be aware that a lot of these contracts prohibit the co-op allowing residents to have washing machines in their individual units.