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How To Calculate the Price You Should Be Charging for WDF Service with Dave & Carla Menz

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Manage episode 362843652 series 2893290
Content provided by Dave "Laundromat Millionaire" Menz. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dave "Laundromat Millionaire" Menz or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Are You Making a Profit on Your WDF Service? How much? Follow along as Dave & Carla Menz explain how to calculate your costs for a pound of laundry processed, share their actual costs, and teach you how to determine what you should be charging in your market. Grab that notepad and a calculator, you're definitely going to want to take some notes on this one!
Referenced Links:
•Dave’s Coaching & Workshops: www.laundromatmillionaire.com/coaching
Our Website: www.laundromatmillionaire.com
Our Online Course: https://dave-menz.mykajabi.com/sales-page
Our Youtube channel: https://youtube.com/c/LaundromatMillionaire
Our Podcast: https://laundromatmillionaire.com/podcast/
Our Facebook: https://www.facebook.com/laundromatmillionaire/
Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaire
Our LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/
Our Instagram: https://www.instagram.com/laundromatmillionaire/
Our laundromats: www.queencitylaundry.com
Our pick-up and delivery laundry services: www.queencitylaundry.com/delivery
Cents Payment Software: www.trycents.com
Timestamps
00:00 Laundromat Millionaire Intro
01:53 Some Ground Rules for the Discussion
08:44 Creating a Sample for the Averages
14:44 Cost Categories & Our Actual Numbers
15:00 Labor & Bonus Cost per Pound
20:09 Why Give Bonuses
23:00 Credit Card Cost per Pound
23:39 Utilities Cost per Pound
26:35 Machine Maintenance Cost per Pound
27:12 Packaging & Supplies Cost per Pound
28:24 Determining Your Price Based on the Profit Margin You Want
32:29 What About “Free Labor”?
36:32 Our Costs By Percentage
37:26 When to Raise Prices
39:08 Closing Remarks

  continue reading

Chapters

1. How To Calculate the Price You Should Be Charging for WDF Service with Dave & Carla Menz (00:00:00)

2. [Ad] Business is Fcking Hard (00:11:19)

3. (Cont.) How To Calculate the Price You Should Be Charging for WDF Service with Dave & Carla Menz (00:11:58)

98 episodes

Artwork
iconShare
 
Manage episode 362843652 series 2893290
Content provided by Dave "Laundromat Millionaire" Menz. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dave "Laundromat Millionaire" Menz or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Are You Making a Profit on Your WDF Service? How much? Follow along as Dave & Carla Menz explain how to calculate your costs for a pound of laundry processed, share their actual costs, and teach you how to determine what you should be charging in your market. Grab that notepad and a calculator, you're definitely going to want to take some notes on this one!
Referenced Links:
•Dave’s Coaching & Workshops: www.laundromatmillionaire.com/coaching
Our Website: www.laundromatmillionaire.com
Our Online Course: https://dave-menz.mykajabi.com/sales-page
Our Youtube channel: https://youtube.com/c/LaundromatMillionaire
Our Podcast: https://laundromatmillionaire.com/podcast/
Our Facebook: https://www.facebook.com/laundromatmillionaire/
Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaire
Our LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/
Our Instagram: https://www.instagram.com/laundromatmillionaire/
Our laundromats: www.queencitylaundry.com
Our pick-up and delivery laundry services: www.queencitylaundry.com/delivery
Cents Payment Software: www.trycents.com
Timestamps
00:00 Laundromat Millionaire Intro
01:53 Some Ground Rules for the Discussion
08:44 Creating a Sample for the Averages
14:44 Cost Categories & Our Actual Numbers
15:00 Labor & Bonus Cost per Pound
20:09 Why Give Bonuses
23:00 Credit Card Cost per Pound
23:39 Utilities Cost per Pound
26:35 Machine Maintenance Cost per Pound
27:12 Packaging & Supplies Cost per Pound
28:24 Determining Your Price Based on the Profit Margin You Want
32:29 What About “Free Labor”?
36:32 Our Costs By Percentage
37:26 When to Raise Prices
39:08 Closing Remarks

  continue reading

Chapters

1. How To Calculate the Price You Should Be Charging for WDF Service with Dave & Carla Menz (00:00:00)

2. [Ad] Business is Fcking Hard (00:11:19)

3. (Cont.) How To Calculate the Price You Should Be Charging for WDF Service with Dave & Carla Menz (00:11:58)

98 episodes

All episodes

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