How do I calculate the ROI of a cleaning robot?
Return on Investment (ROI) can be calculated using the following method:
ROI Formula:
ROI = (Annual Savings - Annual Robot Costs) / Investment x 100
Step-by-Step Calculation:
1. Determine Current Cleaning Costs:
- Labor costs: Hourly rate x Hours/day x Working days/year
- Example: EUR 18/h x 6h/day x 250 days = EUR 27,000/year
2. Calculate Robot Costs:
- Depreciation (5 years): EUR 40,000 / 5 = EUR 8,000/year
- Maintenance: EUR 3,500/year
- Electricity: EUR 500/year
- Staff supervision (1h/day): EUR 4,500/year
- Total: EUR 16,500/year
3. Calculate ROI:
- Savings: EUR 27,000 - EUR 16,500 = EUR 10,500/year
- ROI: 10,500 / 40,000 x 100 = 26.3% annually
- Payback period: ~3.8 years
Non-Monetary Benefits (often underestimated):
- Consistent quality, 24/7 availability
- Documented cleaning protocols
- Reduction in workplace accidents
Use the Botomix ROI Calculator for your customized calculation.