Frequently Asked Questions
What length of agreement can we expect to enter into with Washtek?
The majority of agreements entered into today are either seven or ten years, the longer the agreement the more generous the terms of the contract will be.
What percentage of the laundry revenue can we expect from Washtek?
How much Washtek pays out is determined by the revenue your laundry room is generating and the cost of the equipment required for your laundry room. The more revenue generated, the higher % Washtek will pay you. It can be as high as 75%.
With accepting a percentage of revenue; who oversees accountability?
With Washtek's phone app payment systems, there is no risk of theft from employees or tenant vandalism as there is no cash involved.
What about up-front money and bonuses?
Although “up-front money” or “bonus money” might sound like a windfall, neither is what it seems. Both are discounted money paid at the beginning of the agreement that otherwise would be paid over the life of the agreement. Thus, the larger the “bonus” payment, decreases the revenue % shared to typically 50% vs. say 70-75% without a bonus.
What kind of energy savings do High-Efficiency washers offer?
HE washers can use as little as 20-50% of the energy used by traditional agitator washers because there is less water to heat, according to the Soap and Detergent Association (SDA).
How many gallons of water does the washer use?
Water usage varies by washer. However, the newer Front-Load washers use approximately 10-12 gallons, and the newer Top-Load washers use approximately 24-27 gallons of water.
How often are the vents cleaned?
Washtek will clean out the dryer vents every 6 months or sooner if needed.