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

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/coachingOur Website: www.laundromatmillionaire.com Our Online Course: https://dave-menz.mykajabi.com/sales-pageOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaireOur 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/deliveryCents Payment Software: www.trycents.comTimestamps00:00 Laundromat Millionaire Intro01:53 Some Ground Rules for the Discussion08:44 Creating a Sample for the Averages14:44 Cost Categories & Our Actual Numbers15:00 Labor & Bonus Cost per Pound20:09 Why Give Bonuses23:00 Credit Card Cost per Pound23:39 Utilities Cost per Pound26:35 Machine Maintenance Cost per Pound27:12 Packaging & Supplies Cost per Pound28:24 Determining Your Price Based on the Profit Margin You Want32:29 What About “Free Labor”?36:32 Our Costs By Percentage37:26 When to Raise Prices39:08 Closing Remarks