Pressure Washing Pricing Guide: When Does a System Pay for Itself?
As a general cleaning contractor, you provide pressure washing services for residential areas, businesses, and industries. As your business expands, you'll find yourself handling larger and longer contracts.
Eventually, you'll have to decide if you should upgrade your cleaning equipment to help you meet daily client needs. Purchasing a pressure washer or upgrading your current pressure washer is a significant decision.
Cleaning equipment requires capital and maintenance. You need to know how much it costs to purchase a new pressure washer versus renting equipment and how long you have to wait until the equipment starts paying for itself. How can you maintain a healthy cash flow after purchasing equipment?
These are crucial factors before buying any pressure washer. NorTex Sales & Service in Dallas addresses these and more concerns in our pressure washing pricing guide.
Pressure Washing Pricing Guide: What Do You Charge?
Before considering when the financial benefits of buying a new pressure washer outweigh the initial costs, it’s important to understand how you will make that money back.
The power washing business is highly competitive. As such, you should make calculated moves to keep your business afloat. Your pricing needs to be high enough that you make profits but low enough to attract customers. Here are some considerations you should make when pricing your services.
First, you need to make sure that you can afford your expenses. Your expenses are the costs of operation to generate revenue. Make a list of your monthly expenses. (Assume your month is 4 weeks). Expenses include:
- Spending on equipment rental, maintenance, and fuel costs
- Supplies such as detergent and oil
- Transport costs
- Rent and office operation costs
- Interests on loans and tax payments
Perform Competitive Analysis
Price Your Services
Assess Areas of Improvement
Since you've been in business for a while, note your inefficiencies and areas that need changes. How will these changes affect future pricing? If you plan on using a loan to pay for new efficient power washers, your pricing point needs to accommodate the loan and interest payments.
Pressure Washer Prices
Now that you have your pricing model established, you can begin considering when your investment will pay for itself. The cost of pressure washers depends on several factors.
Hot vs. Cold
Generally, hot water pressure washers are more expensive than cold water pressure washers. Hot-water pressure washers are necessary for specialized jobs, while cold pressure washers can handle most residential jobs. Do you need a hot or cold water pressure washer?
In addition to hot vs. cold, prices vary per machine model.
PSI (Pound Per Square Inch)
Generally, the more powerful the washer, the more it costs. Gas-powered washers typically have a higher PSI (over 2000) than electric ones. If you're doing heavy-duty cleaning, gas power washers are ideal for you.
Gas vs. Electricity
Your power source affects your expenses and determines if your power washer can pay for itself. Generally, gas-powered power washers cost more than electric-powered ones. Also, remember gas requires refills, which increases the operational costs.
Request a Quote
The only sure way to know the cost of a pressure washer is to ask for a quote. Let NorTex Sales & Service make it easier to understand when your pressure washer will pay for itself and how much it costs.
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