Our Revenue Share (profit share) program is hands-off income: Smart-O-Mat installs state-of-the-art Speed Queen machines at zero cost, services everything, collects the revenue, and shares it with you — with transparent statements every period.
Machine mix, capacity, layout, and your building’s resident demographics — modeled honestly, with an underwriting haircut, so the proposal holds up.
State-of-the-art commercial Speed Queen washers and dryers, with the payment systems your residents will actually use — app, card, tap-to-pay, or coin.
Repairs, collections, resident communications, vent cleaning when it’s written in — laundry comes off your staff’s plate entirely.
Your share of revenue with a transparent statement every period: gross, split, your amount. On time.
Every period you see the room’s gross collections, each deduction by name (in most agreements, just the small card-processing cost on electronic payments), the split percentage, and the amount paid to you. If a statement doesn’t show gross, you can’t check the math — ours does.
Who lives in the building, how many units and how full, whether units have their own hookups, the machine mix the room needs, vend prices, and the term. Two buildings of the same size can honestly support two different splits — so we model yours instead of quoting a rate card.
The percentage is applied to what the room collects, and a machine that is down collects nothing for either of us. Residents who get burned twice stop using the room. A slightly lower split from an operator whose machines are always working usually pays the property more.
Read the full guide: how apartment laundry revenue share actually works →
No capital outlay, no repair coordination, no vendor management — and because our income depends on the room performing, our incentives point the same direction as yours. Higher uptime and happier residents mean more revenue for both of us. That’s the family-company philosophy in contract form: take care of the room, and the revenue follows.
Nothing. We supply, install, and maintain state-of-the-art Speed Queen machines at our expense and share the monthly revenue with the property.
We model your property's actual demographics — family, student, senior, and working-adult mixes each use laundry very differently — and propose a split the numbers can actually support.
Transparent statements every period: you see gross collections, the split, and your share. Modern payment systems track digital usage automatically.
Guaranteed 24–48 hour response, and if the same fault occurs three times in three months, we replace the machine.
It depends on the agreement, and it is the first thing to read. In most modern agreements the small card-processing cost on electronic payments is passed through before the split. Your statement shows collections, every deduction, the split, and your share on one page.
No — the percentage is fixed in the agreement. What changes the dollar amount is how much the room collects, which is why uptime and service matter more than a point or two of split.
Terms are sized to the equipment and the room and spelled out by your sales rep before you sign. After the initial term the agreement continues month-to-month.
Agreements go month-to-month after the initial term — no evergreen auto-renewal traps — with owner-side exit options written in from day one.
Tell us about your property and we’ll model its numbers — then walk you through revenue share, rental, and purchase side by side, so you can choose with the math in front of you.
